Population: 55,386 · Density: 1,891.6/mi² · Median household income: $53,113
Typical home value: $273,572 · Homeownership: 42.4%
Data as of January 2026. Source: Realtor.com.
The SALEM, OR real estate market (97301) currently shows 126 active listings, with 48 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 79 days on market compared to 63 days last year.
The median listing price has fallen 3.5% year-over-year, from $409,498 to $395,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97301 | Salem, OR 97301 | 0.0 mi | 126 | $53,362,260 | $395,000 | $423,510 |
| 97302 | Salem, OR 97302 | 4.5 mi | 159 | $100,713,462 | $544,950 | $633,418 |
| 97317 | Salem, OR 97317 | 5.8 mi | 55 | $41,622,570 | $694,000 | $756,774 |
| 97304 | Salem, OR 97304 | 6.5 mi | 127 | $91,576,144 | $578,450 | $721,072 |
| 97371 | Rickreall, OR 97371 | 9.9 mi | 4 | $5,000,000 | $1,475,000 | $1,250,000 |
| 97026 | Gervais, OR 97026 | 11.1 mi | 8 | $7,057,976 | $814,500 | $882,247 |
| 97392 | Turner, OR 97392 | 11.4 mi | 27 | $38,897,415 | $994,950 | $1,440,645 |
| 97352 | Jefferson, OR 97352 | 13.8 mi | 17 | $11,645,731 | $599,450 | $685,043 |
| 97101 | Amity, OR 97101 | 14.3 mi | 20 | $19,547,440 | $899,250 | $977,372 |
| 97071 | Woodburn, OR 97071 | 15.6 mi | 125 | $62,400,500 | $439,900 | $499,204 |
| 97114 | Dayton, OR 97114 | 16.5 mi | 10 | $8,413,630 | $634,500 | $841,363 |
| 97137 | Saint Paul, OR 97137 | 18.1 mi | 5 | $8,538,000 | $1,000,000 | $1,707,600 |
| 97375 | Scotts Mills, OR 97375 | 19.8 mi | 4 | $5,324,000 | $1,300,000 | $1,331,000 |
As of January 2026, there are 126 active listings in SALEM, OR (zip code 97301), compared to 96 the prior year.
The median listing price in SALEM, OR 97301 is $395,000 as of January 2026, a 3.5% decrease from $409,498 the prior year.
Homes in SALEM, OR 97301 spend an average of 79 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SALEM, OR 97301 is currently a Buyer's Market. Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97301 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.