97305 Home Values & Market Trends
There are 61 homes currently listed for 97305. 97305 real estate market trends show that home prices range from $250,000 to $1,500,000, and the median sales price in the 97305 zip code is $394,920.2. The total number of properties sold within the past twelve months is 366. In 97305, 8 properties are in foreclosure, 0 are bank owned properties,and 8 are headed for auction.
97305 Real Estate Market Overview
Housing Market Summary for 97305
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $382.4K | $398.6K | 4.23% |
Median Sold Price | $402.3K | $398.6K | -0.93% |
Homes For Sale | 52 | 44 | -15.38% |
Homes Sold | 222 | 189 | -14.86% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 97305
Browse Homes in 97305
The median list price of a home in Salem, is $394,920.2. A total of 61 properties are for sale, and the percentage of properties for sale in the zip code is 61.00%. The total count of 97305 properties is 9,233.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 97305 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 97305; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 97305 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 97305. There are 2 cities within 97305; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssalem has 35 auction properties, the highest number of properties going to auction in a single city in the state of 97305. Auction homes and other auction properties account for 0.09% of all properties in 97305. There are 2 cities within 97305; 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.
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Guide for 97305
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.