Call or Text (240) SELL-123

SALEM, WI 53168

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SALEM, WI real estate market (53168) currently shows 21 active listings, with 6 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 62 days on market compared to 59 days last year.

The median listing price has risen 5.3% year-over-year, from $406,000 to $427,400.

Whether you are buying or selling in SALEM, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SALEM, WI 53168 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 9,337  ·  Density: 110.8/mi²  ·  Median household income: $96,422

Typical home value: $265,082  ·  Homeownership: 82.1%

Market Overview

Active Listings
21
⇩ 8.7% vs 23 last year
Pending
6
29% pending ratio
Median Price
$427,400
⇧ 5.3% vs $406,000 last year
Average Price
$465,572
⇩ 27.8% vs $645,261 last year
Days on Market
62
⇧ 5.1% vs 59 days last year

Price Per Square Foot

Median $/sqft
$199
⇩ 15.7% vs $236/sqft last year
Median Home Size
2,169 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 23 last year
  • Days on market: 62 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $427,400 (+5.3% YoY)
  • Average: $465,572 (-27.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.5 miles — 306 listings ($128,462,709 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53168Salem, WI 531680.0 mi25$11,448,300$474,900$457,932
53179Trevor, WI 531794.5 mi8$2,857,600$312,450$357,200
53192Wilmot, WI 531925.4 mi1$515,000$515,000$515,000
53139Kansasville, WI 531397.6 mi4$2,258,320$500,000$564,580
53182Union Grove, WI 531829.4 mi24$12,539,712$586,908$522,488
60081Spring Grove, IL 6008110.0 mi31$20,107,747$548,700$648,637
53144Kenosha, WI 5314410.9 mi24$13,011,720$425,645$542,155
60046Lake Villa, IL 6004611.8 mi55$27,236,055$395,950$495,201
60020Fox Lake, IL 6002012.8 mi55$14,404,335$219,000$261,897
53177Sturtevant, WI 5317713.0 mi9$4,839,300$399,999$537,700
60041Ingleside, IL 6004114.5 mi18$5,763,348$297,450$320,186
53143Kenosha, WI 5314315.3 mi28$6,999,664$252,450$249,988
53140Kenosha, WI 5314015.5 mi24$6,481,608$242,450$270,067

Frequently Asked Questions

How many homes are for sale in SALEM, WI 53168?

As of February 2026, there are 21 active listings in SALEM, WI (zip code 53168), compared to 23 the prior year.

What is the median home price in SALEM, WI 53168?

The median listing price in SALEM, WI 53168 is $427,400 as of February 2026, a 5.3% increase from $406,000 the prior year.

How long do homes stay on the market in SALEM, WI?

Homes in SALEM, WI 53168 spend an average of 62 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in SALEM, WI 53168?

Based on current inventory and days-on-market data as of February 2026, SALEM, WI 53168 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 59 days last year.

How much can I save on real estate commission in SALEM, WI?

With SELL123.com's maximum 3% commission, sellers in SALEM, WI 53168 save an estimated $8,548 compared to a typical 5% commission on the median listing price of $427,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.