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Salem, OR Real Estate & Property Data

Last Updated: September 27, 2025

Accurate and comprehensive real estate data is critical for insight into Salem, OR. ATTOM’s Salem real estate data is updated daily, and current market trends show that in Salem, OR a total of 3,374 residential properties have sold over the past year. With a median home price of $446,000 in Salem and a total of 6 foreclosures. Get detailed property data for Salem, OR instantly. ATTOM is your one-stop-shop for the Salem property reports and real estate data you need in Salem, OR.

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Total Residential Properties 71,120

Total Commercial Properties 5,539

Avg. Home Age (Single Family Home) 49 Years

Avg. Square Feet (Single Family Home) 1,814

Total 2025 Residential Sales (year-to-date) 1,790

% of Homes Seriously Underwater (Q3 2025) 0.64%

Total 2024 Residential Sales 2,836

% of Equity Rich Homes (Q3 2025) 47.07%

Effective 2024 Property Tax 0.86%

Total Foreclosure Filings (year-to-date) 72

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Salem, OR Real Estate Overview

There were 3,374 residential properties sold in the past year in Salem, OR. The median home value in Salem, OR is $444,433. There are a total of 71,120 residential properties in the Salem.

Median Sales Price i

$446,000

(Jul 2025)

+5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $446,000
June '25 Jun '25 $445,000
May '25 May '25 $441,000
April '25 Apr '25 $435,000
March '25 Mar '25 $438,500
February '25 Feb '25 $422,000
January '25 Jan '25 $425,000
December '24 Dec '24 $433,250
November '24 Nov '24 $420,000
October '24 Oct '24 $418,950
September '24 Sep '24 $423,000
August '24 Aug '24 $417,000

Median Down Payment i

$40,440

(Jul 2025)

-7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $40,440
June '25 Jun '25 $56,007
May '25 May '25 $60,450
April '25 Apr '25 $59,145
March '25 Mar '25 $42,500
February '25 Feb '25 $36,525
January '25 Jan '25 $45,800
December '24 Dec '24 $40,641
November '24 Nov '24 $24,974
October '24 Oct '24 $44,800
September '24 Sep '24 $49,477
August '24 Aug '24 $32,433

Number of Homes Sold i

299

(Jul 2025)

+29.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 299
June '25 Jun '25 256
May '25 May '25 265
April '25 Apr '25 232
March '25 Mar '25 263
February '25 Feb '25 192
January '25 Jan '25 283
December '24 Dec '24 307
November '24 Nov '24 218
October '24 Oct '24 283
September '24 Sep '24 233
August '24 Aug '24 312

Number of Purchase Loans i

226

(Jul 2025)

+16.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 226
June '25 Jun '25 200
May '25 May '25 215
April '25 Apr '25 187
March '25 Mar '25 180
February '25 Feb '25 148
January '25 Jan '25 219
December '24 Dec '24 231
November '24 Nov '24 182
October '24 Oct '24 252
September '24 Sep '24 201
August '24 Aug '24 261

Number of REFI Loans i

144

(Jul 2025)

+45.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 144
June '25 Jun '25 137
May '25 May '25 152
April '25 Apr '25 130
March '25 Mar '25 132
February '25 Feb '25 120
January '25 Jan '25 172
December '24 Dec '24 155
November '24 Nov '24 119
October '24 Oct '24 147
September '24 Sep '24 120
August '24 Aug '24 104

Number of HELOC Loans i

126

(Jul 2025)

+21.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 126
June '25 Jun '25 114
May '25 May '25 114
April '25 Apr '25 107
March '25 Mar '25 118
February '25 Feb '25 102
January '25 Jan '25 117
December '24 Dec '24 103
November '24 Nov '24 82
October '24 Oct '24 136
September '24 Sep '24 115
August '24 Aug '24 89

Salem, OR Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

97301

$444,433 $245.02/sqft
97302

$466,658 $237.98/sqft
97303

$452,658 $256.77/sqft
97304

$444,433 $245.02/sqft
97305

$422,211 $257.23/sqft
97306

$496,108 $248.7/sqft
97310
97312
97317

$470,699 $251.03/sqft

Salem, OR Foreclosure Activity

There were a total of 6 Salem, OR properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 6 Salem, OR properties and repossessed 1 Salem, OR properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i

(Jul 2025)

-14.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years