97306 Home Values & Market Trends
There are 692 homes currently listed for 97306. 97306 real estate market trends show that home prices range from $99,900 to $1,695,000, and the median sales price in the 97306 zip code is $499,900. The total number of properties sold within the past twelve months is 523. In 97306, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
97306 Real Estate Market Overview
Housing Market Summary for 97306
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $509.9K | $520K | 1.97% |
| Median Sold Price | $531.8K | $504.7K | -5.10% |
| Homes For Sale | 463 | 685 | 47.95% |
| Homes Sold | 184 | 177 | -3.80% |
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 97306
Browse Homes in 97306
The median list price of a home in Salem, is $499,900. A total of 692 properties are for sale, and the percentage of properties for sale in the zip code is 692.00%. The total count of 97306 properties is 882.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 97306 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 97306; 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 97306 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 0.11% of properties in 97306. There are 2 cities within 97306; 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 97306. Auction homes and other auction properties account for 0.11% of all properties in 97306. There are 2 cities within 97306; 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.
Compare Nearby Zip Codes
More Real Estate Resources for 97306
Guide for 97306
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.
