The Unshakable Investor

Unshakable ZIP Data 97302 | Salem, OR Housing Market

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

The median sale price in ZIP 97302, Salem, Oregon is $449,866 at $268 per square foot. 146 single-family homes sold in the latest period, up 12.5 percent from a year earlier. Homes sit a median of 63 days on market with 3.9 months of supply. Sellers are getting 99.4 percent of list price and 21.1 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$469,778
Average price per sq ft$279
Median sale price$449,866
Median sale price per sq ft$268
Median home size1,681 sq ft
Median new listing price$495,688-3.5%
National size rank1,567

Sales activity

MetricValueYear over year
Homes sold146+12.5%
Median days on market63 days
Months of supply3.9 months
New listings185+2.1%
Active listings330+15.1%
Pending sales185+25.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.4%-0.7 pts
Share sold above list21.1%-12.7 pts

Bedroom value anchors

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

2-bedroom
$351,054
3-bedroom
$447,786
4-bedroom
$560,056
5-bedroom
$635,048

These figures describe the single-family market for Salem, Oregon ZIP 97302. They are market context, not a substitute for sold comps or a formal appraisal.