Explore the most up-to-date insights on Salem Oregon’s real estate market with our detailed market condition reports. Compiled by a local real estate expert, these reports offer an in-depth look at key factors like home price trends, inventory levels, and recent home sales. Whether you’re a buyer, seller, or investor, our reports provide the valuable data you need to make informed real estate decisions in Salem.
From median and average home prices to active listings and sales volume, our regularly updated reports give you a clear picture of current market conditions. Stay ahead of the market in Salem with expert analysis designed to help you succeed in your real estate journey.
This single-level home offers 1,765 square feet, three bedrooms, two full bathrooms, and a layout designed for real life. The rooms feel comfortable, the flow makes sense, and the natural light does a lot of the heavy lifting. Morning light, afternoon light, that golden late-day light that makes everything look a little better, this house…
Salem Market Snapshot: Where Inventory Piles Up—and Where It Doesn’t If you’ve felt like the entry level is a battle and the luxury tier is a leisurely brunch, you’re not wrong. Using the last 90 days of closed sales to set absorption, here’s how many months of inventory we’re carrying at each price point in…
Inventory’s Up, But Buyers Are Picky Active inventory in August jumped 4.4% from July, landing at 566 homes on the market. That’s more choices for buyers, which is typically great news, except that buyers are looking at homes and waiting for something better to come on the market, unless it is a great home. More…
Salem’s Real Estate Market in May: A See-Saw Spring with Steady Prices If you’ve been watching Salem’s housing market this spring and feeling a little dizzy, you’re not alone. May continued the ongoing inventory see-saw we’ve been riding since last year. Here’s the rundown: Yes, Inventory Jumped — But Context MattersWe saw an 18.2% jump…
Salem’s real estate scene in April 2025? Let’s just say—it’s having a bit of an identity crisis. On one hand, it’s still a seller’s market with low inventory and quick-moving homes. On the other, homes over $600,000 are hanging out on the market like it’s a Sunday brunch—no rush, plenty of mimosas. 🔥 The Numbers…
March 2025 had a bit of a split personality: on one hand, home prices continued to climb, and ready-to-go listings were snapped up faster than the last slice of pizza at a party. On the other hand, fixer-uppers are sitting tight, waiting for someone with a hammer, vision, and serious motivation. Cash too. Lots of…
When we hear about tariffs in the news, it’s easy to think they only affect international trade and big corporations. But if you’re in the market for a new home, you might wonder: how do these policies impact home prices? Let’s break it down, starting with some key facts from the National Association of Home…
Salem Real Estate Market Update: November 2024 Low Inventory Continues, But There’s Movement! November 2024 brought some interesting changes to the Salem housing market. While active inventory increased by 31.8% compared to October, it’s still 19.9% lower than November 2023. This means the market is still navigating a supply crunch, despite a slight seasonal bump.…
If you’re wondering how the Salem real estate market is shaping up as we move through fall, the latest data gives us a clear view. October 2024 has brought notable shifts, from a cooling in median prices to changes in inventory and new listings. Here’s a breakdown of what’s moving in the market—and what’s…
The Salem, Oregon real estate market has seen a mixed bag of changes this September 2024. For homeowners, buyers, and investors keeping an eye on the trends, here’s a closer look at what’s happening in Salem OR Housing Market Update September 2024. Prices Hold Steady with a Slight Uptick Month-Over-Month The median sales price for…