Central Area · East Lancaster (ELNA) · Grant · Northeast Neighbors (NEN) · Northeast Salem · Southeast Mill Creek (SEMC) · Southeast Salem
Data as of February 2026. Source: Realtor.com.
The SALEM, OR real estate market (97301) currently shows 148 active listings, with 58 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.
Homes are selling faster, averaging 45 days on market compared to 57 days last year.
The median listing price has fallen 0.1% year-over-year, from $399,948 to $399,675.
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: 55,386 · Density: 1,891.6/mi² · Median household income: $53,113
Typical home value: $273,572 · Homeownership: 42.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97301 | Salem, OR 97301 | 0.0 mi | 126 | $53,362,260 | $395,000 | $423,510 |
| 97302 | Salem, OR 97302 | 4.5 mi | 159 | $100,713,462 | $544,950 | $633,418 |
| 97317 | Salem, OR 97317 | 5.8 mi | 55 | $41,622,570 | $694,000 | $756,774 |
| 97304 | Salem, OR 97304 | 6.5 mi | 127 | $91,576,144 | $578,450 | $721,072 |
| 97371 | Rickreall, OR 97371 | 9.9 mi | 4 | $5,000,000 | $1,475,000 | $1,250,000 |
| 97026 | Gervais, OR 97026 | 11.1 mi | 8 | $7,057,976 | $814,500 | $882,247 |
| 97392 | Turner, OR 97392 | 11.4 mi | 27 | $38,897,415 | $994,950 | $1,440,645 |
| 97352 | Jefferson, OR 97352 | 13.8 mi | 17 | $11,645,731 | $599,450 | $685,043 |
| 97101 | Amity, OR 97101 | 14.3 mi | 20 | $19,547,440 | $899,250 | $977,372 |
| 97071 | Woodburn, OR 97071 | 15.6 mi | 125 | $62,400,500 | $439,900 | $499,204 |
| 97114 | Dayton, OR 97114 | 16.5 mi | 10 | $8,413,630 | $634,500 | $841,363 |
| 97137 | Saint Paul, OR 97137 | 18.1 mi | 5 | $8,538,000 | $1,000,000 | $1,707,600 |
| 97375 | Scotts Mills, OR 97375 | 19.8 mi | 4 | $5,324,000 | $1,300,000 | $1,331,000 |
As of February 2026, there are 148 active listings in SALEM, OR (zip code 97301), compared to 108 the prior year.
The median listing price in SALEM, OR 97301 is $399,675 as of February 2026, a 0.1% decrease from $399,948 the prior year.
Homes in SALEM, OR 97301 spend an average of 45 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SALEM, OR 97301 is currently a Balanced Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97301 save an estimated $7,994 compared to a typical 5% commission on the median listing price of $399,675. 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.