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Walter Grewe

Walter Grewe
Real Estate Agent
Salem VA

(VA: )

20 years experience

REALTOR® 4 Active Listings Serves Salem City County, VA
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Contact Information

Brokerage
Wainwright & Co Realtors

Office Website
Office Address
1202 Electric Rd Ste A
Salem, VA  24153
(Salem City County)
Office Phone
540-387-5800
Office Fax
Mobile
540-537-9281
Email
walt**@****************.com
Show Email for $5

Service Areas

Hollins: VA Montgomery: VA Roanoke: VA Blue Ridge: VA Cave Spring: VA Hollins College: VA Cloverdale: VA Laymantown: VA Catawba: VA Daleville: VA Salem: VA Glenvar: VA Troutville: VA

About Walter Grewe

The real estate industry is becoming more sophisticated and challenging every day you need a professional that understands the industry and is positioned to stay ahead of the game I go the extra mile to help you achieve your goals That's why I constantly research the market and property values so your home is priced effectively from day one I also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers I enjoy working with buyers to find the home that meets their criteria Using my knowledge of the latest technology I can insure you will see the greatest amount of homes possible to insure your ability to find your dream home
I am an Accredited Real Estate Owned agent Short Sale and Foreclosure Resource ceritified as well as a listing agent for the Dept of Housing and Urban Developement
I am happy to answer any questions regarding the Short Sale process buying foreclosures or governemtnowned homes

Salem City County, VA Real Estate Market Analysis (Single Family Homes)

$425,887
Avg. Listing Price
From Walter's portfolio
3.7 / 2.7
Avg. Beds/Baths
Typical property size
2,237 sf
Avg. Square Footage
Interior living space
196
Active Listings
Current inventory

Salem City County, Virginia represents a unique and compact real estate market that punches above its weight in terms of professional activity and market sophistication. With exactly 284 actively licensed real estate agents serving this concentrated area, the market demonstrates remarkable density and specialization that reflects the region's strategic position in the Roanoke Valley. What makes this market particularly noteworthy is the complete digital connectivity among its professionals—all 284 agents maintain active email addresses, indicating a tech-savvy and highly networked real estate community.

The Salem real estate landscape is characterized by its blend of historic charm and modern growth, creating diverse opportunities that attract both seasoned investors and first-time homebuyers. This relatively small geographic area supports an impressive concentration of real estate professionals, suggesting robust transaction volumes and a dynamic market environment that rewards specialization and local expertise.

Major Salem City County, Virginia Real Estate Markets

Salem City serves as the primary hub of real estate activity in the county, functioning as both a residential haven and commercial center within the broader Roanoke Valley metropolitan area. The city's proximity to Roanoke creates a unique suburban-urban blend that appeals to professionals seeking small-town character with metropolitan amenities. Salem's established neighborhoods, including areas around Salem Civic Center and the historic downtown district, represent some of the most sought-after residential markets in the region.

The county's real estate markets extend beyond Salem City proper to include surrounding communities that benefit from the area's excellent transportation infrastructure and proximity to Virginia Tech's regional facilities. These outlying areas often feature larger properties and newer developments that cater to families and retirees, while still maintaining easy access to Salem's business district and recreational amenities like the Salem Red Sox stadium and Longwood Park.

Market Dynamics and Geographic Complexity

Despite its compact size, Salem City County presents surprising geographic complexity that requires specialized knowledge from its 284 real estate professionals. The market encompasses everything from historic downtown properties and established suburban neighborhoods to newer residential developments and commercial districts. This diversity means agents often develop specific expertise in particular property types or geographic zones, creating a highly specialized professional environment where local knowledge commands premium value.

The market's dynamics are heavily influenced by its position as a regional education and healthcare hub, with proximity to Roanoke College and Lewis-Gale Medical Center driving consistent demand for both rental and purchase properties. Seasonal patterns often reflect the academic calendar, while long-term trends show growing interest from retirees and remote workers attracted to Salem's quality of life and relatively affordable housing costs compared to larger Virginia metropolitan areas.

Why Businesses Need Salem City County, Virginia Agent Contact Data

The complete email connectivity of Salem's 284 real estate agents creates exceptional opportunities for businesses seeking to penetrate this concentrated market efficiently. Mortgage lenders, insurance companies, home service providers, and construction firms can reach the entire professional network through targeted digital campaigns, ensuring comprehensive market coverage without the geographic challenges found in more sprawling counties. This digital accessibility, combined with the market's manageable size, makes Salem ideal for testing new products or services before broader regional rollouts.

Additionally, the high agent-to-population ratio in Salem indicates a sophisticated market where real estate professionals actively seek competitive advantages through partnerships and professional services. Companies offering continuing education, marketing services, or specialized real estate tools will find this concentrated professional community particularly receptive to innovations that can help them serve clients more effectively in an competitive environment.

Current Property Listings

As of 2/13/2026, Walter Grewe has 4 properties for sale in Salem and surrounding areas.

$985,000

Listed 2025-10-30

5431 Ridgelea Estates Dr
Roanoke, VA  24018

Beds: 4.0
Baths: 4.5
Sq Ft: 5,238
Lot: 66,647 sf
Single Family Map
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$35,000

Listed 2025-12-16

5524 Quail Ridge Cir
Roanoke, VA  24018

Beds:
Baths:
Sq Ft:
Lot: 5,227 sf
Land Map
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$35,000

Listed 2025-12-16

5520 Quail Ridge Cir
Roanoke, VA  24018

Beds:
Baths:
Sq Ft:
Lot: 5,227 sf
Land Map
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$184,950

Listed 2026-01-17

3402 Oaklawn Ave NW
Roanoke, VA  24012

Beds: 4.0
Baths: 2.0
Sq Ft: 1,612
Lot: 11,326 sf
Single Family Map
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Current Property Rentals

Walter Grewe currently has no rental properties available in Salem and surrounding areas. Check back later.