Salem, OR 97301 Real Estate & Property Data

Salem, OR 97301 Real Estate Market Trends
Last Updated: September 27, 2025

A total of 552 residential properties have been sold over the past 12 months in 97301. With a median sales price of $360,000 in 97301 and a total of 1 foreclosures in Salem, OR 97301. Discover market trends and get the granular level real estate data for Salem, OR 97301 to keep your pulse on the housing market. Curate compelling home reports for Salem, OR 97301 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Salem, OR 97301 Real Estate Market Trends
Total Residential Properties 12,070
Total Commercial Properties 1,715
Avg. Home Age (Single Family Home) 70 Years
Avg. Square Feet (Single Family Home) 1,417
Total 2025 Residential Sales (year-to-date) 279
% of Homes Seriously Underwater (Q3 2025) 0.76%
Total 2024 Residential Sales 488
% of Equity Rich Homes (Q3 2025) 44.72%
Effective 2024 Property Tax 0.82%
Total Foreclosure Filings (year-to-date) 12
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Salem, OR 97301 Real Estate Overview

There were 552 residential properties sold in the past year in Salem, OR 97301. The median home value in Salem, OR 97301 is $377,880. There are a total of 12,070 residential properties in the 97301.

Median Sales Price i
$360,000
(Jul 2025)
-1.5%
year-over-year
y-o-y
  • July '25 Jul '25 $360,000
  • June '25 Jun '25 $366,500
  • May '25 May '25 $372,000
  • April '25 Apr '25 $350,000
  • March '25 Mar '25 $365,000
  • February '25 Feb '25 $393,997
  • January '25 Jan '25 $374,900
  • December '24 Dec '24 $355,500
  • November '24 Nov '24 $367,000
  • October '24 Oct '24 $359,000
  • September '24 Sep '24 $351,586
  • August '24 Aug '24 $375,000
Median Down Payment i
$21,562
(Jul 2025)
-10.6%
year-over-year
y-o-y
  • July '25 Jul '25 $21,562
  • June '25 Jun '25 $12,660
  • May '25 May '25 $38,750
  • April '25 Apr '25 $18,000
  • March '25 Mar '25 $44,925
  • February '25 Feb '25 $14,081
  • January '25 Jan '25 $49,000
  • December '24 Dec '24 $30,000
  • November '24 Nov '24 $10,780
  • October '24 Oct '24 $20,700
  • September '24 Sep '24 $25,880
  • August '24 Aug '24 $18,250
Number of Homes Sold i
55
(Jul 2025)
+27.9%
year-over-year
y-o-y
  • July '25 Jul '25 55
  • June '25 Jun '25 43
  • May '25 May '25 48
  • April '25 Apr '25 35
  • March '25 Mar '25 40
  • February '25 Feb '25 30
  • January '25 Jan '25 28
  • December '24 Dec '24 45
  • November '24 Nov '24 35
  • October '24 Oct '24 57
  • September '24 Sep '24 41
  • August '24 Aug '24 52
Number of Purchase Loans i
44
(Jul 2025)
-12%
year-over-year
y-o-y
  • July '25 Jul '25 44
  • June '25 Jun '25 35
  • May '25 May '25 50
  • April '25 Apr '25 31
  • March '25 Mar '25 30
  • February '25 Feb '25 22
  • January '25 Jan '25 33
  • December '24 Dec '24 38
  • November '24 Nov '24 34
  • October '24 Oct '24 48
  • September '24 Sep '24 42
  • August '24 Aug '24 48
Number of REFI Loans i
24
(Jul 2025)
+14.3%
year-over-year
y-o-y
  • July '25 Jul '25 24
  • June '25 Jun '25 29
  • May '25 May '25 28
  • April '25 Apr '25 27
  • March '25 Mar '25 21
  • February '25 Feb '25 21
  • January '25 Jan '25 31
  • December '24 Dec '24 35
  • November '24 Nov '24 19
  • October '24 Oct '24 25
  • September '24 Sep '24 26
  • August '24 Aug '24 24
Number of HELOC Loans i
15
(Jul 2025)
+25%
year-over-year
y-o-y
  • July '25 Jul '25 15
  • June '25 Jun '25 11
  • May '25 May '25 18
  • April '25 Apr '25 20
  • March '25 Mar '25 13
  • February '25 Feb '25 15
  • January '25 Jan '25 7
  • December '24 Dec '24 11
  • November '24 Nov '24 14
  • October '24 Oct '24 13
  • September '24 Sep '24 14
  • August '24 Aug '24 19

Salem, OR 97301 Foreclosure Activity

There were a total of 1 Salem, OR 97301 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i
1
(Jul 2025)
-50%
year-over-year
y-o-y
  • July '25 Jul '25 1
  • June '25 Jun '25 2
  • May '25 May '25 8
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
Foreclosure Starts i
1
(Jul 2025)
-50%
year-over-year
y-o-y
  • July '25 Jul '25 1
  • June '25 Jun '25 2
  • May '25 May '25 8
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
Completed Foreclosures (REOs) i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
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