Data as of February 2026. Source: Realtor.com.
The Salem, OR real estate market currently shows 837 active listings, with 269 pending sales. Homes are averaging 63.9 days on the market before going under contract.
Inventory has increased compared to last year, with 176 more homes available — giving buyers more choice.
Homes are selling faster, averaging 63.9 days on market compared to 73.9 days last year.
The median listing price has fallen 0.8% year-over-year, from $516,833 to $512,534.
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: 278,982 · Density: 736.7/mi² · Median household income: $72,341
Typical home value: $349,908 · Homeownership: 58.5%
Salem: 97301, 97302, 97303, 97304, 97305, 97306, 97308, 97309, 97310, 97311, 97312, 97314