Lower Salem

With just 93 residents, Lower Salem is one of Noble County's smallest communities, offering a quiet rural setting with limited housing inventory. Currently only two active listings are on the market, reflecting the area's low turnover and tight supply. The median home price sits at $251,950, which is notable given the small scale of the market and suggests that properties here hold reasonable value. The median household income of $103,125 points to a relatively financially stable resident base, though the owner-occupied rate of 48.6 percent indicates that rental housing makes up a significant share of the local stock. Families with children would be served by the Caldwell Exempted Village School District. The combination of scarce listings, moderate pricing, and a small population means buyers interested in this area should move quickly when properties become available, as new inventory appears infrequently and competition can be immediate despite the rural location.

Market description generated from current MLS and U.S. Census data.