Market Summary

Salem, Washington County, IN

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Median Home Price Price

$199,455 $199.5K

Median Monthly Rent Rent

$924 $924

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Washington County

Region Price Rent GRM Display
$235,003 $1,292 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Washington County

Region Price Rent GRM Display
$267,279 $924 24.0x
$223,146 $984 19.0x
$232,708 $1,165 17.0x
$242,331 $1,289 16.0x
$228,709 $990 19.0x
$161,481 $897 15.0x
$284,123 $1,447 16.0x
$217,148 $1,091 17.0x
$258,709 $924 23.0x
$256,054 $993 21.0x
$210,508 $1,021 17.0x
$275,386 $1,697 13.0x
$185,812 $1,009 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$301,025 $1,208 21.0x
$256,259 $962 22.0x
$151,315 $1,025 12.0x
$340,849 $905 31.0x
$340,101 $1,658 17.0x
$249,122 $882 24.0x
$239,722 $1,186 17.0x
$347,541 $1,484 20.0x
$195,239 $952 17.0x
$304,752 $1,657 15.0x
$267,475 $1,579 14.0x
$203,029 $1,128 15.0x
$250,686 $945 22.0x
$251,979 $1,280 16.0x
$226,858 $944 20.0x
$394,350 $1,524 22.0x
$287,958 $966 25.0x
$233,561 $1,084 18.0x
$312,505 $1,565 17.0x
$286,706 $1,357 18.0x
$158,446 $1,128 12.0x
$306,785 $936 28.0x
$253,879 $1,096 19.0x
$188,413 $917 17.0x
$265,795 $1,502 15.0x
$237,234 $1,230 16.0x
$266,678 $1,162 19.0x

Home prices

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Monthly rent

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GRM

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Salem

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Trend Insights

Median Rent in Salem, IN is $924, with MoM change +$9 and YoY change +$75 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Salem, IN.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Salem, IN
Compare market Select a market
Delta vs base
Median rent
$924
N/A
Median price
$199,455
N/A
YoY change
+$75
N/A
Price-to-rent
18.0x
Data unavailable
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