OR · Metro #126

Salem - OR housing market

Current home values, days on market, and price-cut activity for the Salem - OR metro. Data refreshed from Zillow Research monthly.

Typical home value
$450,410
+0.4% vs. year ago
Median list price
$499,133
Days on market
36.0d
Listings w/ price cut
24.4%
Context

How to read this data

The typical home value ($450,410) is the Zillow Home Value Index for the Salem - OR metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.4% over the past year. In Salem - OR, that means a home worth $448,616 last year is now worth roughly $450,410.

Homes listed in Salem - OR sit on the market for roughly 36.0 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in OR

MetroHome value1-yr changeDays on market
Portland - OR$549,144 -1.2% 23.0d
Eugene - OR$452,764 -0.1% 23.0d
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