Monthly market action snapshot
Salem, Oregon Market Snapshot
November 2026 edition Data through August 2026 Refreshed November 3, 2026
This page is a monthly look at the Salem, Oregon housing market, with figures cited from Willamette Valley MLS (WVMLS) reporting and other public data. The statistics describe sold homes and market conditions, never the people behind them: every home is offered to all qualified buyers without regard to race, color, religion, sex, national origin, disability, or family status. Paul Knighton, MORE Realty, refreshes this snapshot each month as new data is published.
Monthly market reports: Market Report Market Data 2027 Outlook Luxury Report Salem Snapshot
Willamette Valley MLS (WVMLS) sold data · 2,315 sales
The twelve-month snapshot
These figures cover the trailing 12 months through June 2026, built from Willamette Valley MLS (WVMLS) sold data: 2,315 sales across the Salem, Oregon area. A full-year window gives buyers and sellers a steady read on price, pace, and negotiating room without the noise of any single month.
Median sale price
$447,995
trailing 12 months through June 2026
Median days on market, the average sale-to-list ratio, and the median price per square foot are part of the full monthly tables on the market data hub. Full market data .
What these figures cover
The 2,315 sales recorded through Willamette Valley MLS over the trailing 12 months that ended June 30, 2026 include detached homes, condos, and townhomes sold in the Salem, Oregon area. The median sale price, median days on market, average sale-to-list ratio, and median price per square foot all come from that same sold data, so the figures read as one consistent picture.
Trailing 12 months through June 2026 · Willamette Valley MLS (WVMLS)
What the mix says
A median sale price of $447,995 over the full year, with homes closing at 99.2 percent of list price on average, points to a market where buyers and sellers are meeting close to the middle: no bidding-war panic, but no bargain-hunting either. The median price per square foot of about $271 keeps that picture consistent across home sizes.
Source: Willamette Valley MLS (WVMLS), sold data
U.S. Federal Reserve / St. Louis Fed · Salem, OR CBSA
Latest monthly check: days on market
The snapshot above spans a full year. This check zooms in on the most recent months, using the Salem, Oregon metropolitan area median days on market series published by the U.S. Federal Reserve Bank of St. Louis, which tracks local listing data month by month.
August 2026
59 days
median days on market
July 2026
51 days
median days on market
Month over month
up 8 days
homes taking longer to sell
What the August number says
Homes in the Salem, Oregon metro took a median 59 days to sell in August 2026, up from 51 days in July. That is an 8-day increase month over month, reflecting homes taking a bit longer to sell as the market moves into late summer.
Why one month is not a trend
A single month's move in days on market is a reading, not a forecast. Late summer typically slows the pace of sales, and one month can shift with seasonal patterns and the mix of homes sold. The twelve-month snapshot above is the steadier signal; the monthly check shows which way the latest numbers are pointing.
Source: U.S. Federal Reserve / St. Louis Fed, Salem, OR CBSA
Plain-English takeaway
What this means for Salem buyers and sellers
The Salem market is balanced and stable: well-priced homes sell steadily at very close to list price.
Buyers have somewhat more time to evaluate options and negotiate than in the hottest years, while sellers benefit from pricing deliberately and preparing the home well.
Data will be refreshed monthly.
For buyers
Salem buyers have somewhat more time to evaluate options and negotiate than in the hottest years, while homes still sell at very close to list price. That means a well-researched offer, not a rushed one, and it pays to know each home's true comparable value before you write it.
For sellers
Well-priced Salem homes sell steadily at very close to list price, so sellers benefit from pricing deliberately and preparing the home well. Price from sold comparables, not from a wish, and the market rewards it with a faster, cleaner sale.
Source and method
The twelve-month snapshot figures come from Willamette Valley MLS (WVMLS) sold data, covering 2,315 sales in the Salem, Oregon area over the trailing 12 months through June 2026. The days-on-market check comes from the Salem, Oregon metropolitan area series published by the U.S. Federal Reserve Bank of St. Louis (FRED), which tracks median days on market from local listing data. Paul is a broker member of RMLS, IMLS, WVMLS, LCMLS, SOMLS, COAR, and Tillamook MLS. Figures are as published and can be revised as more closings record. This is the November 2026 edition, refreshed on November 3, 2026. As of this refresh, the most recent published data for the Salem area is unchanged from the prior edition: the FRED Salem, OR series still reports August 2026 as its latest observation (median 59 days on market), and newer WVMLS monthly figures had not yet been publicly released, so the figures above are carried forward with the citation date updated. No aggregator sources are used.
Fair housing statement
These statistics describe homes and sale prices, never people. Every home is offered to all qualified buyers without regard to race, color, religion, sex, national origin, disability, or family status. Paul Knighton, MORE Realty, supports fair housing and equal opportunity in Oregon and Idaho.
Want a closer read on the Salem market?
Whether you are pricing a Salem listing or weighing an offer, Paul will walk you through the current comparables and the right strategy for your timeline.