Salem, Roanoke County, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Salem, Roanoke County, VA

Median Home Price Price

$287,852 $287.9K

Median Monthly Rent Rent

$1,373 $1.4K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Salem, VA is $1,373, with MoM change +$14 and YoY change +$99 pointing to positive momentum while volatility is low (std $24).

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Metric

Base market Salem, VA

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Delta vs base

Median rent

$1,373

N/A

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Median price

$287,852

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YoY change

+$99

N/A

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Price-to-rent

17.5x

Data unavailable

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