Updated May 2026 · Redfin · 3-month window
97302 Real Estate Market Update: Salem, OR, May 2026
The latest housing-market numbers for ZIP code 97302 in Salem, Oregon, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $450K | ▼ -1.6% | ▼ -2.2% |
| Days on market | 63 | ▼ -16.0% | ▲ +12.5% |
| Homes for sale | 172 | ▲ +19.4% | ▲ +18.6% |
| Sale-to-list | 99.4% | ▲ +0.8% | ▼ -0.7% |
| Homes sold | 142 | ▲ +9.2% | ▲ +8.4% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 97302 numbers say
The 97302 ZIP in Salem is cooling. The median sale price sits at $450,000, 2.2% below last year. The market has loosened: a typical listing now takes around 63 days to go under contract, with sellers getting 99.4% of list price.
Based on 142 recent sales, 97302 is currently an active market.
What this means if you sell in 97302
Use these figures to set expectations early. Lead a listing appointment with the median price and the 63-day pace, show the year-over-year direction, and frame 97302 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Salem post →Frequently asked: the 97302 housing market
- What is the median home price in ZIP 97302 (Salem, OR)?
- As of May 2026, the median sale price in ZIP 97302 is $450,000 (-2.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 97302 a buyer's or seller's market right now?
- ZIP 97302 is currently an active market, based on a 99.4% sale-to-list ratio, about 63 days on market for May 2026.
- How long do homes take to sell in ZIP 97302?
- A typical listing in 97302 goes under contract in about 63 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 97302 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.