The median home in Salem, Wisconsin is valued at $349,022, up 4.3% year over year. Salem is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$349,022

+4.3%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$69,804 on $349,022

Example: $75,000 household income. Change it above to see your own.

Out of reach38.4% of income

Need $102,986/yr to afford.

PITI$2,403

P/I38.4%

Afford$254K

Gap-$95K

P&I $1,765Tax $538Ins $100

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

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

Other cities in Wisconsin

Compare Salem with other housing markets across Wisconsin.

Oconomowoc Lake$1.99M Shorewood Hills$1.13M Maple Bluff$967K River Hills$895K Linn$733K Summit$730K Delafield$722K Nashotah$691K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

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Salem, WI