Updated May 2026 · Redfin · 3-month window
97303 Real Estate Market Update: Salem, OR, May 2026
The latest housing-market numbers for ZIP code 97303 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 | $448K | ▼ -0.7% | ▼ -5.1% |
| Days on market | 50 | ▼ -12.3% | ▲ +19.0% |
| Homes for sale | 104 | ▲ +31.6% | ▲ +5.1% |
| Sale-to-list | 98.9% | ▼ -0.3% | ▼ -0.8% |
| Homes sold | 98 | ▲ +12.6% | ▲ +18.1% |
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 97303 numbers say
The 97303 ZIP in Salem is cooling. The median sale price sits at $448,000, 5.1% below last year. Pace is steady: a typical listing goes under contract in about 50 days, with sellers getting 98.9% of list price.
Based on 98 recent sales, 97303 is currently an active market.
What this means if you sell in 97303
Use these figures to set expectations early. Lead a listing appointment with the median price and the 50-day pace, show the year-over-year direction, and frame 97303 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 97303 housing market
- What is the median home price in ZIP 97303 (Salem, OR)?
- As of May 2026, the median sale price in ZIP 97303 is $448,000 (-5.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 97303 a buyer's or seller's market right now?
- ZIP 97303 is currently an active market, based on a 98.9% sale-to-list ratio, about 50 days on market for May 2026.
- How long do homes take to sell in ZIP 97303?
- A typical listing in 97303 goes under contract in about 50 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 97303 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.