Is Salem, MO 65560 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Salem is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.9Under 4 months = seller’s market

Sold above original list17.4%Share of sales, last 3 months

Median sale-to-list98.3%Sold price ÷ list price

Median days on market74Listing to accepted offer

Median price per sq ft$120▼ −6.1% vs. last year

Run the numbers for 65560

Prefilled for 65560Can I win this house?Multiple-offer likelihood for a listing Prefilled for 65560Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Boss 65440 — /sq ft Jadwin 65501 — /sq ft Lenox 65541 $172 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology