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Salem, OR 97317 Real Estate & Property Data

Salem, OR 97317 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 217 residential properties have been sold over the past 12 months in 97317. With a median sales price of $453,500 in 97317 and a total of 1 foreclosures in Salem, OR 97317. Discover market trends and get the granular level real estate data for Salem, OR 97317 to keep your pulse on the housing market. Curate compelling home reports for Salem, OR 97317 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 6,489

Total Commercial Properties 482

Avg. Home Age (Single Family Home) 47 Years

Avg. Square Feet (Single Family Home) 1,875

Total 2025 Residential Sales (year-to-date) 42

% of Homes Seriously Underwater (Q2 2025) 0.49%

Total 2024 Residential Sales 189

% of Equity Rich Homes (Q2 2025) 50.71%

Effective 2024 Property Tax 0.68%

Total Foreclosure Filings (year-to-date) 3

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Salem, OR 97317 Real Estate Overview

There were 217 residential properties sold in the past year in Salem, OR 97317. The median home value in Salem, OR 97317 is $449,329. There are a total of 6,489 residential properties in the 97317.

Median Sales Price i

$453,500

(Feb 2025)

+19.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $453,500
January '25 Jan '25 $460,000
December '24 Dec '24 $400,000
November '24 Nov '24 $509,000
October '24 Oct '24 $400,000
September '24 Sep '24 $400,450
August '24 Aug '24 $407,500
July '24 Jul '24 $550,000
June '24 Jun '24 $580,000
May '24 May '24 $502,450
April '24 Apr '24 $390,500
March '24 Mar '24 $392,500

Median Down Payment i

$32,500

(Feb 2025)

-58.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $32,500
January '25 Jan '25 $49,250
December '24 Dec '24 $100,000
November '24 Nov '24 $86,250
October '24 Oct '24 $59,000
September '24 Sep '24 $32,392
August '24 Aug '24 $34,375
July '24 Jul '24 $80,000
June '24 Jun '24 $86,000
May '24 May '24 $150,000
April '24 Apr '24 $96,000
March '24 Mar '24 $73,700

Number of Homes Sold i

(Feb 2025)

+66.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 20
January '25 Jan '25 22
December '24 Dec '24 30
November '24 Nov '24 11
October '24 Oct '24 23
September '24 Sep '24 16
August '24 Aug '24 17
July '24 Jul '24 14
June '24 Jun '24 19
May '24 May '24 8
April '24 Apr '24 10
March '24 Mar '24 15

Number of Purchase Loans i

(Feb 2025)

+58.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 19
January '25 Jan '25 22
December '24 Dec '24 22
November '24 Nov '24 8
October '24 Oct '24 19
September '24 Sep '24 12
August '24 Aug '24 14
July '24 Jul '24 8
June '24 Jun '24 15
May '24 May '24 13
April '24 Apr '24 11
March '24 Mar '24 13

Number of REFI Loans i

(Feb 2025)

-61.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 5
January '25 Jan '25 15
December '24 Dec '24 10
November '24 Nov '24 12
October '24 Oct '24 9
September '24 Sep '24 10
August '24 Aug '24 5
July '24 Jul '24 8
June '24 Jun '24 10
May '24 May '24 15
April '24 Apr '24 15
March '24 Mar '24 12

Number of HELOC Loans i

(Feb 2025)

+50%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 12
January '25 Jan '25 12
December '24 Dec '24 8
November '24 Nov '24 7
October '24 Oct '24 5
September '24 Sep '24 10
August '24 Aug '24 7
July '24 Jul '24 7
June '24 Jun '24 11
May '24 May '24 8
April '24 Apr '24 7
March '24 Mar '24 5

Salem, OR 97317 Real Estate Market Overview

Last 30 days

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Salem, OR 97317 Foreclosure Activity

There were a total of 1 Salem, OR 97317 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1 Salem, OR 97317 properties and repossessed 1 Salem, OR 97317 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years