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 Units by Size|
|Five Bedrooms or more||1.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1950|
|Median Value of occupied units||$77,100|
|Median Price asked for vacant units||$79,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.04|
|Median year structure was built||1957|
|Median Monthly Rent asked for vacant units||$372|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||8.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|