Market Intelligence · OR / Salem
Salem, OR 97304 Housing Market
The typical home value in Salem, OR 97304 is $499,744, up 0.9% over the past year as of 2026-08-01. The median list price is $574,950, and homes are spending a median of 59 days on market. Sellers here are working with a fairly stable market.
The median home value in Salem, OR 97304 is $500K as of August 2026, up 0.9% 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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Typical 97304 range
$460K to $540K
This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.
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12-month value trend
+0.9% over 12 months
Aug 2025$495K
Low $495KHigh $501K
Aug 2026$500K