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Salem Township Housing Market Report April 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 March 2025
Last month, Salem Township was a Buyer's Market.
Insight
Salem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$109,750$74/SqFt
-$109,250
-49.9%
Based on all homes sold in April 2025
Insight
Homes in Salem Township have sold for 49.9% less than they did a month ago.
Summary: The median home sold price in Salem Township was $109,750 in April 2025, down 49.9% from last month, and the median price per square foot was $74.
Median Sold Price By Cities
| City | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| Milford Township | $259.5K | $283K | +9.1% |
| Salem Township | $219K | $109.7K | -49.9% |
Median Sold Price By Bedrooms
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $219K | - | N/A |
| 22 Bedrooms | - | $49.9K | N/A |
| 33 Bedrooms | - | $132.5K | N/A |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Salem Township housing price by bedroom type for April 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 did not change. 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 |
|---|---|---|
| 21Last MonthApr 2025 | ||
| 172 months agoMar 2025 | +23.5 % Change MoMMar – Apr |
Summary: The Salem Township real estate market had 21 homes for sale in Apr 2025, a 23.5 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthApr 2025 | ||
| 12 months agoMar 2025 | +300.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 3 | +50.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 11 | 13 | +18.2% |
| 44 Bedrooms | 2 | 3 | +50.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Salem Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +18.2%. 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 Price1 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Salem Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Salem Township in April 2025, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.
Days on Market for Salem Township, IN
How long does it take to sell a home in Salem Township, IN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Salem Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 4 homes were sold in Salem Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 45 DaysLast MonthApr 2025 | ||
| 0 Days1 month agoMar 2025 | 0.0 % Change MoMMar – Apr |
Summary: Homes in Salem Township had an average listing age of 45 days in Apr 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, for the period 03/01/2025 - 05/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.