Housing in Salem, OH

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$96,000

Median List Price

$194,450

Price Per Sq Ft

$130

Days on Market

46

Active Inventory

29

Months of Supply

4.1

Balanced market

Zillow Home Value

$175,092

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 28.9%List Price 41.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

42.9%

Off Market in 2 Weeks

57.1%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
42.9%
Under Contract in 2 Wks
57.1%
Listings with Price Drops
20.7%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

14

Pending Sales

14

Homes Sold 36.4%New Listings 12.5%Pending 26.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$130

Median List $/SF

$117

Sale $/SF 20.4%List $/SF 24.5%Mar 24Jan 26

Salem vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Salem is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$117,400

Median Rent

$771

Total Housing Units

5,753

Vacancy Rate

11.2%

Owner Occupied

58.5%

Renter Occupied

41.5%

Median Property Tax

$1,336

per year

Monthly Cost (w/ Mortgage)

$793

Housing Types

Single Family
74.4%
Multi-Family
25.3%
Mobile Home
0.3%

The current median sale price in Salem, OH is $96,000 according to Redfin data. Homes spend a median of 46 days on the market. 42.9% of homes sold above asking price. The market has 4.1 months of supply. The median price per square foot is $130. The median rent is $771 per month (Census ACS). About 58.5% of housing units are owner-occupied. The median year homes were built is 1953. There are 5,753 total housing units.