Salem, OH Real Estate

According to census data in the year 2000 there were 5,442 housing units in Salem. This represents a 2.7% growth from 5,298 in 1990.

Of those housing units, 5,442 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Salem is about 65.2%. Salem's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Salem were built after 1952.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom14.50%
Two Bedrooms29.10%
Three Bedrooms43.40%
Four Bedrooms10.50%
Five Bedrooms or more1.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1950
Median Value of occupied units$77,100
Median Price asked for vacant units$79,300

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1957
Median Monthly Rent asked for vacant units$372

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage6.10%
Home Equity Loan8.10%
Simple Mortgage44.40%
Debt Free41%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%