Data as of March 2026. Source: Realtor.com.
The Salem, OR real estate market currently shows 888 active listings, with 296 pending sales. Homes are averaging 51.1 days on the market before going under contract.
Inventory has increased compared to last year, with 212 more homes available — giving buyers more choice.
Homes are selling faster, averaging 51.1 days on market compared to 52.4 days last year.
The median listing price has fallen 5.4% year-over-year, from $548,047 to $518,672.
Whether you are buying or selling in Salem, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 278,982 · Density: 736.7/mi² · Median household income: $72,341
Typical home value: $349,908 · Homeownership: 58.5%
Salem: 97301, 97302, 97303, 97304, 97305, 97306, 97308, 97309, 97310, 97314, 97317
Grant: 97311
Sunnyslope: 97312