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Residential (General/Single)Residential
$80,623
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 81How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

500 N WALNUT ST

SALEM, IL 62881
0
Baths
2,642 ft²
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$81K
$66K low$96K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,058 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$29,840 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,320
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$24,520
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$26,640
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$89,520

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyMARION
Lot (acres)The size of the land the home sits on, from county records.0.06
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Salem Community High SchoolC-
High · Grades 9–12 · 1.0 mi
M
Franklin Park Middle SchoolB+
Middle · Grades 4–8 · 1.1 mi
E
Hawthorn Elementary SchoolB
Elementary · Grades KG–3 · 1.2 mi

District: Salem School District 111

Neighborhood · ZIP 62881These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.178

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.10,212
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.104 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,564
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,373
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

500 N Walnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 72% of homes in Salem 62881
  • Among the smallest lots in Marion County

What homes are worth in Salem 62881

Each bar is how many homes fall in that price range. The marker is this home.

This home
$29K$432K

This home is worth more than 28% of homes in Salem 62881.

How it measures up in Salem 62881

The dot is this home. The mark in the middle is the typical home in Salem 62881.

Estimated value$80,623
CheaperTypical $127,579Pricier

Pricier than 28% of homes nearby

Lot size2,642 ft²
SmallerTypical 0.37 acBigger

Smaller than almost all homes nearby

How 500 N Walnut St ranks against every home in each area.
MeasureThis homeSalem 62881Marion County
Estimated valuepricier than$80,62328% of homes40% of homes
Lot sizebigger than2,642 ft²almost no homesalmost no homes

About 500 N Walnut St

How much is 500 N Walnut St, Salem, IL worth?

The TopHap Estimate for 500 N Walnut St, Salem, IL is $80,623 as of Aug 30, 2026. The likely range is $65,598 to $95,648. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 500 N Walnut St, Salem, IL last sell?

500 N Walnut St, Salem, IL last sold on Feb 15, 2008, according to the county's recorded deed.

What schools serve 500 N Walnut St, Salem, IL?

500 N Walnut St, Salem, IL is assigned to Salem Community High School (high), rated C-; Franklin Park Middle School (middle), rated B+; Hawthorn Elementary School (elementary), rated B. All sit in Salem School District 111. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 500 N Walnut St, Salem, IL compare to other homes in Salem 62881?

Among the 4,204 homes in Salem 62881, it is worth more than 28% of them ($80,623 against a typical $127,579) and its lot is bigger than almost none of them (2,642 ft² against a typical 0.37 ac). Measured against all of Marion County, it is worth more than 40% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 500 N Walnut St, Salem, IL?

The 2025 property tax bill for 500 N Walnut St, Salem, IL was $2,058. The county assessed it at $29,840.

More homes on N Walnut St

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More homes in Salem 62881

Assigned schools

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