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Salem, South Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
80
Sold (12M)
108
Median Price
$110K
Market Condition
Strong Buyer's Market

Salem, South Carolina Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$110K
Avg Price/Acre
$66K
Avg Days on Market
173
Months of Supply
14.1
YoY Price Change
-53.8%
New Listings (3M)
15

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres23833
1-2 acres361636
2-5 acres151221
5-10 acres--27
10-20 acres-235
20-50 acres1115
50-100 acres----
100+ acres---1
TOTAL71742108
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres33 sold / 21 listed
1-2 acres36 sold / 30 listed
2-5 acres21 sold / 17 listed
5-10 acres7 sold / 6 listed
10-20 acres5 sold / 3 listed
20-50 acres5 sold / 1 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$2.5M$5.0M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$31.1M
Last 12 months
Active Listings
80
Current inventory
Avg Days on Market
173
Time to sell
Price Trend (YoY)
-53.8%
Year over year

Salem, South Carolina Land Market Analysis

How much is land worth in Salem, South Carolina?

The median price for land in Salem, South Carolina is currently $66K per acre. For a typical parcel, the median sale price is $110K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $598K.

Is now a good time to buy land in Salem, South Carolina?

Salem, South Carolina is currently a strong buyer's market with 14.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 53.8% year-over-year.

What is the months of supply for land in Salem, South Carolina?

Salem, South Carolina currently has 14.1 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

How long does it take to sell land in Salem, South Carolina?

Land in Salem, South Carolina typically sells within 173 days of listing. The median time on market is 106 days. Properties are moving slowly in the current strong buyer's market.

What is the median land price in Salem, South Carolina?

The median land price in Salem, South Carolina stands at $110K. This translates to roughly $66K per acre for the typical parcel size. The average price is $288K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Salem, South Carolina?

Land in Salem, South Carolina averages $191K per acre. The median price per acre is $66K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.

Is now a good time to invest in land in Salem, South Carolina?

The current absorption rate in Salem, South Carolina is 7.1% (3-month basis), indicating slow demand. With depreciating values (-53.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Cliffs Realty Sales SC, LLC (19041).

Data Sources & Accuracy

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.

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