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Salem, SD
Full City Profile · South Dakota · McCook County County
3.3
/5.0
B
Good
1,201
Population
961/sq mi density
$71,655
Median Income
$35,763 per capita
$163,500
Home Value
$240,379 Zillow
$880
Median Rent
26.3% income on rent
44°F
Avg Temperature
291 sunny days/yr
80
Violent Crime/100K
319 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,655 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$163,500 home value, $880/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
C+
Education
3.0 / 5.0
24.8% bachelor's degree or higher
Housing Overview
Median Home Value
$163,500
42% below
US avg: $281,900
Median Rent
$880/mo
24% below
US avg: $1,163/mo
Homeownership Rate
70.2%
7% above US avg (65.4%)
Total Housing Units
568
Median year built: 1970
Home Value by Source
Census Median
$163,500
Zillow (ZHVI)
$240,379
Median Sale Price
$222,000
Median List Price
$355,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.2%
Owner-Occupied
29.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$880/mo
Market Indicators (Redfin)
Median Days on Market
13 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$179
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
70.2%
Complete Housing Data
Home Values
| Census Median Value | $163,500 |
| Zillow Home Value (ZHVI) | $240,379 |
| Median Sale Price | $222,000 |
| Median List Price | $355,000 |
| Price Per Sq Ft | $179 |
Rent
| Census Median Rent | $880 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
| Days on Market | 13 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 40.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $179 |
Ownership & Stock
| Owner-Occupied | 70.2% |
| Renter-Occupied | 29.8% |
| Homeownership Rate | 70.2% |
| Total Housing Units | 568 |
| Median Year Built | 1970 |
| Rent Burden | 26.3% |