Salem Township Housing Market Report May 2025•Warren County, Ohio

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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?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Salem Township is a Seller's Market

Difference Since May 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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$188,250$130/SqFt
+$13,250
+7.6%

Based on all homes sold in the last 12 months

Insight

Homes in Salem Township have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Salem Township was $188,250 in May 2025, up 7.6% from last year, and the median price per square foot was $130.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Salem Township
+7.6%
Morrow
-6.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$76.3K-
N/A
2$124K$130K
+4.8%
3$180K$190K
+5.6%
4$269.6K$257K
-4.7%
5$185K$350K
+89.2%

Summary: Salem Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +4.8%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes decreased by -4.7%. The home price for 5 bedroom homes increased by +89.2%.

How does Salem Township, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Salem Township, OH

Housing supply in Salem Township, OH

How many homes are available in Salem Township, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
90Last MonthMay 2025
872 months agoApr 2025
+3.4 %
Change MoMApr – May

Summary: The Salem Township real estate market had 90 homes for sale in May 2025, a 3.4 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
24Last MonthMay 2025
322 months agoApr 2025
-25.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
21511
-26.7%
35457
+5.6%
41415
+7.1%
547
+75.0%

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 decreased by -26.7%. The inventory for 3 bedroom homes increased by +5.6%. The inventory for 4 bedroom homes increased by +7.1%. The inventory for 5 bedroom homes increased by +75.0%.

Asking Price vs. Sold Price

How much do homes in Salem Township, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price10 Homes

At Asking Price6 Homes

Under Asking Price8 Homes

Insight

If you're buying a home in Salem Township, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Salem Township in May 2025, down by 25.0% month-over-month. Of the 24 sold homes, 33% were sold under asking, 25% were sold at asking, and and 42% 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 Days4 Homes

30 – 90 Days13 Homes

Over 90 Days5 Homes

Insight

Avg time on Rocket Homes in Salem Township has remained consistent over time.

Summary: During May 2025, 24 homes were sold in Salem Township; 17% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
63 DaysThis YearMay 2025
50 Days1 year agoMay 2024
+26.6 %
Change YoYMay 2024 – May 2025

Summary: Homes in Salem Township had an average listing age of 63 days in May 2025, up by 26.6% compared to the previous year.

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Newest Listings in Salem Township, OH

What homes are available in Salem Township, OH?

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MLS Disclaimers and Copyright

Based on information from MLS Now, Dayton MLS, and Columbus and Central Ohio Regional MLS for the period 06/01/2023 - 06/01/2025

IDXCopyright 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: 6/12/2025, 2:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing 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. Copyright © 2025 DABR 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: 6/12/2025, 2:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. 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: 6/12/2025, 12:50:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.