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Condo Foreclosures in Salem, OH 44460

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Salem, OH Foreclosures

Current Market Conditions in in Salem, OH As of March 2026?
In the past month, the real estate market in Salem has witnessed a slight increase in home sales compared to the previous month. Inventory has started to improve, giving buyers more options. However, properties are still selling relatively quickly, indicating ongoing demand. The average sale price has experienced a modest uptick as buyers are willing to invest in properties in desirable neighborhoods.
How much do homes sell for in Salem, OH?
The average home price is currently $215,650.
In Salem, OH, how many homes are available?
There are currently 1 active home listings available in Salem.
What’s the average rental cost in Salem, OH?
The average rental price in Salem is $1,115.
What is the most expensive home in Salem?
The most expensive home sold in Salem had a price of $5,598,961.
What is currently the cheapest priced home in Salem, OH?
The cheapest home for sale in Salem is priced at $11,089.

Living in Salem, OH

Salem, OH is a vibrant community that combines historical charm with modern conveniences. It offers a great quality of life with accessible amenities, a welcoming atmosphere, and numerous outdoor activities. Residents appreciate the blend of small-town feel and larger urban amenities, making it a desirable place to call home.

Buyer vs Seller Market in Salem, OH

The real estate market in Salem, OH has shown steady growth, with an increasing demand for residential properties. Home prices have been appreciating at a moderate pace, suggesting a healthy market favorable to both buyers and sellers. Investors are finding good opportunities as the area continues to develop and attract new residents.

Currently, the market is competitive but favorable for buyers, with a range of homes available. The presence of various property types, from single-family homes to townhouses, provides options for diverse buyer preferences.

Home Value Estimator For Salem, OH

There are currently 10,241 real estate properties in Salem, OH, with a median automated valuation model (AVM) price of $175,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Salem, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Salem, OH, is $215,650.00, with the most expensive house in Salem, OH, topping out at $5,598,961.00 and the cheapest home in Salem, OH, clocking in at $11,089.00. In other words, there’s something for every potential homebuyer or savvy investor in Salem, OH!

Rent Prices In Salem, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Salem, OH, is on a rollercoaster ride. The average rent price in Salem, OH, is $1,115.00. Indeed, when looking to rent in Salem, OH, you can expect to pay as little as $560.00 or as much as $1,980.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Salem, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Salem, OH 44460 Condos

Market Trend for Salem, OH

Total Listings Available: 1

Market Values:

Home Prices from $11,089 to $5,598,961

Average Sales Price: $215,650

Rental Values:

Rental from $560 to $1,980

Average Rent Value: $1,115 / month

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