What is the median home value in Salem Township (Knox County), IL?

Name: Home values in Salem Township (Knox County), IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Salem Township (Knox County), IL is $98,000 (±$12,704), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Salem Township (Knox County), the median home value went from $93,100 in 2015–2019 to $98,000 in 2020–2024 (+5.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $98,000 (±$12,704)
Owner-occupied homes: 257 (±56)
Most common range: $50,000 to $99,999

Home values in Salem Township (Knox County)

Owner-occupied homes by value, 2020–2024
Value	Salem Township (Knox County)	Knox County	Illinois	United States
Less than $50,000	7.8% (±4.9 points)	11.9%	5.4%	5.3%
$50,000 to $99,999	45.9% (±14.1 points)	32.0%	8.3%	6.1%
$100,000 to $149,999	19.1% (±6.9 points)	20.6%	9.7%	6.8%
$150,000 to $199,999	14.4% (±6.7 points)	16.6%	11.8%	9.0%
$200,000 to $299,999	7.8% (±6.6 points)	9.7%	22.3%	17.8%
$300,000 to $499,999	3.1% (±4.1 points)	6.7%	27.7%	26.9%
$500,000 to $999,999	1.9% (±2.8 points)	1.5%	12.1%	20.9%
$1,000,000 or more	0.0% (±13.5 points)	0.9%	2.7%	7.1%

The most common range is $50,000 to $99,999, 45.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Salem Township (Knox County) against Knox County, its state and the nation

Estimate (90% margin of error)
	Salem Township (Knox County)	Knox County	Illinois	United States
Median home value	$98,000 (±$12,704)	$111,900 (±$4,687)	$263,300 (±$797)	$332,700
Owner-occupied homes	257 (±56)	14,852 (±496)	3,378,910 (±14,728)	84,210,142

In Salem Township (Knox County), the median home value is lower than in Knox County ($111,900).

It is also lower than in Illinois ($263,300).

It is lower than the national figure ($332,700).

In Knox County, Salem Township (Knox County) ranks 23 of 32 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 2007 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Salem Township (Knox County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$93,100 (±$15,442)	$98,000 (±$12,704)	+5.3%	No measurable change after inflation
Median owner cost with a mortgage	$1,068 (±$107)	$1,042 (±$252)	−2.4%	No measurable change after inflation
Median real estate taxes	$2,204 (±$427)	$2,439 (±$326)	+10.7%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Salem Township (Knox County)

Nearest places with a published estimate, compared with Salem Township (Knox County)
Place	Distance	Median home value	Compared with this place
Salem Township (Knox County)	—	$98,000 (±$12,704)	—
Yates City	3.1 mi	$97,100 (±$5,374)	Not measurably different
Farmington	4.5 mi	$101,300 (±$10,282)	Not measurably different
Elmwood	5.3 mi	$153,500 (±$16,860)	Higher
Farmington Township	5.6 mi	$120,900 (±$22,156)	Not measurably different
Elba Township	6.5 mi	$225,000 (±$191,326)	Not measurably different
Maquon	6.6 mi	$72,500 (±$15,657)	Lower
Maquon Township	6.9 mi	$83,800 (±$10,872)	Not measurably different
Fairview Township	7.0 mi	$112,800 (±$20,717)	Not measurably different

Nearby places with a measurably lower figure: Maquon, IL ($72,500).

Nearby places with a measurably higher figure: Elmwood, IL ($153,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Knox County, place by place

Rank	Place	Median home value
17	Henderson	$111,100 (±$38,385)
18	Williamsfield	$109,800 (±$20,939)
19	Sparta Township	$108,100 (±$13,694)
20	Victoria Township	$105,600 (±$21,294)
21	Altona	$102,000 (±$19,037)
22	Abingdon	$99,600 (±$21,287)
23	Salem Township (Knox County)	$98,000 (±$12,704)
24	Wataga	$97,600 (±$8,326)
25	Yates City	$97,100 (±$5,374)
26 (tie)	Galesburg	$96,400 (±$4,983)
26 (tie)	Galesburg City Township	$96,400 (±$4,983)
28	Victoria	$85,000 (±$25,637)
29	Maquon Township	$83,800 (±$10,872)

Showing 13 of 32 places in Knox County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Salem Township (Knox County)

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Salem Township (Knox County) beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Salem Township (Knox County), save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Salem Township (Knox County), and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Salem Township (Knox County)

What is the average home value in Salem Township (Knox County), IL?

The Census Bureau publishes the median: $98,000 (±$12,704) for owner-occupied homes in Salem Township (Knox County) (2020–2024 American Community Survey).

Have home values in Salem Township (Knox County) gone up?

In Salem Township (Knox County), the median home value went from $93,100 in 2015–2019 to $98,000 in 2020–2024 (+5.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Salem Township (Knox County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Salem township, Knox County, Illinois (county subdivision:67223, in state:17 county:095).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.