Comprehensive market data and analysis• Updated Dec 2025
14.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 3 |
| 1-2 acres | 1 | 1 | 2 | 7 |
| 2-5 acres | - | - | - | 3 |
| 5-10 acres | - | 1 | 1 | 5 |
| 10-20 acres | - | 1 | 1 | 4 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 5 | 22 |
Acreage buckets
The median price for land in Salem, Alabama is currently $12K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $191K.
Salem, Alabama is currently a strong buyer's market with 14.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 85.8% year-over-year.
Salem, Alabama currently has 14.2 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Salem, Alabama is 7.0% (3-month basis), indicating slow demand. With depreciating values (-85.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Wilson Realty Company.
Land in Salem, Alabama averages $84K per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.
Land in Salem, Alabama typically sells within 54 days of listing. The median time on market is 25 days. Properties are moving quickly in the current strong buyer's market.
There are currently 19 active listings in Salem, Alabama. 13 new listings have hit the market in the last 90 days. The median asking price is $75K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.