97303 Home Values & Market Trends
There are 643 homes currently listed for 97303. 97303 real estate market trends show that home prices range from $39,999 to $4,385,000, and the median sales price in the 97303 zip code is $470,000. The total number of properties sold within the past twelve months is 496. In 97303, 14 properties are in foreclosure, 2 are bank owned properties,and 12 are headed for auction.
97303 Real Estate Market Overview
Housing Market Summary for 97303
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $467.5K | $480K | 2.67% |
| Median Sold Price | $470.1K | $454.9K | -3.23% |
| Homes For Sale | 397 | 628 | 58.19% |
| Homes Sold | 202 | 186 | -7.92% |
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 97303
Browse Homes in 97303
The median list price of a home in Salem, is $470,000. A total of 643 properties are for sale, and the percentage of properties for sale in the zip code is 643.00%. The total count of 97303 properties is 862.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in 97303 ranges from the highest value of $899,900 in salem to the lowest value of $242,271 in salem. Bank owned homes and properties account for 0.23% of properties in 97303. There are 2 cities within 97303; salem containing 11 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssalem has 37 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 1.39% 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 $862,904 in salem to the lowest value of $209,000 in salem.
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More Real Estate Resources for 97303
Guide for 97303
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
