Residential

Salem, VA Residential Land & Home Lots for Sale

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Found 13 residential land & home lot listings for sale in Salem, VA, averaging $37,959/acre. Use valuation data to compare deals faster.
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Land, Salem, VA
Updated: Aug 10
Land, Salem, VA

Edgebrook Rd, Salem, VA 24153

$275,000
2.22 AC lot
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Land, Salem, VA
Updated: Oct 23
Land, Salem, VA

800 Craig Ave, Salem, VA 24153

$149,950
4.00 AC lot
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Mountain View Residential Development Land
Mountain View Residential Development Land

2160 Zana Drive, Salem, VA 24153

$75,000
4.34 AC lot

Zoned Ag land outside Salem with approximately 230 feet of road frontage and Blue Ridge Mountain views.

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Residential Land with Mountain Views
Residential Land with Mountain Views

2160 Zana Rd, Salem, VA 24153

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4.34 AC lot

4.336-acre residential land parcel with approximately 230 feet of road frontage and unobstructed Blue Ridge Mountain views.

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Land, Salem, VA
Land, Salem, VA

Allie Ln, Salem, VA 24153

$179,000
17.07 AC lot

Land · 17.07 Acres

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Ready-to-Build Vacant Lot
Ready-to-Build Vacant Lot

2471 Om Ln, Salem, VA 24153

$225,000
0.52 AC lot

Vacant lot in River Oaks area, ideal for custom home.

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Land, Salem, VA
Land, Salem, VA

OM Ln lot: 6, Salem, VA 24153

$180,000
0.41 AC lot

Land · 0.41 Acres

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Land
Land

223 Craig Ave, Salem, VA 24153

$385,000

Residential land & home lots

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Land
Land

00 Creekside Dr, Salem, VA 24153

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Residential land & home lots

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Residential Homesite with Road Frontage
Residential Homesite with Road Frontage

4828 Cherokee Hills Dr, Salem, VA 24153

$59,000

Over half an acre homesite with approximately 130 feet of road frontage and available water and sewer utilities.

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Land
Land

000 Cherokee Hills Dr, Salem, VA 24153

$45,000

Residential land & home lots

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Land
Land

411 Parkwood Ave, Salem, VA 24153

$95,900

Residential land & home lots

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Land
Land

3144 Isabel Ln, Salem, VA 24153

$95,900

Residential land & home lots

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13 active listings match your search: Residential Lot for sale in Salem, VA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Residential Lot in Roanoke, VA
Residential Lot in Roanoke, VA

Plain View Ave, Roanoke, VA 24019

$38,000
0.77 AC lot

0.77-acre lot in established neighborhood, Glenvar school district.

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Land
Land

4837 Wade Rd, Roanoke, VA 24018

$49,950

Residential land & home lots

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Land
Land

7138 Fairway Ridge Rd, Roanoke, VA 24018

$769,000

Residential land & home lots

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Land
Land

4318 Belford St Sw, Roanoke, VA 24018

$89,950

Residential land & home lots

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

Explore 13 residential land & home lots for sale in Salem, VA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 1,432,776 square feet of properties for sale, with an estimated market value of $1,764,750.

Sale prices for home sites in Salem, VA start at $45,000, averaging $160,431, and reaching up to $385,000 — 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

Commercial land 12
Residential land & home lots 9
Industrial land 4

Demographics Overview

Population 38K
Population Growth (5Y) +0.3%
Median Household Income $72,691
College Educated 42.5%

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
24153 $142.7K

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $16.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salem city

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 1 to 5 acres range.

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