Salem, SD
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
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    $

    Operating Costs & Financing

    Salem property taxes are above the county average by 0.07 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $31.54 per sq ft
    Tax Rate (average for all types) 1.67%
    Tax Rate vs County Average 0.07 pp above county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Salem.

    Leading Commercial Asset Segments

    Retail properties & Spaces 3
    Individual retail properties 2
    Restaurants 2
    Storefront properties 2
    Bars & Pubs 1

    Salem Demographics Overview

    Population 1,792
    Population Growth (5Y) -12.5%
    Median Household Income $79,119
    College Educated 34.8%

    Top Neighborhoods for Investment

    Discover the areas of Salem with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    57058 $250K - 1M $625.5K

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