Grant · Highland · Lansing · Northeast Neighbors (NEN) · Northgate
Data as of July 2026. Source: Realtor.com.
The SALEM, OR real estate market (97303) currently shows 149 active listings, with 42 pending sales. Homes are averaging 42 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are selling faster, averaging 42 days on market compared to 58 days last year.
The median listing price has risen 0.7% year-over-year, from $515,225 to $518,725.
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: 41,143 · Density: 637.4/mi² · Median household income: $75,863
Typical home value: $366,080 · Homeownership: 62.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97303 | Salem, OR 97303 | 0.0 mi | 104 | $51,675,832 | $466,100 | $496,883 |
| 97305 | Salem, OR 97305 | 4.8 mi | 85 | $40,217,665 | $429,925 | $473,149 |
| 97026 | Gervais, OR 97026 | 6.5 mi | 9 | $6,829,488 | $648,500 | $758,832 |
| 97302 | Salem, OR 97302 | 9.1 mi | 169 | $109,601,232 | $546,950 | $648,528 |
| 97101 | Amity, OR 97101 | 10.3 mi | 24 | $27,144,936 | $795,667 | $1,131,039 |
| 97114 | Dayton, OR 97114 | 10.9 mi | 10 | $9,072,770 | $749,450 | $907,277 |
| 97362 | Mount Angel, OR 97362 | 12.7 mi | 12 | $8,989,500 | $652,500 | $749,125 |
| 97306 | Salem, OR 97306 | 13.0 mi | 135 | $90,125,730 | $562,000 | $667,598 |
| 97351 | Independence, OR 97351 | 15.2 mi | 31 | $20,291,360 | $440,000 | $654,560 |
| 97032 | Hubbard, OR 97032 | 15.5 mi | 8 | $4,082,392 | $497,000 | $510,299 |
| 97128 | Mcminnville, OR 97128 | 16.2 mi | 116 | $85,617,628 | $536,000 | $738,083 |
| 97115 | Dundee, OR 97115 | 17.0 mi | 15 | $27,442,485 | $1,443,250 | $1,829,499 |
| 97002 | Aurora, OR 97002 | 18.0 mi | 18 | $30,283,542 | $950,000 | $1,682,419 |
As of July 2026, there are 149 active listings in SALEM, OR (zip code 97303), compared to 140 the prior year.
The median listing price in SALEM, OR 97303 is $518,725 as of July 2026, a 0.7% increase from $515,225 the prior year.
Homes in SALEM, OR 97303 spend an average of 42 days on the market before going under contract, compared to 58 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SALEM, OR 97303 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97303 save an estimated $10,375 compared to a typical 5% commission on the median listing price of $518,725. 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.