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Salem, MO Housing

 
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As of 2010-2014, median price of a house in Salem is $81,500, which is much lower than the state average of $136,700 and is much lower than the national average of $175,700. The Salem median house value has grown by 46.58% since 2000. The growth rate for the price of a house in Salem is lower than the state average rate of 52.06% and is about the same as the national average rate of 46.91%. The median year that a house in Salem was built is 1965, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,078 Owner Occupied Houses in Salem, MO, #447
Salem, MO
81,500 USD
Missouri
136,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #402
Salem, MO
46.58%
Missouri
52.06%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Salem, MOMissouriU.S.
Total Housing Units2,362, see rank, 100%2,723,417132,741,033
Occupied Housing Units1,982, 83.91%, see rank86.70%87.55%
Owner Occupied1,078, 45.64%, see rank58.91%56.34%
Renter Occupied904, 38.27%, see rank27.79%31.21%
Vacant Housing Units380, 16.09%, see rank13.30%12.45%
For Rent169, 7.15%, see rank2.21%2.34%
For Sale Only23, 0.97%, see rank1.40%1.20%
Rented or Sold, Not Occupied28, 1.19%, see rank0.81%0.92%
For Seasonal, Recreational, or Occasional Use95, 4.02%, see rank3.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant65, 2.75%, see rank5.57%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #566
Salem, MOMissouriU.S.
196519751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Salem, MO%MissouriU.S.
Owner-Occupied Units1,078100%1,604,28274,787,460
With a Mortgage60355.94%, see rank64.36%65.58%
Without a Mortgage47544.06%, see rank35.64%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Salem, MO
821 USD
Missouri
1,225 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSalem, MO%MissouriU.S.
$299 or Less00.00%, see rank0.20%0.20%
$300 to $499376.14%, see rank2.53%1.59%
$500 to $69918230.18%, see rank8.18%5.01%
$700 to $99921535.66%, see rank21.54%14.32%
$1,000 to $1,49916327.03%, see rank35.22%27.90%
$1,500 to $1,99900.00%, see rank18.15%20.35%
$2,000 to $2,99961.00%, see rank10.68%19.52%
$3,000 or More00.00%, see rank3.49%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem, MO
24.00% of the Total Income
Missouri
21.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Salem, MO%MissouriU.S.
10% or Less6310.45%, see rank6.69%5.86%
10% to 20%10216.92%, see rank37.92%31.95%
20% to 30%23238.47%, see rank27.37%27.64%
30% to 40%8113.43%, see rank12.01%13.74%
40% or More12520.73%, see rank15.59%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Salem, MO
315 USD
Missouri
398 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSalem, MO%MissouriU.S.
$199 or Less296.11%, see rank8.43%7.76%
$200 to $29917937.68%, see rank17.97%14.70%
$300 to $49921745.68%, see rank44.24%34.63%
$500 to $699142.95%, see rank19.97%21.16%
$700 or More367.58%, see rank9.39%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem, MO
13.30% of the Total Income
Missouri
11.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Salem, MO%MissouriU.S.
10% or Less14330.11%, see rank41.98%40.19%
10% to 20%22948.21%, see rank32.68%31.47%
20% to 30%408.42%, see rank11.69%12.24%
30% to 40%173.58%, see rank5.08%5.64%
40% or More234.84%, see rank7.45%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Salem, MOMissouriU.S.
Total Housing Units2,362, 100%2,723,417132,741,033
1-unit, Detached1,814, 76.80%, see rank70.21%61.65%
1-unit, Attached41, 1.74%, see rank3.41%5.82%
2 Units151, 6.39%, see rank3.46%3.75%
3 or 4 Units167, 7.07%, see rank4.58%4.43%
5 to 9 Units10, 0.42%, see rank3.83%4.78%
10 or More Units25, 1.06%, see rank7.92%13.08%
Mobile Home, Boat, RV, Van, etc.154, 6.52%, see rank6.59%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Salem, MOMissouriU.S.
Total Housing Units2,362, 100%2,723,417132,741,033
1 Room7, 0.30%, see rank1.38%1.95%
2 Rooms33, 1.40%, see rank1.72%2.48%
3 Rooms250, 10.58%, see rank7.15%9.13%
4 Rooms643, 27.22%, see rank15.92%16.60%
5 Rooms533, 22.57%, see rank22.29%20.41%
6 Rooms432, 18.29%, see rank18.72%18.06%
7 Rooms265, 11.22%, see rank12.63%12.27%
8 Rooms80, 3.39%, see rank8.92%8.48%
9 Rooms or More119, 5.04%, see rank11.27%10.60%
Median Rooms5.00, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Salem, MOMissouriU.S.
Total Housing Units2,362, 100%2,723,417132,741,033
No Bedroom7, 0.30%, see rank1.52%2.17%
1 Bedroom364, 15.41%, see rank9.59%11.16%
2 Bedrooms898, 38.02%, see rank27.72%26.69%
3 Bedrooms918, 38.87%, see rank42.00%39.70%
4 Bedrooms161, 6.82%, see rank15.22%16.05%
5 or More Bedrooms14, 0.59%, see rank3.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Salem, MOMissouriU.S.
Total Housing Units1,982, 100%2,361,232116,211,092
Utility Gas584, 29.47%, see rank51.95%48.85%
Bottled, Tank, or LP Gas489, 24.67%, see rank9.41%4.86%
Electricity748, 37.74%, see rank33.77%36.68%
Fuel Oil, Kerosene, etc.50, 2.52%, see rank0.24%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood65, 3.28%, see rank4.03%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel29, 1.46%, see rank0.34%0.47%
No Fuel Used17, 0.86%, see rank0.23%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSalem, MOMissouriU.S.
Occupied Units Paying Rent868, 100%707,22239,201,928
$199 or Less15, 1.73%, see rank1.46%1.50%
$200 to $299116, 13.36%, see rank4.15%3.18%
$300 to $499342, 39.40%, see rank12.55%7.37%
$500 to $699284, 32.72%, see rank25.75%16.01%
$700 to $99987, 10.02%, see rank34.37%29.17%
$1,000 to $1,49924, 2.76%, see rank17.38%26.88%
$1,500 to $1,9990, 0.00%, see rank2.90%9.79%
$2,000 or More0, 0.00%, see rank1.44%6.10%
Median$479, see rank$740$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Salem, MOMissouriU.S.
Occupied Housing Units1,982, 100%2,361,232116,211,092
No Vehicles Available228, 11.50%, see rank7.36%9.12%
1 Vehicles Available911, 45.96%, see rank33.45%33.80%
2 Vehicles Available678, 34.21%, see rank38.38%37.48%
3 or More Vehicles Available165, 8.32%, see rank20.81%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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