Salem, NM Real Estate

According to census data in the year 2000 there were 204 housing units in Salem.

Of those housing units, none were located in either urbanized areas or urban clusters, and 204 were located in what is classified as a rural area.

Homeownership rate in Salem is about 84.2%. Salem's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 4.4 people.

The majority of houses, apartments or condos in Salem were built after 1981.


Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom22.50%
Two Bedrooms28.90%
Three Bedrooms37.30%
Four Bedrooms5.40%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size4.61
Median year structure was built1983
Median Value of occupied units$44,400

Rented Homes, Apartments and Condos

Average Household Size3.31
Median year structure was built1960
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage28.60%
Debt Free71.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs31.3%