Salem, OR 97305 Real Estate & Property Data
Last Updated: April 20, 2024
A total of 371 residential properties have been sold over the past 12 months in 97305. With a median sales price of $392,500 in 97305. Discover market trends and get the granular level real estate data for Salem, OR 97305 to keep your pulse on the housing market. Curate compelling home reports for Salem, OR 97305 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 9,311
Total Commercial Properties 837
Avg. Home Age (Single Family Home) 44 Years
Avg. Square Feet (Single Family Home) 1,638
Total 2024 Residential Sales (year-to-date) 48
% of Homes Seriously Underwater (Q2 2024) 0.83%
Total 2023 Residential Sales 347
% of Equity Rich Homes (Q2 2024) 46.15%
Effective 2023 Property Tax 0.8%
Total Foreclosure Filings (year-to-date) 1
Salem, OR 97305 Real Estate Overview
There were 371 residential properties sold in the past year in Salem, OR 97305. The median home value in Salem, OR 97305 is $394,371. There are a total of 9,311 residential properties in the 97305.
Median Sales Price i
$392,500
(Feb 2024)
-3.1%
year-over-year
y-o-y
- February '24 Feb '24 $392,500
- January '24 Jan '24 $412,750
- December '23 Dec '23 $415,000
- November '23 Nov '23 $405,000
- October '23 Oct '23 $397,000
- September '23 Sep '23 $415,750
- August '23 Aug '23 $418,500
- July '23 Jul '23 $385,000
- June '23 Jun '23 $440,000
- May '23 May '23 $395,000
- April '23 Apr '23 $392,950
- March '23 Mar '23 $395,000
Median Down Payment i
$30,000
(Feb 2024)
-17.2%
year-over-year
y-o-y
- February '24 Feb '24 $30,000
- January '24 Jan '24 $62,900
- December '23 Dec '23 $37,417
- November '23 Nov '23 $22,300
- October '23 Oct '23 $13,049
- September '23 Sep '23 $20,000
- August '23 Aug '23 $11,250
- July '23 Jul '23 $12,975
- June '23 Jun '23 $15,987
- May '23 May '23 $17,639
- April '23 Apr '23 $26,997
- March '23 Mar '23 $26,784
Number of Homes Sold i
29
(Feb 2024)
+45%
year-over-year
y-o-y
Number of Purchase Loans i
21
(Feb 2024)
+16.7%
year-over-year
y-o-y
Number of REFI Loans i
19
(Feb 2024)
+171.4%
year-over-year
y-o-y
Number of HELOC Loans i
9
(Feb 2024)
-10%
year-over-year
y-o-y
Salem, OR 97305 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Salem, OR 97305 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 1
- 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 1
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
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