The Salem Village housing market is very competitive. The median sale price of a home in Salem Village was $262K last month, up 27.7% since last year. The median sale price per square foot in Salem Village is $170, up 7.6% since last year.
What is the housing market like in Salem Village today?
In October 2024, Salem Village home prices were up 27.7% compared to last year, selling for a median price of $262K. On average, homes in Salem Village sell after 35 days on the market compared to 19 days last year. There were 9 homes sold in October this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$261,800
+27.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Salem Village, OH
$261,800
+27.7%
United States
To compare other locations to the Salem Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Columbus add value to a home.
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How hot is the Salem Village housing market?
Salem Village is very competitive. Homes sell in 31.5 days.
0
100
78
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 32 days.
Hot homes
can sell for about 6% above list price and go pending in around 22 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Salem Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salem Village.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salem Village has a minor risk of flooding. 39 properties in Salem Village are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Salem Village. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Salem Village has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salem Village is most at risk from hurricanes. 1,061 properties in Salem Village have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 52 mph.