Salem, OH

Balanced market+15.7% YoY

Housing market overview · Updated weekly

$160,000median sale price

Homes sold

13

Last 12 weeks

Days on market

57

Average pace

Active listings

29

2.2 months supply

Sale-to-list

98.4%

Below asking

The Salem housing market is currently classified as a balanced market with a median sale price of $160,000. Prices have risen 15.7% compared to last year, with homes spending an average of 57 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Salem

There are currently 29 homes listed for sale in Salem, Ohio. The median listing price is $240K.

Active listings

29

Homes on market

Median list price

$240K

Avg. days on market

57

Days until sale

New this week

9

Newly listed

Price drops:6.9%of listings
Sale-to-list:98.4%

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Frequently asked questions

What is the average home price in Salem?

The median home sale price in Salem is $160,000, up 15.7% from last year.

How long do homes stay on market in Salem?

Homes typically spend 57 days on market before going under contract.

Is Salem a buyer's or seller's market?

With 2.2 months of supply, Salem is currently a balanced market.

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