Faye Wright · South Gateway · Sunnyslope
Data as of July 2026. Source: Realtor.com.
The SALEM, OR real estate market (97306) currently shows 203 active listings, with 45 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.
Homes are selling faster, averaging 45 days on market compared to 52 days last year.
The median listing price has fallen 3.1% year-over-year, from $593,725 to $575,132.
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: 34,946 · 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 July 2026, there are 203 active listings in SALEM, OR (zip code 97306), compared to 176 the prior year.
The median listing price in SALEM, OR 97306 is $575,132 as of July 2026, a 3.1% decrease from $593,725 the prior year.
Homes in SALEM, OR 97306 spend an average of 45 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SALEM, OR 97306 is currently a Balanced Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97306 save an estimated $11,503 compared to a typical 5% commission on the median listing price of $575,132. 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.