Salem, OR
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Salem market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Salem, OR.
The Salem, OR market is exhibiting Cooling conditions, primarily driven by a pending ratio of 0.30, indicating demand absorption is lagging inventory. Active listings have expanded by 21.5% year-over-year, contributing to the shift.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Sep 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Salem market right now.
Inventory growth remains a significant factor, with active listings increasing by 21.5% over the past year. This expansion in available supply coincides with a year-over-year decline in new listings by 7.9% and a decrease in the pending ratio of 9.6% from prior year levels. Median listing prices have experienced a modest year-over-year decline of 2.3%, alongside a 1.2% reduction in median price per square foot. The share of price reductions has also increased by 5.0% over the past year, indicating adjustments in seller expectations.
“Local pricing and inventory dynamics across Salem shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The current market environment suggests a reduced sense of urgency for acquisitions. Expanding inventory levels and a lower pending ratio generally translate to increased opportunities for price negotiations and a longer marketing period for properties. Price discipline is likely under greater scrutiny as demand absorption continues to moderate against growing supply.
No distinct luxury-segment signal in this dataset.
1,533 active listings represent the current floor, with new supply arriving at roughly 372 per month.
of active listings carry a price reduction, +5.0% from prior period.
Median price per square foot has moved -1.2% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Salem, OR? Inventory is up 21% from last year.
Buyers have leverage in Salem, OR. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 30%
- Median Days on Market
- 65 days
- Inventory YoY
- +21%
In a buyer's market, strategy beats timing. See how your home scores in Salem, OR and what moves the number.
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Metro Demographics
ZIPs in Salem, OR
97367
lincoln city
$585K
214 active · 101 DOM
97306
salem
$568K
170 active · 69 DOM
97304
salem
$562K
169 active · 65 DOM
97338
dallas
$531K
165 active · 84 DOM
97302
salem
$531K
163 active · 61 DOM
97301
salem
$385K
139 active · 54 DOM
97330
corvallis
$680K
130 active · 63 DOM
97303
salem
$487K
118 active · 48 DOM
97322
albany
$448K
109 active · 50 DOM
97355
lebanon
$428K
109 active · 52 DOM
97321
albany
$590K
108 active · 55 DOM
97365
newport
$569K
106 active · 83 DOM
97394
waldport
$527K
84 active · 98 DOM
97305
salem
$440K
84 active · 61 DOM
97381
silverton
$570K
77 active · 75 DOM
97386
sweet home
$365K
71 active · 79 DOM
97341
depoe bay
$672K
69 active · 85 DOM
97317
salem
$826K
56 active · 73 DOM
Sorted by active inventory · click a ZIP for its full report
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