Active Listings
156
⇧ 35.7% vs 115 last year
West Salem
Data as of March 2026. Source: Realtor.com.
The SALEM, OR real estate market (97304) currently shows 156 active listings, with 44 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 66 days on market compared to 60 days last year.
The median listing price has fallen 1.9% year-over-year, from $587,000 to $576,125.
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: 34,148 · Density: 232.1/mi² · Median household income: $85,908
Typical home value: $423,370 · Homeownership: 64.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97304 | Salem, OR 97304 | 0.0 mi | 135 | $94,613,265 | $579,325 | $700,839 |
| 97371 | Rickreall, OR 97371 | 4.6 mi | 4 | $5,000,000 | $1,475,000 | $1,250,000 |
| 97302 | Salem, OR 97302 | 7.6 mi | 169 | $109,601,232 | $546,950 | $648,528 |
| 97305 | Salem, OR 97305 | 8.7 mi | 85 | $40,217,665 | $429,925 | $473,149 |
| 97026 | Gervais, OR 97026 | 10.5 mi | 9 | $6,829,488 | $648,500 | $758,832 |
| 97351 | Independence, OR 97351 | 12.1 mi | 31 | $20,291,360 | $440,000 | $654,560 |
| 97114 | Dayton, OR 97114 | 12.3 mi | 10 | $9,072,770 | $749,450 | $907,277 |
| 97128 | Mcminnville, OR 97128 | 15.1 mi | 116 | $85,617,628 | $536,000 | $738,083 |
| 97071 | Woodburn, OR 97071 | 16.4 mi | 134 | $72,327,036 | $429,900 | $539,754 |
| 97378 | Sheridan, OR 97378 | 16.6 mi | 34 | $24,098,622 | $436,788 | $708,783 |
| 97392 | Turner, OR 97392 | 17.1 mi | 29 | $41,495,201 | $1,022,500 | $1,430,869 |
| 97381 | Silverton, OR 97381 | 17.8 mi | 80 | $55,019,440 | $572,175 | $687,743 |
| 97115 | Dundee, OR 97115 | 18.9 mi | 15 | $27,442,485 | $1,443,250 | $1,829,499 |
As of March 2026, there are 156 active listings in SALEM, OR (zip code 97304), compared to 115 the prior year.
The median listing price in SALEM, OR 97304 is $576,125 as of March 2026, a 1.9% decrease from $587,000 the prior year.
Homes in SALEM, OR 97304 spend an average of 66 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SALEM, OR 97304 is currently a Buyer's Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97304 save an estimated $11,523 compared to a typical 5% commission on the median listing price of $576,125. 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.