🏡 Salem Real Estate Market Update – Spring 2025

🏡 April 2025 Real Estate Market Update for Salem, Oregon

Spring is here, and the Salem real estate market is picking up momentum. Whether you’re buying or selling, now’s the time to pay attention. Here’s what’s happening in our local market.

📊 Market Snapshot (as of early April)

• Average List Price: $569,606

• Homes Currently on Market: 290

• Average Days on Market: 56

• Median Sale Price (Feb): $427,000 (down 1.8% YoY)

• Homes Sold in Feb: 123 (down 4.7% YoY)

• Sale-to-List Price Ratio: 99.4%

Source: Salem, Oregon Real Estate Market Report

🏠 What We’re Seeing in Salem

Inventory is starting to build, giving buyers more choices. But homes in good condition and priced right are still moving fast. Homes are spending just under two months on the market on average, and many are still selling near asking price.

You can see what’s available right now on our live listings page:
👉 Search Active Salem, Oregon Listings

💡 Quick Tips

For Buyers:
This is a great window to get serious. Interest rates have stabilized, and the best homes still go quickly. Be ready to move with pre-approval in hand.

For Sellers:
Now’s the time to prep your home. Price it well, make it shine, and list before competition ramps up in late spring. If you haven’t already, check out our Spring Seller Checklist.

📬 Let’s Chat

We’d love to help you take the next step—whether that’s buying, selling, or just getting a better feel for the market.

Start browsing homes: Wisser.Homes
Or shoot us a text and we’ll help you map out your options.