Is Salem, WI 53168 a buyer’s or seller’s market?

The Salem housing market right now

In the three months ending August 31, 2026, 45% of homes in Salem, WI 53168 sold above their list price, the typical home went under contract in 41 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 49%, homes sold more slowly (38 days then) and the median sale price rose 8% to $349,849. Overall, Salem is less competitive than a year ago, which gives buyers more room.

Within Kenosha County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Salem ranks #141 of 319 WI ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Twin Lakes 53181 (30% sold over asking) or Silver Lake 53170 (36% sold over asking), while Kenosha 53142 (56% sold over asking) and Kenosha 53144 (53% sold over asking) are even more competitive.