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ZIP 62881 in Salem, IL: housing market trends

The median home sale price in ZIP 62881 in Salem, IL was $179,947 for the three-month period ending September 2026. Sale prices were 18.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$179,947
three-month period ending September 2026
Median sale price per sq ft
$99.41
three-month period ending September 2026
Active listings
56
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 56 active listings for the three-month period ending September 2026. Active listings were 30.9% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 50 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 62881 in Salem, IL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$179,947$99.4131
Single-familySeptember 2026$179,955$99.4131
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 62881 in Salem, IL
MarketMedian sale priceReporting period / source
Salem, IL$179,8143 months ending September 2026 · Redfin
Alma, IL$35,0003 months ending December 2025 · Redfin
Odin, IL$119,9433 months ending September 2026 · Redfin
Iuka, IL$37,9823 months ending September 2026 · Redfin
Kinmundy, IL$39,9813 months ending September 2026 · Redfin
Kell, IL$90,0003 months ending October 2025 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 62881 in Salem, IL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$179,947$99.4156
August 2026$176,000$99.4363
July 2026$179,900$97.8567
June 2026$143,250$95.4759
May 2026$131,000$92.4555
April 2026$138,990$98.6348
March 2026$153,000$109.7952
February 2026$132,500$104.0252
January 2026$143,000$106.5967
December 2025$149,250$94.9071
November 2025$148,500$99.8777
October 2025$148,500$95.0086
September 2025$152,500$99.7581
August 2025$175,000$109.6975
July 2025$174,950$108.1576
June 2025$171,950$103.9771
May 2025$153,000$98.6674
April 2025$140,000$99.6365
March 2025$135,000$100.8666
February 2025$140,000$102.0857
January 2025$140,000$96.8253
December 2024$164,400$104.0359
November 2024$146,400$99.2561
October 2024$135,000$97.6363

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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