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Updated May 2026 · Redfin · 3-month window

97317 Real Estate Market Update: Salem, OR, May 2026

The latest housing-market numbers for ZIP code 97317 in Salem, Oregon, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 97317 · Salem, OR · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$419K▼ -1.4%▼ -2.6%
Days on market46▼ -22.0%▼ -8.0%
Homes for sale60▲ +9.1%▲ +11.1%
Sale-to-list101.0%▲ +3.8%▲ +1.1%
Homes sold47▲ +14.6%▼ -6.0%

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 97317 numbers say

The 97317 ZIP in Salem is cooling. The median sale price sits at $419,000, 2.6% below last year. Pace is steady: a typical listing goes under contract in about 46 days, with sellers getting 101.0% of list price.

Based on 47 recent sales, 97317 is currently an active market.

What this means if you sell in 97317

Use these figures to set expectations early. Lead a listing appointment with the median price and the 46-day pace, show the year-over-year direction, and frame 97317 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 97317 housing market

What is the median home price in ZIP 97317 (Salem, OR)?
As of May 2026, the median sale price in ZIP 97317 is $419,000 (-2.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 97317 a buyer's or seller's market right now?
ZIP 97317 is currently an active market, based on a 101.0% sale-to-list ratio, about 46 days on market for May 2026.
How long do homes take to sell in ZIP 97317?
A typical listing in 97317 goes under contract in about 46 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 97317 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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All Oregon ZIP codes →All US ZIP-code updates →

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97229 · Portland97702 · Bend97756 · Redmond97007 · Beaverton97123 · Hillsboro97206 · Portland97504 · Medford97703 · Bend97701 · Bend97045 · Oregon CityAll Oregon ZIP codes →

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<a href="https://getlokal.io/or/zip/97317/" rel="dofollow">97317 Salem real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.