#5103330, Adrianna L Sanchez, Listing Office: Keller Williams Chervenic Rlty
Salem Township Housing Market Report February 2025•Muskingum 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 February 2024
Since last year, 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 the last 12 months
Homes in Salem Township have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Salem Township was $161,709 in February 2025, down 7.6% from last year, and the median price per square foot was $126.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Monroe Township | $367.5K | $379K | +3.1% |
Salem Township | $175K | $161.7K | -7.6% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $76.3K | $102.5K | +34.3% |
22 Bedrooms | $121.1K | $129.5K | +6.9% |
33 Bedrooms | $190K | $162.5K | -14.5% |
44 Bedrooms | $217K | $227K | +4.6% |
55+ Bedrooms | $181.2K | $307.2K | +69.5% |
Summary: Salem Township housing price by bedroom type for February 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 +6.9%. The home price for 3 bedroom homes decreased by -14.5%. The home price for 4 bedroom homes increased by +4.6%. The home price for 5 bedroom homes increased by +69.5%.
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 |
---|---|---|
66Last MonthFeb 2025 | ||
642 months agoJan 2025 | +3.1 % Change MoMJan – Feb |
Summary: The Salem Township real estate market had 66 homes for sale in Feb 2025, a 3.1 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthFeb 2025 | ||
132 months agoJan 2025 | +23.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 10 | 8 | -20.0% |
33 Bedrooms | 36 | 41 | +13.9% |
44 Bedrooms | 12 | 11 | -8.3% |
55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Salem Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes increased by +13.9%. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Salem Township, OH cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price11 Homes
If you're buying a home in Salem Township, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Salem Township in February 2025, up by 23.1% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and and 7% 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 Days2 Homes
30 – 90 Days8 Homes
Over 90 Days6 Homes
Avg time on Rocket Homes in Salem Township has remained consistent over time.
Summary: During February 2025, 16 homes were sold in Salem Township; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
79 DaysThis YearFeb 2025 | ||
57 Days1 year agoFeb 2024 | +36.6 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Salem Township had an average listing age of 79 days in Feb 2025, up by 36.6% compared to the previous year.
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Newest Listings in Salem Township, OH
What homes are available in Salem Township, OH?
Nearby markets
Nearby markets aren't available for Salem Township, OH
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 03/01/2023 - 03/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.