Salem, AR

Full City Profile · Arkansas · Fulton County County

2.4 /5.0
C Fair
1,471 Population 1,132/sq mi density
$35,679 Median Income $20,245 per capita
$88,200 Home Value $241,791 Zillow
$619 Median Rent 27.7% income on rent
58°F Avg Temperature
308 Violent Crime/100K 1,356 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$35,679 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$88,200 home value, $619/mo rent
F
Safety
1.0 / 5.0
308 violent crimes/100K
D
Education
1.7 / 5.0
8.3% bachelor's degree or higher

Housing Overview

Median Home Value
$88,200
69% below
US avg: $281,900
Median Rent
$619/mo
47% below
US avg: $1,163/mo
Homeownership Rate
54.8%
16% below US avg (65.4%)
Total Housing Units
702
Median year built: 1973

Home Value by Source

Census Median
$88,200
Zillow (ZHVI)
$241,791
Redfin Median Sale
$215,000
Median Sale Price
$215,000
Median List Price
$209,400
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.8%
Owner-Occupied
45.2%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $619/mo

Market Indicators (Redfin)

Median Sale Price
$215,000
Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$148
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
54.8%

Complete Housing Data

Home Values

Census Median Value$88,200
Zillow Home Value (ZHVI)$241,791
Redfin Median Sale$215,000
Median Sale Price$215,000
Median List Price$209,400
Price Per Sq Ft$148

Rent

Census Median Rent$619
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market46
Sale-to-List Ratio1.0%
Price Drops10.0%
Homes Sold1
Active Inventory10
Price Per Sq Ft$148

Ownership & Stock

Owner-Occupied54.8%
Renter-Occupied45.2%
Homeownership Rate54.8%
Total Housing Units702
Median Year Built1973
Rent Burden27.7%