Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | 3 | 4 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 0 | 5 | 10 |
Acreage buckets
The median price for land in Salem, Ohio is currently $21K per acre. For a typical parcel, the median sale price is $78K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $413K.
The 12-month rate is 7.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Salem, Ohio typically sells within 115 days of listing. The median time on market is 87 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Salem, Ohio saw 10 properties sold, totaling $2.8M in sales volume.
The top-performing broker in this market is Kiko.
The median land price in Salem, Ohio stands at $78K. This translates to roughly $21K per acre for the typical parcel size. The average price is $284K, indicating some higher-priced properties pulling up the average.
There are currently 11 active listings in Salem, Ohio. 1 new listings have hit the market in the last 90 days. The median asking price is $30K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
