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Market Intelligence · OR / Marion County

Salem, OR housing market

7 ZIP markets liveData updated June 2026Typical value$460K1-yr changeUp1.1%

The median home value in Salem, OR is $460K as of June 2026, up 1.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Salem, by the numbers.

Typical home valueZillow ZHVI, June 2026
$460K
1-yr changeMedian across Salem ZIPs
+1.1%
ZIP markets live13 tracked in Salem
7
County
Marion County

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12-month value trend

+1.1% over 12 months

Typical home value in Salem over the last 12 months: $456K in Jun 2025 to $460K in Jun 2026 (+1.1%).

Jun 2025$456K

Jun 2026$460K

Median Zillow home value index across Salem's ZIP codes.

Context

The typical Salem home carries a Zillow value of $460,475 as of June 2026, a 12-month move of +1.1%. On the listing side, Realtor.com counts 784 homes on the market, 350 newly listed, and a median asking price of $522,300 in June 2026. A typical listing takes 47 days to sell, and 24.2% of active homes have seen a price reduction. The read is a steady market, gains holding while buyers still have room to negotiate on individual homes.

The numbers

What is the housing market like in Salem, OR?

Typical home value

$460K

Up1.1%YoY

Median list price

$522K

Days on market

47

Homes for sale

784

Price cuts

24.2%

New listings

350

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026)

Figures reflect Salem's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Salem ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of June 2026. 1-yr change compares it to the same ZIP a year earlier. We track 13 Salem ZIP codes in total; the remaining 6 publish as their data clears editorial QA.

Zillow ZHVI, June 2026

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Nearby markets

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