Salem, OR metro area Housing Market Brief
metro · as of July 2026
What is Salem, OR metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Salem, OR metro area in its market cycle?
Salem, OR metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Salem, OR metro area?
Our model forecasts Salem, OR metro area’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Salem, OR metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $458K | ▼ -1.8% |
| Median Days on Market | 51 days | ▲ +13.3% |
| Months of Supply | 3.9 | ▲ +18.2% |
| Homes for Sale | 1,374 | ▲ +3.3% |
| Homes Sold | 354 | ▼ -12.2% |
| Median Price / Sq Ft | $283 | ▲ +2.4% |
How has Salem, OR metro area’s Alpha Score moved?
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Frequently asked questions
Is Salem, OR metro area a buyer's or seller's market?
As of July 2026, Salem, OR metro area is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Salem, OR metro area?
The median sale price in Salem, OR metro area is $458K, having fallen 1.8% over the past year.
How affordable is Salem, OR metro area?
Salem, OR metro area scores 15 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Salem, OR metro area's Alpha Score?
Salem, OR metro area's strongest dimension is Rental Yield (57/100) and its weakest is Affordability (15/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Salem, OR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.