Croisan (Croisan-Illahe) · Faye Wright · Morningside · South Central · South Salem · Southeast Mill Creek (SEMC) · Southeast Salem · Sunnyslope
Data as of February 2026. Source: Realtor.com.
The SALEM, OR real estate market (97302) currently shows 169 active listings, with 50 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice.
Homes are selling faster, averaging 58 days on market compared to 77 days last year.
The median listing price has risen 0.4% year-over-year, from $544,896 to $546,950.
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: 41,382 · Density: 681.3/mi² · Median household income: $80,439
Typical home value: $384,282 · Homeownership: 62.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97302 | Salem, OR 97302 | 0.0 mi | 159 | $100,713,462 | $544,950 | $633,418 |
| 97301 | Salem, OR 97301 | 4.5 mi | 126 | $53,362,260 | $395,000 | $423,510 |
| 97351 | Independence, OR 97351 | 6.8 mi | 32 | $19,390,464 | $432,500 | $605,952 |
| 97317 | Salem, OR 97317 | 7.9 mi | 55 | $41,622,570 | $694,000 | $756,774 |
| 97303 | Salem, OR 97303 | 9.1 mi | 86 | $43,652,912 | $474,900 | $507,592 |
| 97305 | Salem, OR 97305 | 10.4 mi | 78 | $37,204,518 | $434,900 | $476,981 |
| 97325 | Aumsville, OR 97325 | 11.6 mi | 14 | $8,927,254 | $615,000 | $637,661 |
| 97101 | Amity, OR 97101 | 15.0 mi | 20 | $19,547,440 | $899,250 | $977,372 |
| 97361 | Monmouth, OR 97361 | 15.7 mi | 30 | $25,437,450 | $663,800 | $847,915 |
| 97385 | Sublimity, OR 97385 | 16.7 mi | 14 | $11,320,260 | $749,000 | $808,590 |
| 97383 | Stayton, OR 97383 | 18.5 mi | 44 | $26,697,044 | $595,000 | $606,751 |
| 97322 | Albany, OR 97322 | 19.3 mi | 87 | $50,670,105 | $424,450 | $582,415 |
| 97344 | Falls City, OR 97344 | 19.7 mi | 4 | $1,466,532 | $357,500 | $366,633 |
As of February 2026, there are 169 active listings in SALEM, OR (zip code 97302), compared to 120 the prior year.
The median listing price in SALEM, OR 97302 is $546,950 as of February 2026, a 0.4% increase from $544,896 the prior year.
Homes in SALEM, OR 97302 spend an average of 58 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SALEM, OR 97302 is currently a Balanced Market. Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, OR 97302 save an estimated $10,939 compared to a typical 5% commission on the median listing price of $546,950. 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.