Is Salem, IN 47167 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 list24.3%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$122▼ −6.1% vs. last year
Run the numbers for 47167
Nearby markets
Campbellsburg 47108Buyer’s market $181 /sq ftFredericksburg 47120Seller’s market $138 /sq ftHardinsburg 47125Balanced $142 /sq ftPekin 47165Balanced $147 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology