Faye Wright · South Gateway · Sunnyslope
Data as of September 2026. Source: Realtor.com.
The SALEM, OR real estate market (97306) currently shows 227 active listings, with 58 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 70 more homes available — giving buyers more choice.
Homes are selling faster, averaging 69 days on market compared to 79 days last year.
The median listing price has risen 3.3% year-over-year, from $549,950 to $568,121.
Population: 34,946 · Density: 416.4/mi² · Median household income: $83,039
Typical home value: $388,749 · Homeownership: 67.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97306 | Salem, OR 97306 | 0.0 mi | 135 | $90,125,730 | $562,000 | $667,598 |
| 97351 | Independence, OR 97351 | 4.7 mi | 31 | $20,291,360 | $440,000 | $654,560 |
| 97352 | Jefferson, OR 97352 | 7.2 mi | 18 | $38,512,818 | $635,000 | $2,139,601 |
| 97301 | Salem, OR 97301 | 8.1 mi | 148 | $63,119,484 | $399,675 | $426,483 |
| 97325 | Aumsville, OR 97325 | 11.2 mi | 16 | $10,883,584 | $568,700 | $680,224 |
| 97371 | Rickreall, OR 97371 | 11.5 mi | 4 | $5,000,000 | $1,475,000 | $1,250,000 |
| 97361 | Monmouth, OR 97361 | 13.3 mi | 34 | $22,544,176 | $570,000 | $663,064 |
| 97305 | Salem, OR 97305 | 13.9 mi | 85 | $40,217,665 | $429,925 | $473,149 |
| 97322 | Albany, OR 97322 | 15.5 mi | 98 | $48,783,812 | $429,450 | $497,794 |
| 97330 | Corvallis, OR 97330 | 17.4 mi | 88 | $66,108,416 | $671,343 | $751,232 |
| 97383 | Stayton, OR 97383 | 18.0 mi | 42 | $25,430,748 | $588,675 | $605,494 |
| 97381 | Silverton, OR 97381 | 18.4 mi | 80 | $55,019,440 | $572,175 | $687,743 |
| 97344 | Falls City, OR 97344 | 19.0 mi | 6 | $2,452,680 | $470,000 | $408,780 |
As of September 2026, there are 227 active listings in SALEM, OR (zip code 97306), compared to 157 the prior year.
The median listing price in SALEM, OR 97306 is $568,121 as of September 2026, a 3.3% increase from $549,950 the prior year.
Homes in SALEM, OR 97306 spend an average of 69 days on the market before going under contract, compared to 79 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SALEM, OR 97306 is currently a Balanced Market. Inventory has increased compared to last year, with 70 more homes available — giving buyers more choice. Homes are selling faster, averaging 69 days on market compared to 79 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97306 save an estimated $11,362 compared to a typical 5% commission on the median listing price of $568,121. 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.