97304 Home Values & Market Trends

There are 126 homes currently listed for 97304. 97304 real estate market trends show that home prices range from $175,000 to $34,842,500, and the median sales price in the 97304 zip code is $476,552.49. The total number of properties sold within the past twelve months is 427. In 97304, 5 properties are in foreclosure, 1 are bank owned properties,and 4 are headed for auction.

97304 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Salem

$ 449,000

$ 252/sqft

Salem

$ 449,000

$ 252/sqft

Housing Market Summary for 97304

Apr 2023March 2024Change
Median Listing Price$512.5K$462.2K-9.80%
Median Sold Price$471.7K$462.2K-2.00%
Homes For Sale10896-11.11%
Homes Sold2702855.56%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 97304

The median list price of a home in Salem, is $476,552.49. A total of 126 properties are for sale, and the percentage of properties for sale in the zip code is 126.00%. The total count of 97304 properties is 10,111.

Foreclosure
There are 2 cities within 97304; 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 97304 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 97304 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 97304; 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 97304 ranges from the highest value of $885,711 in salem to the lowest value of $193,664 in salem. Bank owned homes and properties account for 0.01% of properties in 97304. There are 2 cities within 97304; salem containing 4 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 97304. Auction homes and other auction properties account for 0.04% of all properties in 97304. There are 2 cities within 97304; 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 1.25% of residential properties in 97304 with salem containing 544 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 97304; 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 97304. salem has 1472 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.79% of properties in 97304.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      97304
      $
      $

      Guide for 97304

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      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.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      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.

      Recently Listed Homes 97304

      No data to show