The Unshakable Investor

Unshakable ZIP Data 97306 | Salem, OR Housing Market

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

The median sale price in ZIP 97306, Salem, Oregon is $508,849 at $281 per square foot. 109 single-family homes sold in the latest period, up 3.9 percent from a year earlier. Homes sit a median of 62 days on market with 4.3 months of supply. Sellers are getting 98.9 percent of list price and 11.3 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$503,991
Average price per sq ft$278
Median sale price$508,849
Median sale price per sq ft$281
Median home size1,811 sq ft
Median new listing price$537,803+5.5%
National size rank3,174

Sales activity

MetricValueYear over year
Homes sold109+3.9%
Median days on market62 days
Months of supply4.3 months
New listings167+8.8%
Active listings273+8.5%
Pending sales138+12.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.9%-0.6 pts
Share sold above list11.3%-12.5 pts

Bedroom value anchors

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

2-bedroom
$356,732
3-bedroom
$465,186
4-bedroom
$598,477
5-bedroom
$686,421

These figures describe the single-family market for Salem, Oregon ZIP 97306. They are market context, not a substitute for sold comps or a formal appraisal.