Similar to its nearby areas, it is substantially less expensive compared to the rest of the country. Compared to the city of Columbus, it's a lot less expensive.
Home prices
South Salem's median home cost is $82,500. It is roughly $2,840 (3%) higher compared to the surrounding areas.In comparison to the United States as a whole it is approximately $135,000 (62%) lower, and compared to the city of Columbus is about $69,100 (45%) lower.
Rents
South Salem's median monthly rent is $754. In comparison to the surrounding areas it is roughly $89 (13%) higher.It is approximately $308 (29%) lower in comparison to the rest of the nation, and it is roughly $207 (21%) lower in comparison to the city of Columbus.
Nearby places
Greenfield
Greenfield is approximately 3 miles west of South Salem. The real estate prices there are fairly similar. The median home in Greenfield is valued at $83,800, which works out to $1,300 (1%) higher than South Salem. The rent there is somewhat less expensive. Greenfield's median monthly rent is $605, which comes out to $149 (24%) lower than South Salem.
Frankfort
Frankfort is roughly 7 miles northeast from South Salem. Housing prices there are a bit more expensive. The median home in Frankfort costs $112,000, which is $29,500 (26%) higher than South Salem. Its rents are a bit more expensive. In Frankfort the median rent is $824 per month, which works out to $70 (8%) higher than South Salem.
Bainbridge
Bainbridge is about 7 miles south from South Salem. Real estate prices there are somewhat more expensive. Bainbridge's median home price is $90,300, which works out to $7,800 (8%) higher than South Salem. The rent there is significantly less expensive. The median rent in Bainbridge is $571 a month, which works out to $183 (32%) lower than South Salem.
Leesburg
Leesburg is approximately 11 miles west of South Salem. Its real estate prices are similar. The median home cost in Leesburg is $83,000, which is very similar to South Salem. Its rents are somewhat less expensive. In Leesburg the median rent is $674 per month, which comes out to $80 (11%) lower than South Salem.
Highland Holiday
Highland Holiday is approximately 12 miles southwest from South Salem. The real estate prices there are substantially less expensive. Highland Holiday's median home value is $29,200, which comes out to $53,300 (182%) lower than South Salem. Rent there is a little less expensive. Highland Holiday's median monthly rent is $649, which works out to $105 (16%) lower than South Salem.
