Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 2 | 3 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 3 | 8 |
Acreage buckets
The median price for land in Salem, New York is currently $4K per acre. For a typical parcel, the median sale price is $61K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $32K while premium lots reached $118K.
Salem, New York is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 68.8% year-over-year.
Salem, New York currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 2 active listings in Salem, New York. 2 new listings have hit the market in the last 90 days. The median asking price is $116K.
The median land price in Salem, New York stands at $61K. This translates to roughly $4K per acre for the typical parcel size. The average price is $74K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Salem, New York is 16.7% (3-month basis), indicating strong demand. With depreciating values (-68.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Preble Realty LLC.
Land in Salem, New York averages $5K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 11.4 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.
