The median home value in Salem, AL is $184,769. This is higher than the county median home value of $88,500. The national median home value is $308,980. The average price of homes sold in Salem, AL is $184,769. Approximately 70% of Salem homes are owned, compared to 16% rented, while 13% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Salem real estate agent to arrange a tour today! Learn more about Salem Real Estate.