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INDEPENDENCE, OR 97351

Real Estate Market Report  ·  Marion County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
32
⇧ 28% vs 25 last year
Pending
10
31% pending ratio
Median Price
$432,500
⇩ 20.6% vs $544,375 last year
Average Price
$605,952
⇩ 20.4% vs $761,713 last year
Days on Market
118
⇧ 11.3% vs 106 days last year

Market Context

Population: 11,144  ·  Density: 82.3/mi²  ·  Median household income: $76,385

Typical home value: $313,568  ·  Homeownership: 61.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The INDEPENDENCE, OR real estate market (97351) currently shows 32 active listings, with 10 pending sales. Homes are averaging 118 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 118 days on market compared to 106 days last year.

The median listing price has fallen 20.6% year-over-year, from $544,375 to $432,500.

Whether you are buying or selling in INDEPENDENCE, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 25 last year
  • Days on market: 118 now vs 106 last year

Median & Average Pricing

Year over Year
  • Median: $432,500 (-20.6% YoY)
  • Average: $605,952 (-20.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 713 listings ($446,413,826 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97351Independence, OR 973510.0 mi32$19,390,464$432,500$605,952
97302Salem, OR 973026.8 mi159$100,713,462$544,950$633,418
97352Jefferson, OR 973529.6 mi17$11,645,731$599,450$685,043
97371Rickreall, OR 9737110.5 mi4$5,000,000$1,475,000$1,250,000
97301Salem, OR 9730111.3 mi126$53,362,260$395,000$423,510
97304Salem, OR 9730412.1 mi127$91,576,144$578,450$721,072
97317Salem, OR 9731713.8 mi55$41,622,570$694,000$756,774
97330Corvallis, OR 9733014.8 mi81$63,027,963$675,000$778,123
97325Aumsville, OR 9732515.8 mi14$8,927,254$615,000$637,661
97305Salem, OR 9730517.1 mi78$37,204,518$434,900$476,981
97335Crabtree, OR 9733520.0 mi2$1,098,000$549,000$549,000
97389Tangent, OR 9738921.5 mi4$1,525,200$369,900$381,300
97385Sublimity, OR 9738521.9 mi14$11,320,260$749,000$808,590

Frequently Asked Questions

How many homes are for sale in INDEPENDENCE, OR 97351?

As of January 2026, there are 32 active listings in INDEPENDENCE, OR (zip code 97351), compared to 25 the prior year.

What is the median home price in INDEPENDENCE, OR 97351?

The median listing price in INDEPENDENCE, OR 97351 is $432,500 as of January 2026, a 20.6% decrease from $544,375 the prior year.

How long do homes stay on the market in INDEPENDENCE, OR?

Homes in INDEPENDENCE, OR 97351 spend an average of 118 days on the market before going under contract, compared to 106 days the prior year.

Is it a seller's or buyer's market in INDEPENDENCE, OR 97351?

Based on current inventory and days-on-market data as of January 2026, INDEPENDENCE, OR 97351 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 118 days on market compared to 106 days last year.

How much can I save on real estate commission in INDEPENDENCE, OR?

With SELL123.com's maximum 3% commission, sellers in INDEPENDENCE, OR 97351 save an estimated $8,650 compared to a typical 5% commission on the median listing price of $432,500. 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.