Salem, OH Real Estate Market 2026

Investor-grade market analytics for Salem, Ohio. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$164,232

+3.8% year-over-year

Est. Rental Yield

6.4%

gross annual

12-Month Forecast

+3.7%

base case (Zillow ZHVF)

+3.7% year-over-year

Climate Risk

25/100

Low

Market Momentum

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Warm
2.9mo supply ยท Score +2/7

Net migration: Bottom 14% nationally

Income Migration

โžก๏ธ Neutral0.99x

In-migrants avg $47,364 AGI vs out-migrants $47,910

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Opportunity Zone Market

1 ZIP codes in Salem are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Salem Market Summary

Salem, OH shows steady growth at 3.8% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 2.81x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 6.42% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.8x (national avg 4.8x)
Median Household Income$58,474

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.9%
Base Case+3.7%
Bull Case+5.6%

Climate & Natural Hazard Risk

Salem, OH's primary climate exposure is flooding (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Salem dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.