Salem, OR 97302 Real Estate & Property Data
Last Updated: April 19, 2024
A total of 534 residential properties have been sold over the past 12 months in 97302. With a median sales price of $440,000 in 97302. Discover market trends and get the granular level real estate data for Salem, OR 97302 to keep your pulse on the housing market. Curate compelling home reports for Salem, OR 97302 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 12,134
Total Commercial Properties 1,124
Avg. Home Age (Single Family Home) 56 Years
Avg. Square Feet (Single Family Home) 1,961
Total 2024 Residential Sales (year-to-date) 66
% of Homes Seriously Underwater (Q2 2024) 0.78%
Total 2023 Residential Sales 509
% of Equity Rich Homes (Q2 2024) 48.1%
Effective 2023 Property Tax 1.01%
Total Foreclosure Filings (year-to-date) 1
Salem, OR 97302 Real Estate Overview
There were 534 residential properties sold in the past year in Salem, OR 97302. The median home value in Salem, OR 97302 is $438,598. There are a total of 12,134 residential properties in the 97302.
Median Sales Price i
$440,000
(Feb 2024)
-2.2%
year-over-year
y-o-y
- February '24 Feb '24 $440,000
- January '24 Jan '24 $377,500
- December '23 Dec '23 $440,000
- November '23 Nov '23 $439,000
- October '23 Oct '23 $480,000
- September '23 Sep '23 $455,000
- August '23 Aug '23 $484,450
- July '23 Jul '23 $459,900
- June '23 Jun '23 $437,450
- May '23 May '23 $402,500
- April '23 Apr '23 $401,000
- March '23 Mar '23 $447,167
Median Down Payment i
$123,000
(Feb 2024)
+341.2%
year-over-year
y-o-y
- February '24 Feb '24 $123,000
- January '24 Jan '24 $18,550
- December '23 Dec '23 $57,400
- November '23 Nov '23 $23,872
- October '23 Oct '23 $115,000
- September '23 Sep '23 $91,000
- August '23 Aug '23 $81,000
- July '23 Jul '23 $122,950
- June '23 Jun '23 $58,750
- May '23 May '23 $37,000
- April '23 Apr '23 $50,950
- March '23 Mar '23 $63,400
Number of Homes Sold i
35
(Feb 2024)
-7.9%
year-over-year
y-o-y
Number of Purchase Loans i
27
(Feb 2024)
-18.2%
year-over-year
y-o-y
Number of REFI Loans i
20
(Feb 2024)
+17.6%
year-over-year
y-o-y
Number of HELOC Loans i
13
(Feb 2024)
-31.6%
year-over-year
y-o-y
Salem, OR 97302 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Salem, OR 97302 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 1
- March '23 Mar '23 N/A
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