Active Listings
127
⇧ 23.3% vs 103 last year
Population: 34,148 · Density: 232.1/mi² · Median household income: $85,908
Typical home value: $423,370 · Homeownership: 64.2%
Data as of January 2026. Source: Realtor.com.
The SALEM, OR real estate market (97304) currently shows 127 active listings, with 27 pending sales. Homes are averaging 99 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 99 days on market compared to 58 days last year.
The median listing price has risen 2.9% year-over-year, from $562,400 to $578,450.
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 $ |
|---|---|---|---|---|---|---|
| 97304 | Salem, OR 97304 | 0.0 mi | 127 | $91,576,144 | $578,450 | $721,072 |
| 97371 | Rickreall, OR 97371 | 4.6 mi | 4 | $5,000,000 | $1,475,000 | $1,250,000 |
| 97302 | Salem, OR 97302 | 7.6 mi | 159 | $100,713,462 | $544,950 | $633,418 |
| 97305 | Salem, OR 97305 | 8.7 mi | 78 | $37,204,518 | $434,900 | $476,981 |
| 97026 | Gervais, OR 97026 | 10.5 mi | 8 | $7,057,976 | $814,500 | $882,247 |
| 97351 | Independence, OR 97351 | 12.1 mi | 32 | $19,390,464 | $432,500 | $605,952 |
| 97114 | Dayton, OR 97114 | 12.3 mi | 10 | $8,413,630 | $634,500 | $841,363 |
| 97128 | Mcminnville, OR 97128 | 15.1 mi | 114 | $84,942,996 | $529,000 | $745,114 |
| 97071 | Woodburn, OR 97071 | 16.4 mi | 125 | $62,400,500 | $439,900 | $499,204 |
| 97378 | Sheridan, OR 97378 | 16.6 mi | 33 | $23,070,663 | $519,000 | $699,111 |
| 97392 | Turner, OR 97392 | 17.1 mi | 27 | $38,897,415 | $994,950 | $1,440,645 |
| 97381 | Silverton, OR 97381 | 17.8 mi | 80 | $54,094,800 | $595,000 | $676,185 |
| 97115 | Dundee, OR 97115 | 18.9 mi | 13 | $23,233,795 | $1,320,000 | $1,787,215 |
As of January 2026, there are 127 active listings in SALEM, OR (zip code 97304), compared to 103 the prior year.
The median listing price in SALEM, OR 97304 is $578,450 as of January 2026, a 2.9% increase from $562,400 the prior year.
Homes in SALEM, OR 97304 spend an average of 99 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 January 2026, SALEM, OR 97304 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 99 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97304 save an estimated $11,569 compared to a typical 5% commission on the median listing price of $578,450. 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.