The Unshakable Investor

Unshakable ZIP Data 97301 | Salem, OR Housing Market

Salem · Marion County · Salem, OR metro · Oregon · Data updated June 19, 2026

The median sale price in ZIP 97301, Salem, Oregon is $399,381 at $260 per square foot. 119 single-family homes sold in the latest period, down 12.8 percent from a year earlier. Homes sit a median of 42 days on market with 3.4 months of supply. Sellers are getting 99.3 percent of list price and 37.9 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$376,286
Average price per sq ft$245
Median sale price$399,381
Median sale price per sq ft$260
Median home size1,535 sq ft
Median new listing price$406,426+1.6%
National size rank558

Sales activity

MetricValueYear over year
Homes sold119-12.8%
Median days on market42 days
Months of supply3.4 months
New listings155-25.7%
Active listings287-7.2%
Pending sales156-12.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.3%-0.9 pts
Share sold above list37.9%-7.3 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$269,092
2-bedroom
$321,334
3-bedroom
$381,735
4-bedroom
$431,043
5-bedroom
$464,873

These figures describe the single-family market for Salem, Oregon ZIP 97301. They are market context, not a substitute for sold comps or a formal appraisal.