Is Salem, FL 32356 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Salem is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list102.9%Sold price ÷ list price

Median days on market217Listing to accepted offer

Median price per sq ft$119

The Salem housing market right now

In the three months ending August 31, 2026, 0% of homes in Salem, FL 32356 sold above their list price and the typical home went under contract in 217 days. With only 1 sale, these figures can swing a lot from month to month.

The median sale price was $142,938, or about $119 per square foot.

Nearby, Perry 32347 (21% sold over asking) is even more competitive.

About the area

Taylor County, FL

Population	113
Median income	$14,221
Average income	$15,061
Median home value	$86,900
Owner-occupied	100% of homes
Median year built	1995
Walkability	3.4 of 20Least walkable

Natural hazard riskFlooding (relatively high), hurricanes (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 32356; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 32356

Prefilled for 32356Can I win this house?Multiple-offer likelihood for a listing Prefilled for 32356Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lamont 32336Seller’s market $162 /sq ft Perry 32347Balanced $121 /sq ft Perry 32348Buyer’s market $129 /sq ft Browse all markets →

Where Salem is

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Questions about Salem real estate

How fast do homes sell in Salem?

The typical home went under contract in 217 days in the latest three months.

Do homes in Salem sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 102.9% of the list price.

What are property taxes in Salem?

About 0.65% of a home’s value a year in Taylor County, or roughly $2,600 on a $400,000 home.

What is the median home price in Salem?

The median sale price was $142,938 in the three months ending August 31, 2026, about $119 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology