Salem, OH
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
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The Salem market is currently in an Accelerated condition, characterized by a pending ratio of 0.70, indicating robust demand absorption relative to available inventory. This marks a 3.6 percentage point increase in the pending ratio year-over-year, reinforcing the elevated pace of transactions.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Salem market right now.
Active listings have remained largely stable, with a modest 0.5% increase year-over-year, while new listings have contracted significantly by 17.2% over the same period. Despite a 10.6% month-over-month decline, the median listing price has demonstrated resilience with a 2.1% year-over-year gain. The median days on market increased by 11.0% year-over-year, yet pending listings indicate ongoing demand.
“Local pricing and inventory dynamics across Salem shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The elevated pending ratio of 0.70 suggests that buyers face a relatively competitive environment, with demand quickly absorbing available supply. This market dynamic implies limited negotiation leverage for buyers, as the rapid pace of transactions places pressure on price discipline. Reduced new listing volume further constrains options, contributing to a quicker sales cycle.
While the overall median listing price shows a year-over-year increase, the median price per square foot has registered a modest 1.8% decline over the past year. However, with the average listing price growing by 4.6% year-over-year and the median price per square foot declining by a limited margin, there is no distinct signal of softness specifically within the luxury segment in this dataset.
201 active listings represent the current floor, with new supply arriving at roughly 96 per month.
of active listings carry a price reduction, +1.5% from prior period.
Median price per square foot has moved -1.8% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Salem, OH? Homes here are taking 5 days longer to sell than last year.
Demand in Salem, OH is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 70%
- Median Days on Market
- 51 days
- Inventory YoY
- +1%
Demand is strong in Salem, OH. Check your Sold Score before you price — conditions this favorable don't hold forever.
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Metro Demographics
ZIPs in Salem, OH
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