The median home in Salem, Iowa is valued at $199,195, up 2.4% year over year. Salem is part of the Fort Madison-Keokuk, IA-IL-MO metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Fort Madison-Keokuk, IA-IL-MO stress score, crash risk, and 12-month forecast →

Home Value$199,195

+2.4%

AFFORDABILITY

Enter your income for Salem.

Income (annual)

Down Payment

$39,839 on $199,195

Affordable — 22.7% of income

Under the 28% guideline.

PITI$1,418

P/I22.7%

Afford$246K

Room+$47K

P&I $1,007Tax $261Ins $150

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

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

Other cities in Iowa

Compare Salem with other housing markets across Iowa.

West Okoboji$794K Orleans$629K Wahpeton$550K Shueyville$525K Cumming$508K Panora$474K Honey Creek$441K Ackworth$437K

Full Fort Madison-Keokuk, IA-IL-MO analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Fort Madison-Keokuk, IA-IL-MO metro.

View Fort Madison-Keokuk, IA-IL-MO metro →

SALEM, IA