Salem, OR 97306 Real Estate & Property Data

Salem, OR 97306 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 495 residential properties have been sold over the past 12 months in 97306. With a median sales price of $534,000 in 97306 and a total of 1 foreclosures in Salem, OR 97306. Discover market trends and get the granular level real estate data for Salem, OR 97306 to keep your pulse on the housing market. Curate compelling home reports for Salem, OR 97306 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Salem, OR 97306 Real Estate Market Trends
Total Residential Properties 10,137
Total Commercial Properties 420
Avg. Home Age (Single Family Home) 32 Years
Avg. Square Feet (Single Family Home) 1,995
Total 2025 Residential Sales (year-to-date) 238
% of Homes Seriously Underwater (Q3 2025) 0.68%
Total 2024 Residential Sales 410
% of Equity Rich Homes (Q3 2025) 47.35%
Effective 2024 Property Tax 0.96%
Total Foreclosure Filings (year-to-date) 4
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Salem, OR 97306 Real Estate Overview

There were 495 residential properties sold in the past year in Salem, OR 97306. The median home value in Salem, OR 97306 is $495,770. There are a total of 10,137 residential properties in the 97306.

Median Sales Price i
$534,000
(Jun 2025)
+6%
year-over-year
y-o-y
  • June '25 Jun '25 $534,000
  • May '25 May '25 $510,000
  • April '25 Apr '25 $493,803
  • March '25 Mar '25 $440,000
  • February '25 Feb '25 $440,000
  • January '25 Jan '25 $435,000
  • December '24 Dec '24 $494,500
  • November '24 Nov '24 $407,500
  • October '24 Oct '24 $430,000
  • September '24 Sep '24 $499,900
  • August '24 Aug '24 $445,000
  • July '24 Jul '24 $459,900
Median Down Payment i
$117,800
(Jun 2025)
+53.6%
year-over-year
y-o-y
  • June '25 Jun '25 $117,800
  • May '25 May '25 $80,625
  • April '25 Apr '25 $72,000
  • March '25 Mar '25 $49,750
  • February '25 Feb '25 $64,040
  • January '25 Jan '25 $55,500
  • December '24 Dec '24 $64,000
  • November '24 Nov '24 $19,692
  • October '24 Oct '24 $85,950
  • September '24 Sep '24 $49,955
  • August '24 Aug '24 $49,000
  • July '24 Jul '24 $58,642
Number of Homes Sold i
35
(Jun 2025)
+20.7%
year-over-year
y-o-y
  • June '25 Jun '25 35
  • May '25 May '25 40
  • April '25 Apr '25 39
  • March '25 Mar '25 39
  • February '25 Feb '25 34
  • January '25 Jan '25 51
  • December '24 Dec '24 51
  • November '24 Nov '24 28
  • October '24 Oct '24 33
  • September '24 Sep '24 38
  • August '24 Aug '24 41
  • July '24 Jul '24 37
Number of Purchase Loans i
27
(Jun 2025)
+35%
year-over-year
y-o-y
  • June '25 Jun '25 27
  • May '25 May '25 34
  • April '25 Apr '25 28
  • March '25 Mar '25 21
  • February '25 Feb '25 28
  • January '25 Jan '25 34
  • December '24 Dec '24 41
  • November '24 Nov '24 20
  • October '24 Oct '24 33
  • September '24 Sep '24 33
  • August '24 Aug '24 36
  • July '24 Jul '24 28
Number of REFI Loans i
19
(Jun 2025)
+46.2%
year-over-year
y-o-y
  • June '25 Jun '25 19
  • May '25 May '25 21
  • April '25 Apr '25 23
  • March '25 Mar '25 19
  • February '25 Feb '25 13
  • January '25 Jan '25 21
  • December '24 Dec '24 20
  • November '24 Nov '24 25
  • October '24 Oct '24 14
  • September '24 Sep '24 9
  • August '24 Aug '24 14
  • July '24 Jul '24 15
Number of HELOC Loans i
19
(Jun 2025)
+72.7%
year-over-year
y-o-y
  • June '25 Jun '25 19
  • May '25 May '25 17
  • April '25 Apr '25 11
  • March '25 Mar '25 19
  • February '25 Feb '25 14
  • January '25 Jan '25 21
  • December '24 Dec '24 20
  • November '24 Nov '24 9
  • October '24 Oct '24 24
  • September '24 Sep '24 16
  • August '24 Aug '24 9
  • July '24 Jul '24 20

Salem, OR 97306 Foreclosure Activity

There were a total of 1 Salem, OR 97306 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 2
Foreclosure Starts i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 2
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