Is Salem, KY 42078 a buyer’s or seller’s market?
Salem is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$98▲ +46.7% vs. last year
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Nearby markets
Burna 42028 — /sq ftGrand Rivers 42045Buyer’s market $90 /sq ftLedbetter 42058Buyer’s market $128 /sq ftSmithland 42081Balanced $128 /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