Salem, OR 97305 Real Estate & Property Data

Salem, OR 97305 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 347 residential properties have been sold over the past 12 months in 97305. With a median sales price of $415,000 in 97305 and a total of 1 foreclosures in Salem, OR 97305. Discover market trends and get the granular level real estate data for Salem, OR 97305 to keep your pulse on the housing market. Curate compelling home reports for Salem, OR 97305 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Salem, OR 97305 Real Estate Market Trends
Total Residential Properties 9,374
Total Commercial Properties 844
Avg. Home Age (Single Family Home) 44 Years
Avg. Square Feet (Single Family Home) 1,641
Total 2025 Residential Sales (year-to-date) 49
% of Homes Seriously Underwater (Q2 2025) 0.69%
Total 2024 Residential Sales 317
% of Equity Rich Homes (Q2 2025) 47.21%
Effective 2024 Property Tax 0.8%
Total Foreclosure Filings (year-to-date) 2
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Salem, OR 97305 Real Estate Overview

There were 347 residential properties sold in the past year in Salem, OR 97305. The median home value in Salem, OR 97305 is $415,095. There are a total of 9,374 residential properties in the 97305.

Median Sales Price i
$415,000
(Feb 2025)
+5.7%
year-over-year
y-o-y
  • February '25 Feb '25 $415,000
  • January '25 Jan '25 $373,000
  • December '24 Dec '24 $450,000
  • November '24 Nov '24 $418,500
  • October '24 Oct '24 $414,975
  • September '24 Sep '24 $409,250
  • August '24 Aug '24 $380,000
  • July '24 Jul '24 $416,400
  • June '24 Jun '24 $402,500
  • May '24 May '24 $437,750
  • April '24 Apr '24 $429,900
  • March '24 Mar '24 $417,727
Median Down Payment i
$47,746
(Feb 2025)
+59.2%
year-over-year
y-o-y
  • February '25 Feb '25 $47,746
  • January '25 Jan '25 $21,450
  • December '24 Dec '24 $17,801
  • November '24 Nov '24 $21,250
  • October '24 Oct '24 $20,000
  • September '24 Sep '24 $14,352
  • August '24 Aug '24 $15,000
  • July '24 Jul '24 $14,175
  • June '24 Jun '24 $18,425
  • May '24 May '24 $40,379
  • April '24 Apr '24 $15,000
  • March '24 Mar '24 $79,490
Number of Homes Sold i
22
(Feb 2025)
-26.7%
year-over-year
y-o-y
  • February '25 Feb '25 22
  • January '25 Jan '25 27
  • December '24 Dec '24 36
  • November '24 Nov '24 22
  • October '24 Oct '24 32
  • September '24 Sep '24 16
  • August '24 Aug '24 42
  • July '24 Jul '24 21
  • June '24 Jun '24 36
  • May '24 May '24 20
  • April '24 Apr '24 18
  • March '24 Mar '24 25
Number of Purchase Loans i
11
(Feb 2025)
-57.7%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 12
  • December '24 Dec '24 28
  • November '24 Nov '24 19
  • October '24 Oct '24 33
  • September '24 Sep '24 17
  • August '24 Aug '24 35
  • July '24 Jul '24 18
  • June '24 Jun '24 36
  • May '24 May '24 15
  • April '24 Apr '24 36
  • March '24 Mar '24 29
Number of REFI Loans i
24
(Feb 2025)
+33.3%
year-over-year
y-o-y
  • February '25 Feb '25 24
  • January '25 Jan '25 18
  • December '24 Dec '24 29
  • November '24 Nov '24 15
  • October '24 Oct '24 27
  • September '24 Sep '24 19
  • August '24 Aug '24 21
  • July '24 Jul '24 7
  • June '24 Jun '24 13
  • May '24 May '24 19
  • April '24 Apr '24 25
  • March '24 Mar '24 18
Number of HELOC Loans i
14
(Feb 2025)
+55.6%
year-over-year
y-o-y
  • February '25 Feb '25 14
  • January '25 Jan '25 9
  • December '24 Dec '24 11
  • November '24 Nov '24 14
  • October '24 Oct '24 24
  • September '24 Sep '24 8
  • August '24 Aug '24 10
  • July '24 Jul '24 12
  • June '24 Jun '24 7
  • May '24 May '24 10
  • April '24 Apr '24 10
  • March '24 Mar '24 12

Salem, OR 97305 Foreclosure Activity

There were a total of 1 Salem, OR 97305 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 1
  • June '24 Jun '24 1
  • May '24 May '24 1
  • April '24 Apr '24 2
  • March '24 Mar '24 4
Foreclosure Starts i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 1
  • June '24 Jun '24 1
  • May '24 May '24 1
  • April '24 Apr '24 2
  • March '24 Mar '24 4
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