What is the median home value in North Salem, IN?
The median value of owner-occupied homes in North Salem, IN is $186,500 (±$40,162), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In North Salem, the median home value went from $114,900 in 2015–2019 to $186,500 in 2020–2024 (+62.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $186,500 (±$40,162)
- Owner-occupied homes
- 218 (±75)
- Most common range
- $150,000 to $199,999
Home values in North Salem
| Value | North Salem | Hendricks County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.8% (±2.0 points) | 2.4% | 6.0% | 5.3% |
| $50,000 to $99,999 | 6.0% (±4.3 points) | 1.0% | 10.1% | 6.1% |
| $100,000 to $149,999 | 9.2% (±7.7 points) | 3.7% | 12.7% | 6.8% |
| $150,000 to $199,999 | 39.0% (±17.2 points) | 10.0% | 15.8% | 9.0% |
| $200,000 to $299,999 | 14.2% (±12.7 points) | 30.9% | 25.1% | 17.8% |
| $300,000 to $499,999 | 28.9% (±21.2 points) | 41.6% | 21.8% | 26.9% |
| $500,000 to $999,999 | 0.9% (±2.4 points) | 9.7% | 7.3% | 20.9% |
| $1,000,000 or more | 0.0% (±15.7 points) | 0.8% | 1.2% | 7.1% |
The most common range is $150,000 to $199,999, 39.0% 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.
North Salem against Hendricks County, its state and the nation
| North Salem | Hendricks County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $186,500 (±$40,162) | $307,600 (±$6,334) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 218 (±75) | 52,502 (±975) | 1,916,243 (±9,865) | 84,210,142 |
In North Salem, the median home value is lower than in Hendricks County ($307,600).
It is not measurably different from Indiana ($218,200).
It is lower than the national figure ($332,700).
In Hendricks County, North Salem ranks 21 of 23 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 712 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in North Salem have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $114,900 (±$17,435) | $186,500 (±$40,162) | +62.3% | Up after inflation |
| Median owner cost with a mortgage | $971 (±$173) | $1,506 (±$307) | +55.1% | No measurable change after inflation |
| Median real estate taxes | $1,087 (±$327) | $1,423 (±$243) | +30.9% | 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 North Salem
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| North Salem | — | $186,500 (±$40,162) | — |
| Eel River Township (Hendricks County) | 1.1 mi | $323,000 (±$91,808) | Higher |
| Jamestown | 4.9 mi | $176,300 (±$28,270) | Not measurably different |
| Union Township (Hendricks County) | 5.5 mi | $247,800 (±$44,555) | Higher |
| Lizton | 5.6 mi | $191,800 (±$8,336) | Not measurably different |
| Jackson Township (Putnam County) | 5.9 mi | $176,900 (±$75,859) | Not measurably different |
| Marion Township (Hendricks County) | 6.3 mi | $314,600 (±$66,757) | Higher |
| Clark Township (Montgomery County) | 6.7 mi | $165,800 (±$33,974) | Not measurably different |
| Jackson Township (Boone County) | 7.0 mi | $207,200 (±$35,955) | Not measurably different |
Nearby places with a measurably higher figure: Eel River Township (Hendricks County), IN ($323,000), Union Township (Hendricks County), IN ($247,800), Marion Township (Hendricks County), IN ($314,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Hendricks County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 15 | Union Township (Hendricks County) | $247,800 (±$44,555) |
| 16 | Franklin Township (Hendricks County) | $247,400 (±$60,262) |
| 17 | Clay Township (Hendricks County) | $229,900 (±$36,375) |
| 18 | Clayton | $229,300 (±$18,570) |
| 19 | Stilesville | $193,300 (±$40,553) |
| 20 | Lizton | $191,800 (±$8,336) |
| 21 | North Salem | $186,500 (±$40,162) |
| 22 | Coatesville | $180,400 (±$49,531) |
| 23 | Amo | $168,100 (±$49,519) |
Showing 9 of 23 places in Hendricks 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 North Salem
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 North Salem beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near North Salem, 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 North Salem, and send estimates and invoices from your phone.
Questions about North Salem
What is the average home value in North Salem, IN?
The Census Bureau publishes the median: $186,500 (±$40,162) for owner-occupied homes in North Salem (2020–2024 American Community Survey).
Have home values in North Salem gone up?
In North Salem, the median home value went from $114,900 in 2015–2019 to $186,500 in 2020–2024 (+62.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in North Salem 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Salem town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Salem town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — North Salem town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — North Salem town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 North Salem town, Indiana (place:55080, in state:18).
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.
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.
Figures last updated on .
Related
- Housing in North Salem at a glance
- Income and affordability in North Salem
- Homeowner costs in North Salem
- Property taxes in North Salem
- Types of homes in North Salem
- Age of homes in North Salem
- Heating fuel in North Salem
- Commute and cars in North Salem
- Indiana landlord and tenant rules
- Housing across Hendricks County
- Indiana places ranked by median home value
- Housing data for every place in Indiana