New - 1 day on Rocket
$1,128 Closing Credit¹
#5099206, Anastasios Pappas, Listing Office: Keller Williams Chervenic Rlty
Salem Township Housing Market Report January 2025•Jefferson County, Ohio
Housing Prices in Salem Township, OH
How much do homes in Salem Township, OH cost?
Housing Market Conditions
Is Salem Township, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Salem Township is a Seller's Market
Difference Since January 2024
Since last year, Salem Township has remained a Seller's Market.
Insight
Salem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$163,942$124/SqFt
-$7,932
-4.6%
Based on all homes sold in the last 12 months
Insight
Homes in Salem Township have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in Salem Township was $163,942 in January 2025, down 4.6% from last year, and the median price per square foot was $124.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Salem Township | $171.8K | $163.9K | -4.6% |
| Richmond | $200K | $174.2K | -12.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $76.3K | $102.5K | +34.3% |
| 22 Bedrooms | $119.3K | $123.6K | +3.6% |
| 33 Bedrooms | $185K | $164.5K | -11.1% |
| 44 Bedrooms | $214K | $229K | +7.0% |
| 55+ Bedrooms | $135K | $348.2K | +158.0% |
Summary: Salem Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +34.3%. The home price for 2 bedroom homes increased by +3.6%. The home price for 3 bedroom homes decreased by -11.1%. The home price for 4 bedroom homes increased by +7.0%. The home price for 5 bedroom homes increased by +158.0%.
Housing supply in Salem Township, OH
How many homes are available in Salem Township, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 70Last MonthJan 2025 | ||
| 812 months agoDec 2024 | -13.6 % Change MoMDec – Jan |
Summary: The Salem Township real estate market had 70 homes for sale in Jan 2025, a 13.6 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthJan 2025 | ||
| 202 months agoDec 2024 | -30.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 14 | 11 | -21.4% |
| 33 Bedrooms | 40 | 40 | 0.0% |
| 44 Bedrooms | 21 | 14 | -33.3% |
| 55+ Bedrooms | 6 | 5 | -16.7% |
Summary: Salem Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -21.4%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes decreased by -16.7%.
Asking Price vs. Sold Price
How much do homes in Salem Township, OH cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in Salem Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Salem Township in January 2025, down by 30.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and and 15% were sold over asking.
Days on Market for Salem Township, OH
How long does it take to sell a home in Salem Township, OH?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days7 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in Salem Township has remained consistent over time.
Summary: During January 2025, 14 homes were sold in Salem Township; 21% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 66 DaysThis YearJan 2025 | ||
| 66 Days1 year agoJan 2024 | -0.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Salem Township had an average listing age of 66 days in Jan 2025, down by 0.5% compared to the previous year.
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Newest Listings in Salem Township, OH
What homes are available in Salem Township, OH?
$2,672 Closing Credit¹
#5096643, Holly Ritchie, Listing Office: Keller Williams Chervenic Rlty
$2,553 Closing Credit¹
#5096114, Anastasios Pappas, Listing Office: Keller Williams Chervenic Rlty
$2,316 Closing Credit¹
#5096228, Holly Ritchie, Listing Office: Keller Williams Chervenic Rlty
Backup offers
$2,255 Closing Credit¹
#5095898, Cindi Leslie, Listing Office: RE/MAX Edge Realty
$2,779 Closing Credit¹
#5095406, Amy J Andrews, Listing Office: Keller Williams Chervenic Rlty
Backup offers
$1,603 Closing Credit¹
#5095469, Amy J Andrews, Listing Office: Keller Williams Chervenic Rlty
$5,166 Closing Credit¹
#5095665, Lisa M Trummer, Listing Office: Tanner Real Estate Co.
$2,434 Closing Credit¹
#5094662, Barbara J Stamp, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Backup offers
$1,781 Closing Credit¹
#5093808, Samantha Aldish, Listing Office: Keller Williams Chervenic Rlty
Backup offers
$1,425 Closing Credit¹
#5091626, Carleigh Loudon, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
$3,076 Closing Credit¹
#5091481, Makayla Stoffer, Listing Office: Keller Williams Legacy Group Realty
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 02/01/2023 - 02/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.