Home ValuePros

Market Intelligence · OR / Salem

Salem, OR 97317 Housing Market

The typical home in Salem's 97317 ZIP code is worth $460,475, up 1.1% over the past year. The median list price sits at $513,675, and homes are taking a median of 39 days on market to sell.

Updated June 2026Median value$460K

The median home value in Salem, OR 97317 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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Typical 97317 range

$424K to $497K

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

+1.1% over 12 months

Typical home value in 97317 over the last 12 months: $456K in Jun 2025 to $460K in Jun 2026 (+1.1%).

Jun 2025$456K

Jun 2026$460K

The numbers

What is the 97317 housing market like?

Typical home value

$460K

Up1.1%YoY

Median list price

$514K

Days on market

39

Down15.2%MoM

Homes for sale

54

Price cuts

30.4%

New listings

18

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

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The comparison

How do 97317 home prices compare?

  • 97317$460,475
  • Salem$460,475
  • Oregon$464,860
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Salem: 7 ZIPs; Oregon: 339 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 54 homes for sale in 97317, with 18 new listings added recently. The median list price is $513,675, while the typical home value is $460,475, up 1.1% over the past year. Homes are sitting a median of 39 days on market. Meanwhile, 30.4% of listings have taken a price cut. For sellers, this points to a market where pricing carefully from the start matters more than testing a high number.

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