Is Salem, OH 44460 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Salem is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score44/ 100

More competitive than 43% of U.S. ZIP codes, and #387 of 489 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list22.6%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$145▲ +6.3% vs. last year

The Salem housing market right now

In the three months ending August 31, 2026, 23% of homes in Salem, OH 44460 sold above their list price, the typical home went under contract in 45 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 64 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold more slowly (39 days then) and the median sale price fell 4% to $187,169. Overall, Salem is less competitive than a year ago, which gives buyers more room.

Within Columbiana County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Salem ranks #387 of 489 OH ZIP codes with enough sales (score 44 out of 100).

Nearby, buyers who want less competition could look at Rogers 44455 (0% sold over asking) or Negley 44441 (0% sold over asking), while Washingtonville 44490 (100% sold over asking) and Homeworth 44634 (67% sold over asking) are even more competitive.

Nearby markets

Columbiana 44408Seller’s market $179 /sq ftEast Liverpool 43920Balanced $132 /sq ftEast Palestine 44413Seller’s market $119 /sq ftEast Rochester 44625Seller’s market $156 /sq ft Browse all markets →

Where Salem is

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Questions about Salem real estate

Is Salem a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Salem, OH 44460 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Salem?

The typical home went under contract in 45 days in the latest three months.

Do homes in Salem sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Salem?

About 1.01% of a home’s value a year in Columbiana County, or roughly $4,040 on a $400,000 home.

What is the median home price in Salem?

The median sale price was $187,169 in the three months ending August 31, 2026, about $145 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