Is South Salem, OH 45681 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

South Salem is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$163▲ +21.8% vs. last year

The South Salem housing market right now

In the three months ending August 31, 2026, 50% of homes in South Salem, OH 45681 sold above their list price, the typical home went under contract in 40 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (38 days then) and the median sale price rose 5% to $326,109. Overall, South Salem is more competitive than a year ago, so tougher for buyers.

Within Ross County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 71%.

Nearby, buyers who want less competition could look at Bainbridge 45612 (0% sold over asking) or Adelphi 43101 (0% sold over asking), while Richmond Dale 45673 (100% sold over asking) is even more competitive.

Nearby markets

Adelphi 43101 $164 /sq ftBainbridge 45612Buyer’s market $147 /sq ftChillicothe 45601Seller’s market $161 /sq ftClarksburg 43115Seller’s market $121 /sq ft Browse all markets →

Where South Salem is

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Questions about South Salem real estate

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

A buyer’s market: there were 6.4 months of supply in South Salem, OH 45681 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 South Salem?

The typical home went under contract in 40 days in the latest three months.

Do homes in South Salem sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in South Salem?

About 1.00% of a home’s value a year in Ross County, or roughly $4,000 on a $400,000 home.

What is the median home price in South Salem?

The median sale price was $326,109 in the three months ending August 31, 2026, about $163 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