60Alpha

Salem, OH metro area Housing Market Brief

metro · OH · as of August 2026

Balanced

What is Salem, OH metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+13.941
Inventory Health25%
-8.836
Affordability20%
+4.594
Economic Strength20%
52
Rental Yield15%
+7.891

Where is Salem, OH metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Salem, OH metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Salem, OH metro area?

Our model forecasts Salem, OH metro area’s home prices to rise about 11.5% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Salem, OH metro area housing market data

MetricValueYoY
Median Sale Price$160K-10.9%
Median Days on Market44 days▲ +4.8%
Months of Supply5.5▲ +48.7%
Homes for Sale304▲ +10.1%
Homes Sold58-24.7%
Median Price / Sq Ft$138-7.9%

How has Salem, OH metro area’s Alpha Score moved?

Now: 60
12-period trend
Median sale price · 12 mo

Markets like Salem, OH metro area

Frequently asked questions

Is Salem, OH metro area a buyer's or seller's market?

As of August 2026, Salem, OH metro area is classified as a Balanced Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Salem, OH metro area?

The median sale price in Salem, OH metro area is $160K, having fallen 10.9% over the past year.

How affordable is Salem, OH metro area?

Salem, OH metro area scores 94 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Salem, OH metro area's Alpha Score?

Salem, OH metro area's strongest dimension is Affordability (94/100) and its weakest is Inventory Health (36/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Salem, OH metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.