East Lancaster (ELNA) · NOLA (North Lancaster) · Northeast Salem · Northgate
Data as of March 2026. Source: Realtor.com.
The SALEM, OR real estate market (97305) currently shows 92 active listings, with 30 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are selling faster, averaging 40 days on market compared to 59 days last year.
The median listing price has fallen 0.2% year-over-year, from $429,900 to $429,200.
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: 44,994 · Density: 367.9/mi² · Median household income: $65,299
Typical home value: $307,776 · Homeownership: 53.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97305 | Salem, OR 97305 | 0.0 mi | 85 | $40,217,665 | $429,925 | $473,149 |
| 97301 | Salem, OR 97301 | 5.9 mi | 148 | $63,119,484 | $399,675 | $426,483 |
| 97317 | Salem, OR 97317 | 7.9 mi | 61 | $45,274,444 | $628,000 | $742,204 |
| 97362 | Mount Angel, OR 97362 | 8.6 mi | 12 | $8,989,500 | $652,500 | $749,125 |
| 97381 | Silverton, OR 97381 | 9.4 mi | 80 | $55,019,440 | $572,175 | $687,743 |
| 97302 | Salem, OR 97302 | 10.4 mi | 169 | $109,601,232 | $546,950 | $648,528 |
| 97032 | Hubbard, OR 97032 | 13.3 mi | 8 | $4,082,392 | $497,000 | $510,299 |
| 97114 | Dayton, OR 97114 | 13.5 mi | 10 | $9,072,770 | $749,450 | $907,277 |
| 97306 | Salem, OR 97306 | 13.9 mi | 135 | $90,125,730 | $562,000 | $667,598 |
| 97101 | Amity, OR 97101 | 14.9 mi | 24 | $27,144,936 | $795,667 | $1,131,039 |
| 97375 | Scotts Mills, OR 97375 | 16.2 mi | 8 | $9,929,784 | $1,164,975 | $1,241,223 |
| 97351 | Independence, OR 97351 | 17.2 mi | 31 | $20,291,360 | $440,000 | $654,560 |
| 97127 | Lafayette, OR 97127 | 18.2 mi | 32 | $15,228,480 | $468,450 | $475,890 |
As of March 2026, there are 92 active listings in SALEM, OR (zip code 97305), compared to 69 the prior year.
The median listing price in SALEM, OR 97305 is $429,200 as of March 2026, a 0.2% decrease from $429,900 the prior year.
Homes in SALEM, OR 97305 spend an average of 40 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SALEM, OR 97305 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97305 save an estimated $8,584 compared to a typical 5% commission on the median listing price of $429,200. 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.