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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
34/100
YoY Challenging Market Conditions
Pending ratio
0.30
YoY contracts vs active
Inventory YoY
+0.2%
YoY active listings
Median DOM
65
YoY days on market
Price cuts
49.3%
YoY of active listings
Salem is moderately competitive as of September 2026, with a Sold Score of 34/100 (Challenging Market Conditions). **Pending ratio** is 0.30 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +21.5% — more choices for buyers than a year ago. **Median days on market** is 65. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 49.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (September 2026): Sold Score: 34/100 (Challenging Market Conditions) · Pending ratio: 0.30 · Inventory YoY: +21.5% · Median days on market: 65 · Sellers cutting price: 49.3% · Median listing price: $517,000 (-2.3% YoY)

Salem snapshot

As of the latest 2026 data
Median listing
$517K
YoY -0.0%
Active inventory
1,533
YoY +0.2%
Median DOM
65
YoY 0.0%
Pending ratio
0.30
YoY -0.1%
Price-reduced
31.1%
YoY +0.0%

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