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Single-Family Properties in Salem, UT

130 of 3,250 results

Find, analyze, and compare Salem, UT single-family investment properties, including off-market opportunities and single-family homes with value-add potential. Salem offers a diverse housing market of townhouses and single-family residences (SFRs) with opportunities for long-term rentals (LTRs). Single-family home housing market trends indicate that Salem could be a good market for investors, where undervalued properties could provide opportunities for passive rental income or long-term appreciation. Property Intel by Whitepages makes it easy to uncover off-market single-family properties in Salem, Utah, compare city and neighborhood benchmarks, and access owner contact information to help you find the best townhouses and single-family homes for your investment strategy.

In Salem, the median property value currently stands at $685,782, reflecting a 6.77% year-over-year increase based on recent sales. The housing market includes a total of 3,843 houses.The median home in Salem has 2,518 square feet of living space, priced at a median of $271 per square foot with a median year built of 2006. For long-term rental properties in Salem, the median annual gross rental income is $30,600 (or $2,550/month) with estimated operating expenses of $10,492, resulting in an approximate gross cap rate of 2.9%.

Property Intel by Whitepages helps investors and homeowners explore the Salem area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Salem, UT.

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UTSalem

Housing Market Trends & Statistics for Salem, Utah

Median Property Value
$685,782
Total number of Properties
3,843
Median Living Space
2,518 sq ft
Median Year Built
2006 (19 years)
5-Year Appreciation Forecast
—
Median Lot Size
13,761 sq ft
Average Ownership
7 months
for Salem, UT
  • Est. Rental Income
    $30,600 ($2,550 per month)
  • Net Operating Income
    $20,108 ($1,676 per month)
  • Cap Rate
    2.9%

Find Investment Properties in Salem

Nearby Cities

  1. Payson Investment Properties
  2. Spanish Fork Investment Properties
  3. Mapleton Investment Properties
  4. Springville Investment Properties
  5. Santaquin Investment Properties
  6. Provo Investment Properties
  7. Orem Investment Properties
  8. Vineyard Investment Properties
  9. Lindon Investment Properties
  10. Pleasant Grove Investment Properties

Nearby Neighborhoods

  1. Westfields South in Springville, UT
  2. Westfields North in Springville, UT
  3. Springville Historic Center in Springville, UT
  4. East Hobble Creek in Springville, UT
  5. East Central in Springville, UT
  6. Little Rock Canyon in Springville, UT
  7. Provost South in Provo, UT
  8. Joaquin in Provo, UT
  9. Foothills in Provo, UT
  10. North Park in Provo, UT

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