97303 Home Values & Market Trends

There are 83 homes currently listed for 97303. 97303 real estate market trends show that home prices range from $275,000 to $899,000, and the median sales price in the 97303 zip code is $432,756.84. The total number of properties sold within the past twelve months is 429. In 97303, 6 properties are in foreclosure, 0 are bank owned properties,and 6 are headed for auction.

97303 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Salem

$ 449,000

$ 252/sqft

Salem

$ 449,000

$ 252/sqft

Housing Market Summary for 97303

Apr 2023March 2024Change
Median Listing Price$440K$434.3K-1.31%
Median Sold Price$442K$434.3K-1.74%
Homes For Sale67738.96%
Homes Sold263239-9.13%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 97303

The median list price of a home in Salem, is $432,756.84. A total of 83 properties are for sale, and the percentage of properties for sale in the zip code is 83.00%. The total count of 97303 properties is 10,823.

Foreclosure
There are 2 cities within 97303; within these cities, the median estimated home value for homes in foreclosure ranges from $1,432,361 in salem to the lowest value of $193,664 in salem. Foreclosure homes account for 0.00% of properties in 97303 with salem containing 39 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97303 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 97303; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 97303 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 97303. There are 2 cities within 97303; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    salem has 35 auction properties, the highest number of properties going to auction in a single city in the state of 97303. Auction homes and other auction properties account for 0.06% of all properties in 97303. There are 2 cities within 97303; of those cities, the median estimated home value for homes going to auction ranges from $1,432,361 in salem to the lowest value of $197,256 in salem.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.77% of residential properties in 97303 with salem containing 544 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 97303; homes for sale in those cities, have a range of median values from $1,589,369 in salem to the lowest value of $90,918 in salem.
    Sold Homes
    The median value for recently sold homes ranges from $2,117,800 in salem to the lowest price of $35,734 in salem. There are 2 cities within 97303. salem has 1472 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.15% of properties in 97303.

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      Guide for 97303

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      Market Reports
      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      Market Reports|posted 25 April 2024

      Pierre, SD’s real estate market has seen significant fluctuations, with diverse property types and values. Despite a lack of sales data hindering trend analysis, listed prices and values provide insight into market activity.