The median home in Salem, Alabama is valued at $316,828, up 4.6% year over year. Salem is part of the Auburn-Opelika, AL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Auburn-Opelika, AL stress score, crash risk, and 12-month forecast →

Home Value$316,828

+4.6%

AFFORDABILITY

Enter your income for Salem.

Income (annual)

Down Payment

$63,366 on $316,828

Stretch — 30.6% of income

Above 28% but manageable with cuts.

PITI$1,910

P/I30.6%

Afford$290K

Gap-$27K

P&I $1,602Tax $108Ins $200

6.50% 30yr, 20% down, county tax + AL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Alabama

Compare Salem with other housing markets across Alabama.

Mountain Brook$985K Orange Beach$665K Equality$637K Jacksons Gap$591K Indian Springs Village$569K Vestavia Hills$539K Homewood$533K Dadeville$508K

Full Auburn-Opelika, AL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Auburn-Opelika, AL metro.

View Auburn-Opelika, AL metro →

SALEM, AL