Population: 41,382 · Density: 681.3/mi² · Median household income: $80,439
Typical home value: $384,282 · Homeownership: 62.1%
Data as of January 2026. Source: Realtor.com.
The SALEM, OR real estate market (97302) currently shows 159 active listings, with 46 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 86 days on market compared to 85 days last year.
The median listing price has risen 1% year-over-year, from $539,750 to $544,950.
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 $ |
|---|---|---|---|---|---|---|
| 97302 | Salem, OR 97302 | 0.0 mi | 159 | $100,713,462 | $544,950 | $633,418 |
| 97301 | Salem, OR 97301 | 4.5 mi | 126 | $53,362,260 | $395,000 | $423,510 |
| 97351 | Independence, OR 97351 | 6.8 mi | 32 | $19,390,464 | $432,500 | $605,952 |
| 97317 | Salem, OR 97317 | 7.9 mi | 55 | $41,622,570 | $694,000 | $756,774 |
| 97303 | Salem, OR 97303 | 9.1 mi | 86 | $43,652,912 | $474,900 | $507,592 |
| 97305 | Salem, OR 97305 | 10.4 mi | 78 | $37,204,518 | $434,900 | $476,981 |
| 97325 | Aumsville, OR 97325 | 11.6 mi | 14 | $8,927,254 | $615,000 | $637,661 |
| 97101 | Amity, OR 97101 | 15.0 mi | 20 | $19,547,440 | $899,250 | $977,372 |
| 97361 | Monmouth, OR 97361 | 15.7 mi | 30 | $25,437,450 | $663,800 | $847,915 |
| 97385 | Sublimity, OR 97385 | 16.7 mi | 14 | $11,320,260 | $749,000 | $808,590 |
| 97383 | Stayton, OR 97383 | 18.5 mi | 44 | $26,697,044 | $595,000 | $606,751 |
| 97322 | Albany, OR 97322 | 19.3 mi | 87 | $50,670,105 | $424,450 | $582,415 |
| 97344 | Falls City, OR 97344 | 19.7 mi | 4 | $1,466,532 | $357,500 | $366,633 |
As of January 2026, there are 159 active listings in SALEM, OR (zip code 97302), compared to 113 the prior year.
The median listing price in SALEM, OR 97302 is $544,950 as of January 2026, a 1% increase from $539,750 the prior year.
Homes in SALEM, OR 97302 spend an average of 86 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SALEM, OR 97302 is currently a Buyer's Market. Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97302 save an estimated $10,899 compared to a typical 5% commission on the median listing price of $544,950. 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.