Population: 34,946 · Density: 416.4/mi² · Median household income: $83,039
Typical home value: $388,749 · Homeownership: 67.0%
Data as of January 2026. Source: Realtor.com.
The SALEM, OR real estate market (97306) currently shows 127 active listings, with 32 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 79 days on market compared to 88 days last year.
The median listing price has fallen 8.5% year-over-year, from $599,950 to $549,000.
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 $ |
|---|---|---|---|---|---|---|
| 97306 | Salem, OR 97306 | 0.0 mi | 127 | $80,051,783 | $549,000 | $630,329 |
| 97351 | Independence, OR 97351 | 4.7 mi | 32 | $19,390,464 | $432,500 | $605,952 |
| 97352 | Jefferson, OR 97352 | 7.2 mi | 17 | $11,645,731 | $599,450 | $685,043 |
| 97301 | Salem, OR 97301 | 8.1 mi | 126 | $53,362,260 | $395,000 | $423,510 |
| 97325 | Aumsville, OR 97325 | 11.2 mi | 14 | $8,927,254 | $615,000 | $637,661 |
| 97371 | Rickreall, OR 97371 | 11.5 mi | 4 | $5,000,000 | $1,475,000 | $1,250,000 |
| 97361 | Monmouth, OR 97361 | 13.3 mi | 30 | $25,437,450 | $663,800 | $847,915 |
| 97305 | Salem, OR 97305 | 13.9 mi | 78 | $37,204,518 | $434,900 | $476,981 |
| 97322 | Albany, OR 97322 | 15.5 mi | 87 | $50,670,105 | $424,450 | $582,415 |
| 97330 | Corvallis, OR 97330 | 17.4 mi | 81 | $63,027,963 | $675,000 | $778,123 |
| 97383 | Stayton, OR 97383 | 18.0 mi | 44 | $26,697,044 | $595,000 | $606,751 |
| 97381 | Silverton, OR 97381 | 18.4 mi | 80 | $54,094,800 | $595,000 | $676,185 |
| 97344 | Falls City, OR 97344 | 19.0 mi | 4 | $1,466,532 | $357,500 | $366,633 |
As of January 2026, there are 127 active listings in SALEM, OR (zip code 97306), compared to 134 the prior year.
The median listing price in SALEM, OR 97306 is $549,000 as of January 2026, a 8.5% decrease from $599,950 the prior year.
Homes in SALEM, OR 97306 spend an average of 79 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SALEM, OR 97306 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 79 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97306 save an estimated $10,980 compared to a typical 5% commission on the median listing price of $549,000. 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.