Housing Prices in Lower Salem, OH

How much do homes in Lower Salem, OH cost?

Median List Price

$199,900

$120/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$65,050(-24.6%)

Key Takeaway

The list price of homes in Lower Salem has decreased by 24.6% since last year.

Summary: The median home list price in Lower Salem was $199,900 in March 2024, down 24.6% from the previous year, and the median price per square foot was $120.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $149.9K$207.4K
+38.4%
3 $344.9K$162.5K
-52.9%
4 -$300K
N/A
5+ --
N/A

Summary: Lower Salem housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.4%, 3 bedroom homes decreased by 52.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Salem Township
+17.2%
Lower Salem
-24.6%
Lower Salem
-24.6%

Housing Supply in Lower Salem, OH

How many homes are available in Lower Salem, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
21-50.0%

Summary: The Lower Salem real estate market had 1 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Lower Salem housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Lower Salem, OH

How long does it take to sell a home in Lower Salem, OH?

Average Listing Age

Mar 2023Mar 2024CHANGE
162 Days117 Days-28.0%

Summary: Homes in Lower Salem had an average listing age of 117 days in Mar 2024, down by 28% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Lower Salem, OH

Nearby Markets to Lower Salem, OH