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 market is currently characterized by a Cooling dynamic, with a pending ratio of 0.35 indicating that demand absorption is lagging inventory. Active listings have expanded by 18.8% over the past year, while the median listing price has experienced a 4.1% year-over-year decline.
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 · Jun 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.
Over the past year, active listings increased by 18.8%, complemented by a 9.9% rise in new listings. This expansion of available supply contributed to a 7.9% year-over-year decline in the pending ratio, which currently stands at 0.35. Median listing prices have softened, registering a 4.1% decrease compared to the prior year, alongside a modest 0.6% reduction in median price per square foot.
“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
In this Cooling environment, the elevated inventory levels and decelerating demand absorption suggest that buyers may experience greater flexibility in negotiations. The expanding supply pipeline contributes to a shift in market dynamics, potentially requiring sellers to exercise greater price discipline to align with current absorption trends and reduced competitive pressures.
No distinct luxury-segment signal in this dataset.
1,440 active listings represent the current floor, with new supply arriving at roughly 556 per month.
of active listings carry a price reduction, +1.4% from prior period.
Median price per square foot has moved -0.6% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Salem, OR? Inventory is up 19% 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
- 35%
- Median Days on Market
- 51 days
- Inventory YoY
- +19%
In a buyer's market, strategy beats timing. See how your home scores in Salem, OR and what moves the number.
See my Sold Score & selling strategy →The Monthly Briefing
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Metro Demographics
ZIPs in Salem, OR
97367
lincoln city
$575K
225 active · 92 DOM
97304
salem
$574K
169 active · 58 DOM
97306
salem
$575K
161 active · 45 DOM
97302
salem
$525K
159 active · 49 DOM
97338
dallas
$539K
150 active · 36 DOM
97301
salem
$397K
130 active · 47 DOM
97303
salem
$519K
110 active · 42 DOM
97330
corvallis
$710K
106 active · 50 DOM
97321
albany
$600K
105 active · 54 DOM
97355
lebanon
$460K
102 active · 56 DOM
97365
newport
$582K
96 active · 61 DOM
97322
albany
$448K
79 active · 36 DOM
97305
salem
$445K
78 active · 46 DOM
97381
silverton
$602K
74 active · 54 DOM
97386
sweet home
$374K
72 active · 59 DOM
97394
waldport
$569K
70 active · 84 DOM
97341
depoe bay
$630K
67 active · 72 DOM
97317
salem
$599K
56 active · 55 DOM
Sorted by active inventory · click a ZIP for its full report
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