The story of this market
The typical home in ZIP 97305 sells for about $414,343, or $266 per square foot.
Prices are down 7.9% from a year ago, which gives buyers more room to negotiate. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,584 a month.
ZIP 97305 — Salem
The 97305 housing market is experiencing a cooling trend with median prices declining year-over-year. Inventory remains available, and the market is currently characterized by measured demand and longer days on market compared to previous periods.
Median prices moved down 7.9% year over year.
Homes spend a median of 56 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 14.4% — a stable, low-distress profile.
ZCTA 97305, Marion County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from ACS 2020-2024 estimates for Salem city and ZCTA 97305.
- Enchanted Forest4.713.1 mi
- Wings & Waves Waterpark4.116.7 mi
- Get Air Trampoline Park4.37.2 mi
- Chuck E. Cheese4.14 mi
- River Road City Park Splash Pad4.45.6 mi
- Wooden Shoe Tulip Farm4.711.7 mi
- Oregon State Fair & Exposition Center4.35.2 mi
- North American Aerospace Museum4.816.6 mi
- The Oregon Garden4.57.4 mi
- Langdon Farms Golf Club4.519.8 mi
- Wooden Shoe Tulip Farm4.711.7 mi
- Oregon State Capitol4.47 mi
- Riverfront City Park4.77.2 mi
- The Oregon Garden4.57.4 mi
- Regal Willamette Town Center4.45.6 mi
- North American Aerospace Museum4.816.6 mi
- Gilbert House Children's Museum4.67 mi
- Bush's Pasture Park4.77.5 mi
- Willamette Heritage Center4.77.1 mi
- Powerland Heritage Park4.83.2 mi
- Riverfront City Park4.77.2 mi
- The Oregon Garden4.57.4 mi
- Keizer Rapids Park4.66.1 mi
- Minto-Brown Island Park4.79.1 mi
- Bush's Pasture Park4.77.5 mi
- OGA Golf Course4.610.8 mi
- Creekside Golf Club4.711.6 mi
- Illahe Hills Country Club4.611.2 mi
- Evergreen Golf Course4.56.6 mi
- McNary Golf Club4.34.2 mi
- Woodburn Premium Outlets4.410.2 mi
- Wooden Shoe Tulip Farm4.711.7 mi
- Bauman's Farm and Garden4.67.3 mi
- WinCo Foods4.37.2 mi
- Fred Meyer4.15.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.