Market Summary

Salem, Virginia Beach City, VA

Login to save

Median Home Price Price

$397,697 $397.7K

Median Monthly Rent Rent

$2,289 $2.3K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Virginia Beach City County

Region Price Rent GRM Display
Kempsville
$338,458 $2,078 14.0x
Macons Corner
$347,608 $2,066 14.0x
Bayside
$341,024 $1,904 15.0x
Mears Corner
$388,727 $2,126 15.0x
Princess Anne
$513,209 $2,150 20.0x
Princess Anne Plaza
$324,685 $2,065 13.0x
Green Run
$305,518 $2,161 12.0x
Thalia
$328,763 $2,061 13.0x
Seatack
$390,145 $2,135 15.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.

Similar markets within VA outside of Virginia Beach City County

Region Price Rent GRM Display
River Oaks, Prince William County, VA
$456,112 $2,708 14.0x
Titustown, Norfolk City, VA
$279,389 $1,681 14.0x
Kiln Creek, Newport News City, VA
$309,603 $1,664 16.0x
Bayview Beach, Norfolk City, VA
$296,562 $1,637 15.0x
Greenbrier West, Chesapeake City, VA
$344,128 $2,151 13.0x
Indian River, Chesapeake City, VA
$301,610 $1,793 14.0x
Lake Taylor, Norfolk City, VA
$310,243 $1,721 15.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.

Similar markets outside of VA

Region Price Rent GRM Display
Providence Estates East, Mecklenburg County, NC
$562,305 $2,185 21.0x
Waterford, Allen County, IN
$255,755 $1,452 15.0x
Bay Park, Nassau County, NY
$619,195 $2,292 22.0x
Old World Village, Yuma County, AZ
$287,687 $2,155 11.0x
Sterling Ridge, Montgomery County, TX
$664,117 $2,286 24.0x
College Heights, Washtenaw County, MI
$315,141 $1,553 17.0x
Deerfield Estates, Allen County, IN
$254,540 $1,488 14.0x
Bayshore, New Hanover County, NC
$566,272 $2,181 22.0x
Prospect Heights, Lancaster County, PA
$286,946 $1,742 14.0x
Wessex Square, Mecklenburg County, NC
$648,348 $2,100 26.0x
Hunters Point, Allen County, IN
$258,802 $1,431 15.0x
Carmel, Mecklenburg County, NC
$638,049 $1,988 27.0x
Mill Ridge Place, Allen County, IN
$267,274 $1,440 15.0x
Forest Lakes, Charleston County, SC
$485,748 $2,204 18.0x
Trail Springs, Johnson County, KS
$269,338 $1,536 15.0x
N Albuquerque Acres, Bernalillo County, NM
$677,494 $2,249 25.0x
Creekwood, Allen County, IN
$256,528 $1,439 15.0x
Ridgewood, Cumberland County, NC
$185,863 $1,900 8.0x
Citrus, Maricopa County, AZ
$1,344,121 $2,132 52.0x
Windsor Woods, Allen County, IN
$301,272 $1,685 15.0x
Stonecreek, Charleston County, SC
$564,144 $2,206 21.0x
Hilltop, Snohomish County, WA
$632,504 $2,290 23.0x
Dexter Falls, Franklin County, OH
$281,661 $1,858 13.0x
Fullerton, Lehigh County, PA
$307,997 $1,727 15.0x
Walnut Grove, Douglas County, NE
$267,986 $1,885 12.0x
Symphony Hills, Johnson County, KS
$407,704 $1,473 23.0x
Panther Creek, Montgomery County, TX
$425,118 $2,111 17.0x
Holly, Snohomish County, WA
$602,673 $2,287 22.0x
Strang Line, Johnson County, KS
$261,725 $1,736 13.0x
Holiday City South, Ocean County, NJ
$328,270 $2,163 13.0x
Shawnee Village, Johnson County, KS
$243,948 $1,711 12.0x
Summerlin North, Clark County, NV
$629,296 $2,240 23.0x
Wedgewood Place, Allen County, IN
$237,089 $1,462 13.0x
Smokey Ridge Estates, Franklin County, OH
$319,559 $2,051 13.0x
Still Water Place, Allen County, IN
$242,996 $1,466 14.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.
Salem

Map loads when visible.

Trend Insights

Median Rent in Salem, VA is $2,289, with MoM change +$17 and YoY change +$130 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Salem, VA
Compare market Select a market
Delta vs base
Median rent
$2,289
N/A
—
Median price
$397,697
N/A
—
YoY change
+$130
N/A
—
Price-to-rent
14.5x
Data unavailable
—
Frequently Asked Questions