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Housing in Salem

A typical Salem home is worth roughly $108,000

Typical home value
$108K
OH $249K
Estimate
2-bedroom rent
$1,030
a month, utilities in · HUD
Median tax bill
$1,069
OH $2,822

What kind of housing town is Salem?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.2 years of income

Less than across Ohio (3.5 years). Try your own numbers below.

You could afford about
$131,000
Typical Salem home $108K

That covers a typical Salem home, with $23K to spare.

The typical home, each month
$660
Loan $540Tax $90Insurance $30

A two-bedroom rents for about $1,030 a month here, $370 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Salem’s typical property tax (0.99% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

91% of Salem households own their home

Half of Salem’s homes were built before 1992.

Owners and renters
Own 91%Rent 9%

Ohio: 67% own.

1992
typical home built · OH 1970
$1,069
median property tax bill · OH $2,822
0.99%
of a home’s value, a year in tax · OH 1.31%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,030

Fair Market Rent a month, utilities included

Studio$790
1 bedroom$880
2 bedrooms$1,030
3 bedrooms$1,290
4 bedrooms$1,640
9%
of households rent · OH 33%
23
renter households
100%
of renters spend 30%+ of income on rent · OH 46%
36%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Meigs County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Salem vs. its neighbors

Salem is the least expensive of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Salem$108K*—$1,030$34,250
Rutland$123K+10.9%$1,030$39,706
Morgan$154K*—$1,010$62,000
Wilkesville$112K*—$1,080$64,375
Columbia$190K*+2.4%†$1,020$59,479
Huntington$195K*—$1,050$55,443

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Salem buyers, sellers and renters are saying.

Town Square →
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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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