Is Salem, AL 36874 a buyer’s or seller’s market?
Salem is a seller’s market. With about 3.7 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score52/ 100
More competitive than 53% of U.S. ZIP codes, and #33 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply3.7Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$194▲ +15.0% vs. last year
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Nearby markets
Auburn 36830Balanced $219 /sq ftAuburn 36832Seller’s market $210 /sq ftOpelika 36801Seller’s market $188 /sq ftOpelika 36804Seller’s market $169 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology