Is Salem, PA a good place to invest in rental property?

Salem, PA has a median modeled monthly cash flow of $-951 and a median cap rate of 2.7%, on a median sold price of $260,350. Prices changed +15.3% year over year.

What is the average cap rate in Salem, PA?

The median cap rate across recently sold homes in Salem, PA is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Salem, PA?

The median sold price in Salem, PA is $260,350 (about $177 per square foot).

Investing in Salem, PA Real Estate

A data-driven snapshot of the Salem, PA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$260,350Median sold price

$177Median $/sqft

2.7%Median cap rate

$-951Modeled cash flow / mo

+15.3%Appreciation YoY

29.7Months of supply

198Active listings

80Sold (last 12 mo)

What the Salem numbers say

In Salem, PA, the median home sold for $260,350 (about $177 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-951 of monthly cash flow. Sold prices moved +15.3% over the past year. Inventory sits at about 29.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Pennsylvania markets to compare

See Salem cash-flowing listings

CashFlowRE ranks every for-sale home in Salem, PA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Salem deals, or browse the national market data.