#202523191, Mary McCoskey Finkle, Listing office: Mainstreet Realtors
Salem Township Housing Market Report May 2025•Steuben County, Indiana
Housing Prices in Salem Township, IN
How much do homes in Salem Township, IN cost?
Housing Market Conditions
Is Salem Township, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Salem Township is a Seller's Market
Difference Since April 2025
Last month, Salem Township has remained a Seller's Market.
Salem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in May 2025
Homes in Salem Township have sold for 182.5% more than they did a month ago.
Summary: The median home sold price in Salem Township was $310,000 in May 2025, up 182.5% from last month, and the median price per square foot was $175.
Median Sold Price By Cities
City | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
Hudson | $132.5K | $470K | +254.7% |
Salem Township | $109.7K | $310K | +182.5% |
Milford Township | $283K | $288.8K | +2.0% |
Median Sold Price By Bedrooms
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $49.9K | - | N/A |
33 Bedrooms | $132.5K | $310K | +134.0% |
44 Bedrooms | - | - | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Salem Township housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +134.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Salem Township, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Salem Township, IN
Housing supply in Salem Township, IN
How many homes are available in Salem Township, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
23Last MonthMay 2025 | ||
212 months agoApr 2025 | +9.5 % Change MoMApr – May |
Summary: The Salem Township real estate market had 23 homes for sale in May 2025, a 9.5 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthMay 2025 | ||
42 months agoApr 2025 | +25.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 3 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 14 | 15 | +7.1% |
44 Bedrooms | 2 | 3 | +50.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Salem Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +7.1%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Salem Township, IN cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price4 Homes
If you're buying a home in Salem Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Salem Township in May 2025, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and and 0% were sold over asking.
Days on Market for Salem Township, IN
How long does it take to sell a home in Salem Township, IN?
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
0 DaysLast MonthMay 2025 | ||
45 Days1 month agoApr 2025 | 0.0 % Change MoMApr – May |
Summary: Homes in Salem Township had an average listing age of 0 days in May 2025, down by .0% compared to the previous month.
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Newest Listings in Salem Township, IN
What homes are available in Salem Township, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, and Metro Search MLS for the period 04/01/2025 - 06/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 12:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 12:40:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.