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Salem, OR 97301 Real Estate & Property Data

Salem, OR 97301 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 508 residential properties have been sold over the past 12 months in 97301. With a median sales price of $393,997 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

Get property data for any address in Salem, OR 97301 or the country:

Total Residential Properties 12,066

Total Commercial Properties 1,734

Avg. Home Age (Single Family Home) 70 Years

Avg. Square Feet (Single Family Home) 1,417

Total 2025 Residential Sales (year-to-date) 56

% of Homes Seriously Underwater (Q2 2025) 0.67%

Total 2024 Residential Sales 483

% of Equity Rich Homes (Q2 2025) 45.1%

Effective 2024 Property Tax 0.83%

Total Foreclosure Filings (year-to-date) 1

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Salem, OR 97301 Real Estate Overview

There were 508 residential properties sold in the past year in Salem, OR 97301. The median home value in Salem, OR 97301 is $366,683. There are a total of 12,066 residential properties in the 97301.

Median Sales Price i

$393,997

(Feb 2025)

+12.6%

year-over-year

y-o-y

February '25 Feb '25 $393,997
January '25 Jan '25 $389,900
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 $372,500
July '24 Jul '24 $365,500
June '24 Jun '24 $365,500
May '24 May '24 $331,250
April '24 Apr '24 $353,950
March '24 Mar '24 $385,000

Median Down Payment i

$14,081

(Feb 2025)

-37%

year-over-year

y-o-y

February '25 Feb '25 $14,081
January '25 Jan '25 $25,372
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 $18,000
July '24 Jul '24 $24,125
June '24 Jun '24 $17,753
May '24 May '24 $24,497
April '24 Apr '24 $15,433
March '24 Mar '24 $7,481

Number of Homes Sold i

30

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 30
January '25 Jan '25 26
December '24 Dec '24 45
November '24 Nov '24 35
October '24 Oct '24 55
September '24 Sep '24 41
August '24 Aug '24 50
July '24 Jul '24 43
June '24 Jun '24 46
May '24 May '24 34
April '24 Apr '24 35
March '24 Mar '24 38

Number of Purchase Loans i

22

(Feb 2025)

-18.5%

year-over-year

y-o-y

February '25 Feb '25 22
January '25 Jan '25 29
December '24 Dec '24 38
November '24 Nov '24 34
October '24 Oct '24 48
September '24 Sep '24 42
August '24 Aug '24 46
July '24 Jul '24 50
June '24 Jun '24 48
May '24 May '24 55
April '24 Apr '24 42
March '24 Mar '24 40

Number of REFI Loans i

21

(Feb 2025)

+10.5%

year-over-year

y-o-y

February '25 Feb '25 21
January '25 Jan '25 22
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
July '24 Jul '24 21
June '24 Jun '24 13
May '24 May '24 31
April '24 Apr '24 29
March '24 Mar '24 19

Number of HELOC Loans i

15

(Feb 2025)

+50%

year-over-year

y-o-y

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
July '24 Jul '24 12
June '24 Jun '24 12
May '24 May '24 24
April '24 Apr '24 23
March '24 Mar '24 9

Salem, OR 97301 Real Estate Market Overview

Last 30 days

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Salem, OR 97301 Foreclosure Activity

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

Total Foreclosure Filings i

1

(Feb 2025)

-66.7%

year-over-year

y-o-y

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
July '24 Jul '24 2
June '24 Jun '24 2
May '24 May '24 2
April '24 Apr '24 5
March '24 Mar '24 2

Foreclosure Starts i

1

(Feb 2025)

-66.7%

year-over-year

y-o-y

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
July '24 Jul '24 2
June '24 Jun '24 2
May '24 May '24 2
April '24 Apr '24 5
March '24 Mar '24 2

Completed Foreclosures (REOs) i

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
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Zip Codes

1. 97302
2. 97303
3. 97304
4. 97305
5. 97306
6. 97310

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