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How competitive is the Salem housing market?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
Sold Score
66/100
YoY Good Chance of Selling
Pending ratio
0.55
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
53
YoY days on market
Price cuts
47.8%
YoY of active listings
Salem is competitive as of September 2026, with a Sold Score of 66/100 (Good Chance of Selling). **Pending ratio** is 0.55 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +11.6% — more choices for buyers than a year ago. **Median days on market** is 53. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 47.8% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (September 2026): Sold Score: 66/100 (Good Chance of Selling) · Pending ratio: 0.55 · Inventory YoY: +11.6% · Median days on market: 53 · Sellers cutting price: 47.8% · Median listing price: $189,900 (+4.2% YoY)

Salem snapshot

As of the latest 2026 data
Median listing
$190K
YoY +0.0%
Active inventory
226
YoY +0.1%
Median DOM
53
YoY +0.0%
Pending ratio
0.55
YoY -0.2%
Price-reduced
23.9%
YoY +0.1%

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