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Foreclosure Homes in Salem, IA

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View this home at S Locust St Mt Pleasant IA 52641
Preforeclosure
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S Locust St
Mt Pleasant, IA 52641
Single-Family
|
3 |
1
|
1,640
AUCTION: 03-27-2024
Single-Family
|
3 |
1
|
1,640
View this home at N Main St Mt Pleasant IA 52641
Preforeclosure
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N Main St
Mt Pleasant, IA 52641
Single-Family
|
4 |
2
|
1,254
AUCTION: 04-24-2024
Single-Family
|
4 |
2
|
1,254
View this home at N White St Mount Pleasant IA 52641
Preforeclosure
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$136,817 EMV
N White St
Mount Pleasant, IA 52641
Single-Family
|
4 |
1
|
1,680
EST. RENT: $1,291
|
AUCTION: 04-24-2024
Single-Family
|
4 |
1
|
1,680
View this home at S Locust St Mount Pleasant IA 52641
Preforeclosure
VIEW DETAILS
$121,939 EMV
S Locust St
Mount Pleasant, IA 52641
Single-Family
|
3 |
1
|
1,640
EST. RENT: $1,390
|
AUCTION: 03-27-2024
Single-Family
|
3 |
1
|
1,640
Displaying 1 - 10 of 19
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Top Reasons To Live In Salem, IA In 2024

Salem is located in Henry, Iowa, with an estimated municipal population of 384 residents. All of the best foreclosed homes for sale in Salem are located in the following zip code areas on Foreclosure.com: 52649. The estimated population per square kilometer (.62 miles) in Salem is 242.


Cost Of Living In Salem, IA

So, about how much do homes cost in Salem? The most recent median value of resident-owned homes in Salem is 57,093. An estimated 76 percent of households in Salem own their homes, with an average family size of 3.11. The median household income in Salem is 40,625, with6.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Salem, the median commute time of resident workers (in minutes) is 18.9. And last, but certainly not least, are you looking for homes to rent in Salem? If so, the average rent price paid by renters in Salem is 645, according to recent statistics.


Diversity And Demographics In Salem, Iowa

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Salem, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Salem is 40, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Salem is 53.6, with an average family size of 3.11.

The percentage of residents who report their race in Salem is as follows:

White 97.2%
Black / African American 0%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0%

Looking for family-friendly neighborhoods in and/or near Salem? Or maybe you are searching for 55+ active adult communities in and/or near Salem?

The percentage of residents who report their age in Salem is as follows:

Under 10 15.4%
Aged 10-19 9.6%
20s 12.5%
30s 12.6%
40s 12.1%
50s 18.4%
60s 8.9%
70s 7.7%
80+ 2.8%

Best Schools In Salem, Iowa

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Salem with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Salem.


Pros And Cons Of Living In Salem, Iowa

How do you know that living in -- or moving to -- Salem is right where you need to be? Perhaps you grew up in Salem or already live nearby; therefore, the decision to buy a home in Salem is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Salem for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Salem:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Salem.


Reasons To Move To Salem, Iowa, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Salem can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Salem, meanwhile, can field multiple offers from more qualified buyers.

Salem, IA Foreclosures


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