How much is land worth in Salem, Iowa?
The median price for land in Salem, Iowa is currently $30K per acre. For a typical parcel, the median sale price is $50K. Recently, the cheapest land sold for $50K while premium lots reached $50K.
Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Salem, Iowa is currently $30K per acre. For a typical parcel, the median sale price is $50K. Recently, the cheapest land sold for $50K while premium lots reached $50K.
The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Salem, Iowa typically sells within 2 days of listing. The median time on market is 2 days. Properties are moving quickly.
Over the past 12 months, Salem, Iowa saw 1 properties sold, totaling $50K in sales volume.
The top-performing broker in this market is Cottage Realty LLC.
The median land price in Salem, Iowa stands at $50K. This translates to roughly $30K per acre for the typical parcel size.
Land in Salem, Iowa averages $30K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 1.7 acres.
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.