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Featured local agent — Salem Heights, OH
Sarah Mitchell
Compass Real Estate · Salem Heights, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Salem Heights, OH Housing Market
The last median sale price Redfin published was $343,000, +24.7% year over year (through May 2026). With 2.5 months of supply and homes going under contract in about 29 days, Salem Heights is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $343,000 home is about $1,831/mo in principal and interest.
Key numbers for Salem Heights, OH
Median sale price
$343,000
+24.7% year over year
Redfin, through May 2026
Days on market
29
Average pace
Redfin, through May 2026
Active listings
10
2.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Sale-to-list ratio
102.4%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Salem Heights a buyer's or seller's market?
Salem Heights, OH is a seller's market, based on 2.5 months of supply and homes selling in about 29 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Salem Heights housing market data show?
Every row below is Redfin's final published month for Salem Heights, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $343,000 |
| Median list price | $274,900 |
| Year-over-year price change | +24.7% |
| Median price per sq ft | $230/sq ft |
| Median days on market | 29 days |
| Active inventory | 10 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 102.4% |
| Homes sold (that month) | 4 |
| New listings (that month) | 7 |
| Listings with a price cut | 30.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Salem Heights is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Salem Heights is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Salem Heights home prices moved?
Over the last three years the median sale price in Salem Heights, OH rose 40.0%, from $245,000 to $343,000. 30.0% of Salem Heights listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.5 months while the sale-to-list ratio slips below its current 102.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Salem Heights?
Priced off the median sale price of $343,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $68,600 | $274,400 | $1,831/mo |
| 5% | $17,150 | $325,850 | $2,174/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,831, that implies roughly $78,477 a year before you add taxes and insurance. We do not hold a Census income figure for Salem Heights, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Salem Heights in the next 12 months?
Tell us your timeline. We send the Salem Heights market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Salem Heights?
Zillow does not publish a rent index (ZORI) for Salem Heights, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Salem Heights?
Active listings in Salem Heights, OH went from 17 in May 2025 to 10 in May 2026, a -41.2% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 22 | 11 |
| July 2025 | 13 | 2 |
| August 2025 | 10 | 3 |
| September 2025 | 13 | 5 |
| October 2025 | 14 | 4 |
| November 2025 | 12 | 4 |
| December 2025 | 12 | 2 |
| January 2026 | 12 | 4 |
| February 2026 | 11 | 3 |
| March 2026 | 10 | 4 |
| April 2026 | 7 | 6 |
| May 2026 | 10 | 7 |
Redfin, through May 2026
How does Salem Heights compare to Ohio and the U.S.?
Salem Heights homes sell for $343,000 — 21% above the Ohio median of $282,600. Against the national median of $410,700, Salem Heights runs 16% lower. Year-over-year, Salem Heights moved +24.7% against Ohio's +5.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Salem Heights, OH | $343,000 | +24.7% | 29 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Salem Heights
What buyers should watch
- Months of supply, currently 2.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 30.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $343 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $343,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Salem Heights listing goes under contract in 29 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 102.4% of asking. Price at the number you want and let competition do the rest.
- In the last published month Salem Heights added 7 new listings against 4 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Salem Heights varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Salem Heights
There are currently 10 homes listed for sale in Salem Heights, Ohio. The median listing price is $275K.
Active listings
10
Homes on market
Median list price
$275K
Avg. days on market
29
Days until sale
New this week
7
Newly listed
How much do homes cost in Salem Heights by property type?
How the Salem Heights, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $343,000 | $230/sq ft | 4 | 29 days |
Which cities are near Salem Heights, OH?
Ordered by distance from Salem Heights, not by size. Compare Salem Heights side by side with any of them.
Salem Heights housing market FAQ
Is Salem Heights a buyer's or seller's market?
Salem Heights, OH is currently a seller's market. That read comes from 2.5 months of supply, homes going under contract in about 29 days, and sellers getting 102.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Salem Heights?
The median sale price in the last month Redfin published was $343,000, about $230 per square foot.
Is Salem Heights cheaper than the rest of Ohio?
Salem Heights's median sale price of $343,000 is 21% higher than the Ohio statewide median of $282,600, and 16% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Salem Heights?
Homes in Salem Heights, OH spent a median of 29 days on market before going under contract, versus 36 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Salem Heights?
At the current 30-year fixed rate of 7.03%, 20% down on a $343,000 home is about $1,831 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $78,477 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Salem Heights?
Redfin's last published year-over-year change for Salem Heights, OH was +24.7%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Salem Heights?
Salem Heights ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Salem Heights?
That depends on your timeline, not on a headline. What the data says today: Salem Heights, OH is a seller's market with 2.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $343,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.