Salem housing market at a glance
Market data refreshed October 1, 2026. For the three months ending August 2026, Redfin reported a Salem median sale price of $452,700, a median 55 days on market, and 544 homes sold. The median sale price was 2.9% higher than the same period a year earlier. Source: Redfin Salem Housing Market.
The U.S. Census Bureau estimated Salem's population at 181,779 on July 1, 2025, 3.6% above the April 2020 estimate base. Source: U.S. Census Bureau QuickFacts.
Schools and education research
Research links reviewed October 1, 2026. Assignments and program availability depend on the property address. Use Salem-Keizer Public Schools official tools to research boundaries, transportation, enrollment, and programs. Verify ratings, boundaries, programs, transportation, and enrollment directly with the applicable district; this guide does not rank or recommend schools or neighborhoods.
Business and development watch
Salem's current Economic Opportunities Analysis notes that business growth increases the need for employment land. The city's planning and development decisions can affect jobs, infrastructure, and nearby housing over time. Source: City of Salem Economic Opportunities Analysis, reviewed October 1, 2026.
What the numbers mean for a buyer
A longer market-wide timeline may create room for diligence or negotiation, but well-positioned homes can move faster. Compare taxes, insurance, repairs, and commute costs with the mortgage payment.
Explore mortgage options, read Get Jeffed Up, or ask Jeff.
Market statistics are historical snapshots and may change. School information is provided for neutral research and is not a recommendation or guarantee. This information is educational and is not an appraisal, property valuation, or commitment to lend. Loan approval is subject to underwriting and program requirements.