Comprehensive market data and analysis• Updated Oct 2026
13.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 3 |
| 1-2 acres | - | 2 | 5 | 6 |
| 2-5 acres | - | - | 2 | 5 |
| 5-10 acres | - | 1 | 2 | 4 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 2 | 5 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 0 | 3 | 13 | 26 |
Acreage buckets
The median price for land in Salem, Alabama is currently $14K per acre. For a typical parcel, the median sale price is $71K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $26K while premium lots reached $342K.
Salem, Alabama is currently a strong buyer's market with 13.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Salem, Alabama currently has 13.0 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 7.7% (3-month basis), indicating slow demand. The top-performing broker in this market is FATHOM REALTY AL LLC.
Land in Salem, Alabama averages $32K per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 3.8 acres.
Land in Salem, Alabama typically sells within 69 days of listing. The median time on market is 32 days. Properties are moving at a moderate pace in the current strong buyer's market.
There are currently 13 active listings in Salem, Alabama. 5 new listings have hit the market in the last 90 days. The median asking price is $63K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Salem on LandyDandy.
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