The median home in Salem, South Dakota is valued at $233,239, up 3.3% year over year. Salem is part of the Sioux Falls, SD metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Sioux Falls, SD stress score, crash risk, and 12-month forecast →

Home Value$233,239

+3.3%

AFFORDABILITY

Enter your income for Salem.

Income (annual)

Down Payment

$46,648 on $233,239

Affordable — 25.9% of income

Under the 28% guideline.

PITI$1,617

P/I25.9%

Afford$252K

Room+$19K

P&I $1,179Tax $255Ins $183

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

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

Other cities in South Dakota

Compare Salem with other housing markets across South Dakota.

Keystone$615K South Shore$546K Hermosa$513K Florence$493K Henry$492K Wentworth$476K Renner$462K Custer$460K

Full Sioux Falls, SD analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Sioux Falls, SD metro.

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SALEM, SD