Residential

Salem, SD Residential Land & Home Lots for Sale

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Humboldt, SD Canistota, SD Madison, SD Wentworth, SD Colton, SD Hartford, SD
Land
Updated: Jun 15
Land

207 Colonial Dr, Salem, SD 57058

$59,000
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Land
Updated: Jun 15
Land

208 Colonial Dr, Salem, SD 57058

$51,500
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

LAND - Humboldt, SD
LAND - Humboldt, SD

TBD 453rd Ave, Humboldt, SD 57035

$178,000
5.36 AC lot

Land · 5.36 Acres

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LAND - Madison, SD
LAND - Madison, SD

Cottonwood CV, Madison, SD 57042

$99,000
1.35 AC lot

Land · 1.35 Acres

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Residential Lot in Humboldt, SD
Residential Lot in Humboldt, SD

TBD Ave, Humboldt, SD 57497

$40,000
0.25 AC lot

Residential lot in a tranquil small town near Sioux Falls.

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LAND - Madison, SD
LAND - Madison, SD

2140 Harvest Creek Ln lot: 8, Madison, SD 57042

$79,900
1.18 AC lot

Land · 1.18 Acres

View details

Salem, SD Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Salem, SD on our real estate platform.

Sale prices for home sites in Salem, SD start at $51,500, averaging $55,250, and reaching up to $59,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Industrial land 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57058 $55.3K

Taxes & Financing

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

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