Is Lower Salem, OH 45745 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Lower 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-list90%Sold price ÷ list price
Median days on market225Listing to accepted offer
Median price per sq ft$85▼ −49.5% vs. last year

The Lower Salem housing market right now

In the three months ending August 31, 2026, 0% of homes in Lower Salem, OH 45745 sold above their list price and the typical home went under contract in 225 days. 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 fell from 50%, homes sold more slowly (70 days then) and the median sale price fell 32% to $152,434. Overall, Lower Salem is less competitive than a year ago, which gives buyers more room.

Within Noble County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Summerfield 43788 (50% sold over asking) and Caldwell 43724 (18% sold over asking) are even more competitive.

Nearby markets

Caldwell 43724Seller’s market $145 /sq ftDexter City 45727 — /sq ftPleasant City 43772Seller’s market $96 /sq ftSarahsville 43779Buyer’s market $37 /sq ft Browse all markets →

Where Lower Salem is

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Questions about Lower Salem real estate

How fast do homes sell in Lower Salem?

The typical home went under contract in 225 days in the latest three months.

Do homes in Lower Salem sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.0% of the list price.

What are property taxes in Lower Salem?

About 0.72% of a home’s value a year in Noble County, or roughly $2,880 on a $400,000 home.

What is the median home price in Lower Salem?

The median sale price was $152,434 in the three months ending August 31, 2026, about $85 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