Is Salem, OR 97306 a buyer’s or seller’s market?
Salem is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.4Under 4 months = seller’s market
Sold above original list20.9%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$267▼ −3.4% vs. last year
Run the numbers for 97306
Nearby markets
Aumsville 97325Seller’s market $327 /sq ftAurora 97002Seller’s market $339 /sq ftDetroit 97342Balanced $397 /sq ftDonald 97020Seller’s market $302 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology