SALEM Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Salem averaged
7.09%
for the week of 2026-11-05, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2026-10-29) was
7.15% and
one month ago for the week of 2026-10-01, the
average rate was 7.19%.
Salem's average rate one year ago was 6.38%.
For refis of the same type during the week of 2026-11-05, the average rate
was 7.69%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2026-11-05 | 7.18% |
| Salem 30 Year Fixed Rate | 2026-11-05 | 7.09% |
| Salem 30 Year Fixed Rate Refi | 2026-11-05 | 7.69% |
| Salem 15 Year Fixed Rate | 2026-11-05 | 6.69% |
| Salem 15 Year Fixed Rate Refi | 2026-11-05 | 6.77% |
| Salem 30 Year FHA | 2026-11-05 | 6.53% |
| Salem 30 Year FHA Refi | 2026-11-05 | 6.55% |
| Salem 30 Year USDA | 2026-11-05 | 7.1% |
| Salem 30 Year USDA Refi | 2026-11-05 | 7% |
| Salem 30 Year VA | 2026-11-05 | 6.81% |
| Salem 30 Year VA Refi | 2026-11-05 | 6.4% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SALEM, OR.
SALEM Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SALEM, OR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SALEM Average Closing Costs & Other Stats
SALEM, OR's 194 lenders originated 8,816
loans during 2025. The total origination value was $2,771,700,000, with an average loan value of
$314,394.
SALEM's average closing costs are $6,948.
The top SALEM lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
235 loans originated. Their average total fees are
$8,882, which is $165
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SALEM lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($4,268), JPMorgan Chase Bank ($4,971), OnPoint Community Credit Union ($5,071), Rivermark Community Credit Union ($5,144) and Oregon State Credit Union ($5,442).
The lowest rate SALEM lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.08%), FIRST COMMUNITY (5.34%), EAGLE HOME MORTGAGE, LLC (5.36%), CLM MORTGAGE, INC (5.68%) and A&D Mortgage LLC (6.20%).
SALEM, OR Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2024 Loan Value | 2025 Loan Value | % Change | 2025 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $133,650,000 | $161,535,000 | 20.9% | 5.8% |
| QUICKEN LOANS, LLC | $114,810,000 | $157,070,000 | 36.8% | 5.7% |
| GUILD MORTGAGE COMPANY | $168,580,000 | $151,655,000 | -10.0% | 5.5% |
| MARION AND POLK SCHOOLS CREDIT UNION | $92,175,000 | $118,910,000 | 29.0% | 4.3% |
| NATIONS DIRECT MORTGAGE, LLC | $69,330,000 | $82,390,000 | 18.8% | 3.0% |
| DHI MORTGAGE COMPANY, LTD. | $78,835,000 | $80,515,000 | 2.1% | 2.9% |
| OnPoint Community Credit Union | $51,310,000 | $75,560,000 | 47.3% | 2.7% |
| S1L, Inc. | $70,245,000 | $68,890,000 | -1.9% | 2.5% |
| Umpqua Bank | $51,955,000 | $63,585,000 | 22.4% | 2.3% |
| Wells Fargo Bank | $33,680,000 | $61,170,000 | 81.6% | 2.2% |
| U.S. Bank | $38,935,000 | $52,935,000 | 36.0% | 1.9% |
| NEWREZ LLC | $57,630,000 | $52,025,000 | -9.7% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $34,470,000 | $51,740,000 | 50.1% | 1.9% |
| JPMorgan Chase Bank | $23,285,000 | $47,260,000 | 103.0% | 1.7% |
| LOANDEPOT.COM, LLC | $26,500,000 | $46,810,000 | 76.6% | 1.7% |
| MORTGAGE EXPRESS, LLC | $33,650,000 | $45,095,000 | 34.0% | 1.6% |
| CMG MORTGAGE, INC. | $29,845,000 | $42,735,000 | 43.2% | 1.5% |
| UNION HOME MORTGAGE CORP. | $27,715,000 | $40,985,000 | 47.9% | 1.5% |
| Mortgage Research Center, LLC | $24,895,000 | $39,565,000 | 58.9% | 1.4% |
| EAGLE HOME MORTGAGE, LLC | $32,180,000 | $38,050,000 | 18.2% | 1.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $31,585,000 | $37,955,000 | 20.2% | 1.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $30,375,000 | $35,905,000 | 18.2% | 1.3% |
| LPMC, LLC | $30,395,000 | $35,900,000 | 18.1% | 1.3% |
| MOVEMENT MORTGAGE, LLC | $17,060,000 | $34,930,000 | 104.7% | 1.3% |
| Citibank | $550,000 | $34,020,000 | 6,085.5% | 1.2% |
| Oregon State Credit Union | $28,580,000 | $33,825,000 | 18.4% | 1.2% |
| FREEDOM MORTGAGE CORPORATION | $33,325,000 | $31,625,000 | -5.1% | 1.1% |
| FIRST TECHNOLOGY | $27,580,000 | $28,785,000 | 4.4% | 1.0% |
| Century Mortgage Company DBA Century Lending Company | $16,365,000 | $27,375,000 | 67.3% | 1.0% |
| OREGON COMMUNITY | $23,655,000 | $26,620,000 | 12.5% | 1.0% |
| CHURCHILL MORTGAGE CORPORATION | $17,780,000 | $23,830,000 | 34.0% | 0.9% |
| Paramount Residential Mortgage Group, Inc. | $8,475,000 | $22,140,000 | 161.2% | 0.8% |
| Willamette Valley Bank | $17,970,000 | $22,045,000 | 22.7% | 0.8% |
| PLAZA HOME MORTGAGE, INC. | $28,840,000 | $19,895,000 | -31.0% | 0.7% |
| Banner Bank | $14,120,000 | $17,960,000 | 27.2% | 0.6% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $19,530,000 | $17,065,000 | -12.6% | 0.6% |
| WALKER & DUNLOP, LLC | $16,675,000 | n/a | 0.6% | |
| GUARANTEED RATE, INC. | $17,805,000 | $16,515,000 | -7.2% | 0.6% |
| KeyBank | $19,090,000 | $16,315,000 | -14.5% | 0.6% |
| The Loan Store, Inc. | $10,745,000 | $16,305,000 | 51.7% | 0.6% |
| SELCO COMMUNITY | $7,075,000 | $14,710,000 | 107.9% | 0.5% |
| FIRST COMMUNITY | $8,905,000 | $14,565,000 | 63.6% | 0.5% |
| ALAMEDA MORTGAGE CORPORATION | $14,505,000 | n/a | 0.5% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $9,605,000 | $14,490,000 | 50.9% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,815,000 | $13,775,000 | 40.3% | 0.5% |
| BROKER SOLUTIONS, INC. | $8,975,000 | $12,935,000 | 44.1% | 0.5% |
| Bank of America | $7,225,000 | $12,405,000 | 71.7% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $6,270,000 | $12,090,000 | 92.8% | 0.4% |
| Sierra Pacific Mortgage Company, Inc. | $23,255,000 | $12,035,000 | -48.2% | 0.4% |
| ENVOY MORTGAGE, LTD | $3,525,000 | $11,785,000 | 234.3% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $11,060,000 | $11,645,000 | 5.3% | 0.4% |
| First Federal | $5,165,000 | $11,305,000 | 118.9% | 0.4% |
| Northwest Farm Credit Services, FLCA | $6,190,000 | $11,170,000 | 80.5% | 0.4% |
| AMERICAN FINANCIAL NETWORK, INC. | $10,380,000 | $10,730,000 | 3.4% | 0.4% |
| CANOPY MORTGAGE, LLC | $8,630,000 | $10,635,000 | 23.2% | 0.4% |
| CBRE MULTIFAMILY CAPITAL, INC. | $2,525,000 | $10,095,000 | 299.8% | 0.4% |
| GSF Mortgage Corporation | $9,975,000 | n/a | 0.4% | |
| iQ Credit Union | $12,440,000 | $9,885,000 | -20.5% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $11,925,000 | $9,865,000 | -17.3% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,145,000 | $9,830,000 | 60.0% | 0.4% |
| TRIAD FINANCIAL SERVICES, INC. | $7,190,000 | $9,730,000 | 35.3% | 0.4% |
| ALLIANT CREDIT UNION | $2,765,000 | $9,360,000 | 238.5% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $7,490,000 | $9,125,000 | 21.8% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $5,310,000 | $8,040,000 | 51.4% | 0.3% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $5,195,000 | $7,755,000 | 49.3% | 0.3% |
| RF Renovo Management Company, LLC | $7,340,000 | n/a | 0.3% | |
| SUMMIT FUNDING, INC. | $10,365,000 | $7,340,000 | -29.2% | 0.3% |
| A&D Mortgage LLC | $735,000 | $7,250,000 | 886.4% | 0.3% |
| TIAA, FSB | $7,195,000 | n/a | 0.3% | |
| Rivermark Community Credit Union | $6,475,000 | $7,075,000 | 9.3% | 0.3% |
| DIRECTORS MORTGAGE, INC. | $9,870,000 | $7,000,000 | -29.1% | 0.3% |
| Prosperity Home Mortgage, LLC | $6,860,000 | $6,865,000 | 0.1% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $5,400,000 | $6,650,000 | 23.1% | 0.2% |
| OCMBC, INC. | $2,595,000 | $6,600,000 | 154.3% | 0.2% |
| Unitus Community Credit Union | $9,385,000 | $6,600,000 | -29.7% | 0.2% |
| BAY EQUITY LLC | $9,005,000 | $6,575,000 | -27.0% | 0.2% |
| Citadel Servicing Corporation | $3,355,000 | $6,290,000 | 87.5% | 0.2% |
| Plains Commerce Bank | $5,400,000 | $6,290,000 | 16.5% | 0.2% |
| M&T Realty Capital Corporation | $6,115,000 | n/a | 0.2% | |
| LENDSURE MORTGAGE CORP. | $3,510,000 | $6,035,000 | 71.9% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $3,435,000 | $6,010,000 | 75.0% | 0.2% |
| PHH Mortgage Corporation | $1,985,000 | $5,920,000 | 198.2% | 0.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $16,680,000 | $5,825,000 | -65.1% | 0.2% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $2,325,000 | $5,765,000 | 148.0% | 0.2% |
| CLM MORTGAGE, INC | $5,725,000 | n/a | 0.2% | |
| SPRING EQ, LLC | $1,950,000 | $5,595,000 | 186.9% | 0.2% |
| Equity Prime Mortgage LLC | $5,395,000 | $5,580,000 | 3.4% | 0.2% |
| USAA Federal Savings Bank | $8,165,000 | $5,570,000 | -31.8% | 0.2% |
| Merchants Mortgage & Trust Corporation | $1,220,000 | $5,565,000 | 356.1% | 0.2% |
| JMAC LENDING, INC. | $475,000 | $5,445,000 | 1,046.3% | 0.2% |
| BETTER MORTGAGE CORPORATION | $745,000 | $5,195,000 | 597.3% | 0.2% |
| Ixonia Bank | $5,145,000 | n/a | 0.2% | |
| Keystone Funding, Inc. | $3,875,000 | $5,125,000 | 32.3% | 0.2% |
| Washington Federal Bank | $15,035,000 | $5,125,000 | -65.9% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,380,000 | $5,120,000 | 51.5% | 0.2% |
| ZILLOW HOME LOANS, LLC | $3,175,000 | $5,105,000 | 60.8% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,950,000 | $5,030,000 | 27.3% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $4,120,000 | $5,030,000 | 22.1% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $7,910,000 | $4,860,000 | -38.6% | 0.2% |
| PLANET HOME LENDING, LLC | $2,495,000 | $4,735,000 | 89.8% | 0.2% |
| Figure Lending LLC | $5,980,000 | $4,635,000 | -22.5% | 0.2% |
| Carrington Mortgage Services, LLC | $2,410,000 | $4,540,000 | 88.4% | 0.2% |
| Mechanics Bank | $4,540,000 | n/a | 0.2% | |
| NEXERA HOLDING LLC | $2,890,000 | $4,475,000 | 54.8% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $2,145,000 | $4,440,000 | 107.0% | 0.2% |
| HERITAGE GROVE Federal Credit Union | $2,285,000 | $4,350,000 | 90.4% | 0.2% |
| Cornerstone First Mortgage, Inc | $3,235,000 | $4,310,000 | 33.2% | 0.2% |
| SCENIC OAKS FUNDING, INC. | $3,000,000 | $4,255,000 | 41.8% | 0.2% |
| AMERICAN FINANCING CORPORATION | $1,630,000 | $4,175,000 | 156.1% | 0.2% |
| DAS Acquisition Company, LLC | $3,650,000 | $4,030,000 | 10.4% | 0.1% |
| NEW DAY FINANCIAL, LLC | $540,000 | $3,985,000 | 638.0% | 0.1% |
| The Federal Savings Bank | $3,775,000 | $3,905,000 | 3.4% | 0.1% |
| Commerce Home Mortgage, Inc. | $3,190,000 | $3,745,000 | 17.4% | 0.1% |
| AmeriHome Mortgage Company, LLC | $3,685,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $1,790,000 | $3,550,000 | 98.3% | 0.1% |
| NexBank | $745,000 | $3,515,000 | 371.8% | 0.1% |
| Summit Mortgage Corporation | $2,380,000 | $3,425,000 | 43.9% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $4,910,000 | $3,395,000 | -30.9% | 0.1% |
| First National Bank of America | $3,490,000 | $3,165,000 | -9.3% | 0.1% |
| TWINSTAR | $7,570,000 | $2,960,000 | -60.9% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $1,595,000 | $2,870,000 | 79.9% | 0.1% |
| Stifel Bank and Trust | $865,000 | $2,860,000 | 230.6% | 0.1% |
| Morgan Stanley Private Bank | $1,000,000 | $2,845,000 | 184.5% | 0.1% |
| Hometown Equity Mortgage, LLC | $1,760,000 | $2,745,000 | 56.0% | 0.1% |
| Alaska USA Federal Credit Union | $2,705,000 | n/a | 0.1% | |
| CENTRAL WILLAMETTE Credit Union | $3,180,000 | $2,680,000 | -15.7% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,710,000 | $2,600,000 | -4.1% | 0.1% |
| Coastal Community Bank | $2,010,000 | $2,585,000 | 28.6% | 0.1% |
| INTERNATIONAL CITY MORTGAGE, INC. | $1,125,000 | $2,525,000 | 124.4% | 0.1% |
| HOMEAMERICAN MORTGAGE CORPORATION | $2,490,000 | n/a | 0.1% | |
| BMO Harris Bank | $2,215,000 | $2,485,000 | 12.2% | 0.1% |
| Boeing Employees Credit Union | $2,210,000 | $2,480,000 | 12.2% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,765,000 | $2,480,000 | 40.5% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $5,810,000 | $2,355,000 | -59.5% | 0.1% |
| 1st Security Bank of Washington | $2,550,000 | $2,345,000 | -8.0% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $5,390,000 | $2,325,000 | -56.9% | 0.1% |
| RAIN CITY CAPITAL, LLC | $2,215,000 | n/a | 0.1% | |
| Citizens Bank | $2,205,000 | n/a | 0.1% | |
| LOANPAL, LLC | $3,595,000 | $2,195,000 | -38.9% | 0.1% |
| HomeStreet Bank | $2,625,000 | $2,105,000 | -19.8% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $1,875,000 | $2,080,000 | 10.9% | 0.1% |
| GEORGIA'S OWN | $1,450,000 | $2,055,000 | 41.7% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,935,000 | $2,055,000 | 6.2% | 0.1% |
| QUORUM FEDERAL CREDIT UNION | $480,000 | $2,005,000 | 317.7% | 0.1% |
| First Interstate Bank | $1,430,000 | $1,985,000 | 38.8% | 0.1% |
| CARDINAL FINANCIAL | $1,810,000 | $1,915,000 | 5.8% | 0.1% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $13,575,000 | $1,905,000 | -86.0% | 0.1% |
| MORTGAGEONE, INC. | $1,345,000 | $1,825,000 | 35.7% | 0.1% |
| Flagstar Bank, FSB | $13,020,000 | $1,755,000 | -86.5% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,745,000 | n/a | 0.1% | |
| Loan Simple, Inc. | $2,045,000 | $1,640,000 | -19.8% | 0.1% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $860,000 | $1,625,000 | 89.0% | 0.1% |
| SUMMIT MORTGAGE CORPORATION | $2,320,000 | $1,615,000 | -30.4% | 0.1% |
| Clackamas Federal Credit Union | $1,215,000 | $1,580,000 | 30.0% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $1,680,000 | $1,565,000 | -6.8% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,655,000 | $1,540,000 | -6.9% | 0.1% |
| The Huntington National Bank | $575,000 | $1,490,000 | 159.1% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $1,480,000 | n/a | 0.1% | |
| M&T Bank | $125,000 | $1,465,000 | 1,072.0% | 0.1% |
| ARC HOME LLC | $1,315,000 | $1,440,000 | 9.5% | 0.1% |
| GESA | $1,440,000 | n/a | 0.1% | |
| HomeTrust Bank | $230,000 | $1,405,000 | 510.9% | 0.1% |
| RANLIFE, INC. | $975,000 | $1,400,000 | 43.6% | 0.1% |
| Bethpage Federal Credit Union | $1,120,000 | $1,390,000 | 24.1% | 0.1% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $1,335,000 | n/a | 0.0% | |
| NBKC BANK | $4,435,000 | $1,315,000 | -70.3% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,310,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $770,000 | $1,275,000 | 65.6% | 0.0% |
| RESIDENTIAL BANCORP | $300,000 | $1,195,000 | 298.3% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $815,000 | $1,185,000 | 45.4% | 0.0% |
| Washington Trust Bank | $775,000 | $1,145,000 | 47.7% | 0.0% |
| RED CANOE CREDIT UNION | $765,000 | $1,125,000 | 47.1% | 0.0% |
| Nations Lending Corporation | $1,340,000 | $1,065,000 | -20.5% | 0.0% |
| Discover Bank | $4,710,000 | $1,050,000 | -77.7% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $1,045,000 | n/a | 0.0% | |
| First Federal Bank | $1,815,000 | $1,040,000 | -42.7% | 0.0% |
| Farmers Bank & Trust | $1,030,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $900,000 | $1,025,000 | 13.9% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $225,000 | $1,005,000 | 346.7% | 0.0% |
| Florida Capital Bank | $315,000 | $1,005,000 | 219.0% | 0.0% |
| NORTHMARQ CAPITAL FINANCE, L.L.C. | $1,005,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $285,000 | $1,000,000 | 250.9% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $2,895,000 | $995,000 | -65.6% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $475,000 | $990,000 | 108.4% | 0.0% |
| RESIDENTIAL MORTGAGE, LLC | $1,750,000 | $990,000 | -43.4% | 0.0% |
| SAMMAMISH MORTGAGE COMPANY | $530,000 | $990,000 | 86.8% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $455,000 | $985,000 | 116.5% | 0.0% |
| OREGONIANS CREDIT UNION | $1,315,000 | $940,000 | -28.5% | 0.0% |
| 5TH STREET CAPITAL, INC. | $225,000 | $930,000 | 313.3% | 0.0% |
| Clackamas County Bank | $1,835,000 | $925,000 | -49.6% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $790,000 | $920,000 | 16.5% | 0.0% |
| HighTechLending Inc | $185,000 | $920,000 | 397.3% | 0.0% |
| GTE Federal Credit Union | $280,000 | $905,000 | 223.2% | 0.0% |
| T2 FINANCIAL LLC | $855,000 | n/a | 0.0% | |
| ROGUE | $1,885,000 | $840,000 | -55.4% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $815,000 | n/a | 0.0% | |
| Fifth Third Bank | $205,000 | $805,000 | 292.7% | 0.0% |
| MORIA DEVELOPMENT, INC. | $800,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $600,000 | $780,000 | 30.0% | 0.0% |
| The Union Bank Company | $770,000 | n/a | 0.0% | |
| Consolidated Federal Credit Union | $115,000 | $750,000 | 552.2% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $2,995,000 | $730,000 | -75.6% | 0.0% |
| First International Bank & Trust | $715,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $1,060,000 | $715,000 | -32.5% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $710,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $21,020,000 | $700,000 | -96.7% | 0.0% |
| AMWEST FUNDING CORP. | $325,000 | $690,000 | 112.3% | 0.0% |
| MOUNTAIN AMERICA | $295,000 | $675,000 | 128.8% | 0.0% |
| SOUTHWEST FUNDING, LP | $445,000 | $670,000 | 50.6% | 0.0% |
| CENTENNIAL LENDING, LLC | $385,000 | $660,000 | 71.4% | 0.0% |
| MLD MORTGAGE INC. | $635,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $135,000 | $620,000 | 359.3% | 0.0% |
| OAKTREE FUNDING CORP. | $610,000 | n/a | 0.0% | |
| PacWest Funding Inc. | $610,000 | n/a | 0.0% | |
| NP, Inc. | $1,225,000 | $575,000 | -53.1% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $1,430,000 | $570,000 | -60.1% | 0.0% |
| UBS Bank USA | $565,000 | n/a | 0.0% | |
| Credence Funding Corporation | $475,000 | $555,000 | 16.8% | 0.0% |
| LADERA LENDING, INC. | $730,000 | $550,000 | -24.7% | 0.0% |
| US MORTGAGE CORPORATION | $275,000 | $530,000 | 92.7% | 0.0% |
| TJC Mortgage, Inc. | $525,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $385,000 | $525,000 | 36.4% | 0.0% |
| Charles Schwab Bank, SSB | $625,000 | $520,000 | -16.8% | 0.0% |
| EVERETT FINANCIAL, INC. | $295,000 | $520,000 | 76.3% | 0.0% |
| First-Citizens Bank & Trust Company | $255,000 | $515,000 | 102.0% | 0.0% |
| Gateway First Bank | $505,000 | n/a | 0.0% | |
| NMSI, INC. | $495,000 | n/a | 0.0% | |
| BAY-VALLEY MORTGAGE GROUP | $680,000 | $485,000 | -28.7% | 0.0% |
| Heritage Bank | $35,000 | $485,000 | 1,285.7% | 0.0% |
| JMJ FINANCIAL GROUP | $485,000 | n/a | 0.0% | |
| ONY GLO, INC. | $955,000 | $485,000 | -49.2% | 0.0% |
| Paramount Bank | $1,095,000 | $485,000 | -55.7% | 0.0% |
| PNC Bank | $2,780,000 | $485,000 | -82.6% | 0.0% |
| Strong Home Mortgage, LLC | $385,000 | $475,000 | 23.4% | 0.0% |
| FIBRE FEDERAL CREDIT UNION | $1,410,000 | $460,000 | -67.4% | 0.0% |
| Gulf Coast Bank and Trust Company | $460,000 | n/a | 0.0% | |
| ISERVE RESIDENTIAL LENDING, LLC | $455,000 | n/a | 0.0% | |
| Alerus Financial | $445,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $1,115,000 | $435,000 | -61.0% | 0.0% |
| HOMESTEAD FUNDING CORP. | $435,000 | n/a | 0.0% | |
| UNITED MORTGAGE CORP | $740,000 | $435,000 | -41.2% | 0.0% |
| Watermark Capital, Inc. | $435,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $425,000 | n/a | 0.0% | |
| IDAHO STATE UNIVERSITY | $415,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $335,000 | $405,000 | 20.9% | 0.0% |
| Nicolet National Bank | $395,000 | n/a | 0.0% | |
| UNITED | $390,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $385,000 | n/a | 0.0% | |
| Magnolia Bank | $1,630,000 | $385,000 | -76.4% | 0.0% |
| Truist | $375,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $370,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $195,000 | $365,000 | 87.2% | 0.0% |
| The Dart Bank | $365,000 | n/a | 0.0% | |
| Golden Empire Mortgage, Inc. | $1,110,000 | $355,000 | -68.0% | 0.0% |
| Raymond James Bank | $355,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $215,000 | $345,000 | 60.5% | 0.0% |
| NuVision Federal Credit Union | $335,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $335,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $75,000 | $320,000 | 326.7% | 0.0% |
| General Mortgage Capital Corporation | $315,000 | n/a | 0.0% | |
| F&A Federal Credit Union | $305,000 | n/a | 0.0% | |
| Armed Forces Bank | $295,000 | n/a | 0.0% | |
| City Lending Inc. | $525,000 | $295,000 | -43.8% | 0.0% |
| EVANSVILLE TEACHERS | $295,000 | $295,000 | 0.0% | 0.0% |
| Peoples Bank | $295,000 | n/a | 0.0% | |
| Sunflower Bank | $1,660,000 | $285,000 | -82.8% | 0.0% |
| ALL IN | $265,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $1,855,000 | $255,000 | -86.3% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $245,000 | n/a | 0.0% | |
| APCI Federal Credit Union | $235,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $475,000 | $235,000 | -50.5% | 0.0% |
| COLUMBIA COMMUNITY CREDIT UNION | $1,755,000 | $230,000 | -86.9% | 0.0% |
| INTERCAP LENDING INC. | $255,000 | $225,000 | -11.8% | 0.0% |
| Presidential Bank, FSB | $225,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $460,000 | $205,000 | -55.4% | 0.0% |
| Brighton Bank | $195,000 | n/a | 0.0% | |
| Mid Oregon Federal Credit Union | $240,000 | $180,000 | -25.0% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $145,000 | n/a | 0.0% | |
| INFINITY EQUITY GROUP, INC. | $135,000 | n/a | 0.0% | |
| STAR USA FEDERAL CREDIT UNION | $135,000 | n/a | 0.0% | |
| WASHINGTON STATE EMPLOYEES Credit Union | $15,000 | $135,000 | 800.0% | 0.0% |
| Zions Bank | $115,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $105,000 | n/a | 0.0% | |
| Pacific NW Federal Credit Union | $110,000 | $95,000 | -13.6% | 0.0% |
| NFM, INC. | $1,040,000 | $85,000 | -91.8% | 0.0% |
| Baxter Credit Union | $60,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $105,000 | $55,000 | -47.6% | 0.0% |
| Qualstar Credit Union | $55,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $55,000 | n/a | 0.0% | |
| KINECTA | $175,000 | $25,000 | -85.7% | 0.0% |
SALEM's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 5.8% market share. In second place, with 5.7%, is QUICKEN LOANS, LLC, having originated $157,070,000 in loans. In third place, with 5.5%, is GUILD MORTGAGE COMPANY, having originated $151,655,000 in loans. In fourth place, with 4.3%, is MARION AND POLK SCHOOLS CREDIT UNION, having originated $118,910,000 in loans. In fifth place, with 3.0%, is NATIONS DIRECT MORTGAGE, LLC, having originated $82,390,000 in loans.
SALEM Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SALEM (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $377,425 (36.6%) | $492,987 (36.0%) | 1.40 | 714 |
| 2018-02-01 | $377,450 (34.3%) | $486,422 (32.0%) | 1.37 | 712 |
| 2018-03-01 | $374,900 (32.3%) | $478,838 (28.6%) | 1.32 | 740 |
| 2018-04-01 | $384,175 (30.2%) | $499,384 (29.3%) | 1.30 | 763 |
| 2018-05-01 | $389,450 (31.4%) | $496,079 (28.1%) | 1.30 | 857 |
| 2018-06-01 | $385,900 (29.9%) | $488,871 (29.4%) | 1.29 | 924 |
| 2018-07-01 | $394,700 (12.3%) | $487,251 (10.4%) | 1.32 | 978 |
| 2018-08-01 | $375,450 (5.3%) | $461,644 (2.1%) | 1.26 | 1,168 |
| 2018-09-01 | $369,900 (5.7%) | $450,427 (0.5%) | 1.24 | 1,235 |
| 2018-10-01 | $367,450 (0.0%) | $448,628 (-2.7%) | 1.24 | 1,236 |
| 2018-11-01 | $362,200 (-2.1%) | $438,794 (-6.5%) | 1.23 | 1,223 |
| 2018-12-01 | $364,900 (-3.1%) | $443,344 (-9.0%) | 1.26 | 1,131 |
| 2019-01-01 | $367,950 (-2.5%) | $440,939 (-10.6%) | 1.27 | 1,066 |
| 2019-02-01 | $362,550 (-4.0%) | $423,348 (-13.0%) | 1.22 | 1,026 |
| 2019-03-01 | $364,371 (-2.8%) | $423,742 (-11.5%) | 1.19 | 1,036 |
| 2019-04-01 | $365,000 (-5.0%) | $426,010 (-14.7%) | 1.16 | 1,063 |
| 2019-05-01 | $364,950 (-6.3%) | $429,362 (-13.5%) | 1.14 | 1,140 |
| 2019-06-01 | $364,998 (-5.4%) | $428,208 (-12.4%) | 1.14 | 1,253 |
| 2019-07-01 | $369,900 (-6.3%) | $429,676 (-11.8%) | 1.16 | 1,317 |
| 2019-08-01 | $373,609 (-0.5%) | $434,708 (-5.8%) | 1.18 | 1,299 |
| 2019-09-01 | $371,523 (0.4%) | $443,484 (-1.5%) | 1.19 | 1,288 |
| 2019-10-01 | $372,682 (1.4%) | $453,796 (1.2%) | 1.20 | 1,253 |
| 2019-11-01 | $380,450 (5.0%) | $462,231 (5.3%) | 1.25 | 1,126 |
| 2019-12-01 | $380,000 (4.1%) | $467,497 (5.5%) | 1.27 | 978 |
| 2020-01-01 | $387,475 (5.3%) | $474,112 (7.5%) | 1.29 | 852 |
| 2020-02-01 | $389,900 (7.5%) | $480,831 (13.6%) | 1.28 | 794 |
| 2020-03-01 | $404,975 (11.1%) | $501,706 (18.4%) | 1.27 | 770 |
| 2020-04-01 | $399,450 (9.4%) | $481,605 (13.1%) | 1.25 | 833 |
| 2020-05-01 | $414,900 (13.7%) | $503,742 (17.3%) | 1.26 | 767 |
| 2020-06-01 | $423,925 (16.1%) | $516,805 (20.7%) | 1.25 | 668 |
| 2020-07-01 | $429,450 (16.1%) | $532,956 (24.0%) | 1.24 | 632 |
| 2020-08-01 | $425,000 (13.8%) | $540,325 (24.3%) | 1.22 | 578 |
| 2020-09-01 | $438,075 (17.9%) | $553,802 (24.9%) | 1.26 | 496 |
| 2020-10-01 | $419,999 (12.7%) | $542,943 (19.6%) | 1.20 | 498 |
| 2020-11-01 | $429,900 (13.0%) | $559,831 (21.1%) | 1.26 | 418 |
| 2020-12-01 | $424,500 (11.7%) | $568,387 (21.6%) | 1.26 | 344 |
| 2021-01-01 | $444,500 (14.7%) | $608,697 (28.4%) | 1.33 | 294 |
| 2021-02-01 | $449,300 (15.2%) | $597,622 (24.3%) | 1.31 | 255 |
| 2021-03-01 | $427,400 (5.5%) | $569,909 (13.6%) | 1.21 | 275 |
| 2021-04-01 | $433,625 (8.6%) | $597,237 (24.0%) | 1.17 | 299 |
| 2021-05-01 | $450,000 (8.5%) | $569,194 (13.0%) | 1.20 | 354 |
| 2021-06-01 | $462,218 (9.0%) | $589,623 (14.1%) | 1.22 | 418 |
| 2021-07-01 | $449,950 (4.8%) | $595,122 (11.7%) | 1.19 | 509 |
| 2021-08-01 | $462,104 (8.7%) | $595,086 (10.1%) | 1.23 | 573 |
| 2021-09-01 | $463,500 (5.8%) | $617,436 (11.5%) | 1.24 | 625 |
| 2021-10-01 | $450,000 (7.1%) | $622,429 (14.6%) | 1.20 | 623 |
| 2021-11-01 | $455,225 (5.9%) | $634,623 (13.4%) | 1.22 | 531 |
| 2021-12-01 | $482,975 (13.8%) | $663,040 (16.7%) | 1.31 | 439 |
| 2022-01-01 | $496,475 (11.7%) | $730,178 (20.0%) | 1.34 | 345 |
| 2022-02-01 | $499,000 (11.1%) | $765,098 (28.0%) | 1.30 | 326 |
| 2022-03-01 | $509,950 (19.3%) | $744,159 (30.6%) | 1.28 | 348 |
| 2022-04-01 | $506,630 (16.8%) | $686,111 (14.9%) | 1.21 | 414 |
| 2022-05-01 | $509,998 (13.3%) | $660,496 (16.0%) | 1.17 | 503 |
| 2022-06-01 | $504,945 (9.2%) | $645,544 (9.5%) | 1.12 | 619 |
| 2022-07-01 | $499,900 (11.1%) | $617,545 (3.8%) | 1.13 | 815 |
| 2022-08-01 | $499,000 (8.0%) | $607,389 (2.1%) | 1.15 | 897 |
| 2022-09-01 | $497,000 (7.2%) | $604,679 (-2.1%) | 1.16 | 935 |
| 2022-10-01 | $489,225 (8.7%) | $567,286 (-8.9%) | 1.15 | 975 |
| 2022-11-01 | $484,945 (6.5%) | $570,383 (-10.1%) | 1.17 | 954 |
| 2022-12-01 | $489,000 (1.3%) | $589,835 (-11.0%) | 1.21 | 838 |
| 2023-01-01 | $491,998 (-0.9%) | $589,971 (-19.2%) | 1.22 | 727 |
| 2023-02-01 | $497,000 (-0.4%) | $596,657 (-22.0%) | 1.20 | 646 |
| 2023-03-01 | $500,724 (-1.8%) | $614,653 (-17.4%) | 1.18 | 642 |
| 2023-04-01 | $506,140 (-0.1%) | $627,086 (-8.6%) | 1.18 | 604 |
| 2023-05-01 | $507,450 (-0.5%) | $633,381 (-4.1%) | 1.15 | 639 |
| 2023-06-01 | $503,868 (-0.2%) | $621,945 (-3.7%) | 1.13 | 748 |
| 2023-07-01 | $525,000 (5.0%) | $631,180 (2.2%) | 1.19 | 819 |
| 2023-08-01 | $517,474 (3.7%) | $632,566 (4.2%) | 1.19 | 864 |
| 2023-09-01 | $495,000 (-0.4%) | $610,032 (0.9%) | 1.15 | 881 |
| 2023-10-01 | $489,450 (0.1%) | $606,533 (6.9%) | 1.15 | 905 |
| 2023-11-01 | $481,450 (-0.7%) | $603,261 (5.8%) | 1.15 | 875 |
| 2023-12-01 | $475,000 (-2.9%) | $599,052 (1.6%) | 1.16 | 809 |
| 2024-01-01 | $481,995 (-2.0%) | $611,083 (3.6%) | 1.18 | 728 |
| 2024-02-01 | $489,220 (-1.6%) | $614,220 (2.9%) | 1.18 | 684 |
| 2024-03-01 | $499,000 (-0.3%) | $625,846 (1.8%) | 1.17 | 712 |
| 2024-04-01 | $510,950 (1.0%) | $630,805 (0.6%) | 1.19 | 802 |
| 2024-05-01 | $522,450 (3.0%) | $634,712 (0.2%) | 1.19 | 885 |
| 2024-06-01 | $522,750 (3.8%) | $630,666 (1.4%) | 1.19 | 969 |
| 2024-07-01 | $519,950 (-1.0%) | $634,457 (0.5%) | 1.19 | 1,096 |
| 2024-08-01 | $525,000 (1.5%) | $635,382 (0.5%) | 1.22 | 1,123 |
| 2024-09-01 | $524,425 (5.9%) | $631,234 (3.5%) | 1.23 | 1,091 |
| 2024-10-01 | $522,450 (6.7%) | $626,372 (3.3%) | 1.24 | 1,041 |
| 2024-11-01 | $520,000 (8.0%) | $620,855 (2.9%) | 1.25 | 1,015 |
| 2024-12-01 | $520,000 (9.5%) | $614,898 (2.7%) | 1.29 | 871 |
| 2025-01-01 | $521,500 (8.2%) | $617,203 (1.0%) | 1.30 | 787 |
| 2025-02-01 | $535,938 (9.6%) | $630,810 (2.7%) | 1.30 | 810 |
| 2025-03-01 | $549,900 (10.2%) | $644,799 (3.0%) | 1.29 | 834 |
| 2025-04-01 | $547,000 (7.1%) | $637,912 (1.1%) | 1.27 | 878 |
| 2025-05-01 | $539,900 (3.3%) | $650,074 (2.4%) | 1.23 | 974 |
| 2025-06-01 | $546,711 (4.6%) | $652,850 (3.5%) | 1.24 | 1,125 |
| 2025-07-01 | $549,900 (5.8%) | $653,551 (3.0%) | 1.25 | 1,214 |
| 2025-08-01 | $539,900 (2.8%) | $651,650 (2.6%) | 1.26 | 1,240 |
| 2025-09-01 | $529,384 (1.0%) | $647,625 (2.6%) | 1.25 | 1,262 |
| 2025-10-01 | $529,100 (1.3%) | $647,475 (3.4%) | 1.25 | 1,240 |
| 2025-11-01 | $526,000 (1.2%) | $651,711 (5.0%) | 1.27 | 1,141 |
| 2025-12-01 | $525,000 (1.0%) | $646,909 (5.2%) | 1.31 | 1,057 |
| 2026-01-01 | $519,900 (-0.3%) | $643,160 (4.2%) | 1.30 | 970 |
| 2026-02-01 | $519,525 (-3.1%) | $659,787 (4.6%) | 1.29 | 991 |
| 2026-03-01 | $525,000 (-4.5%) | $665,107 (3.2%) | 1.26 | 998 |
| 2026-04-01 | $525,000 (-4.0%) | $663,672 (4.0%) | 1.24 | 1,031 |
| 2026-05-01 | $529,000 (-2.0%) | $660,813 (1.7%) | 1.23 | 1,153 |
| 2026-06-01 | $529,450 (-3.2%) | $653,175 (0.1%) | 1.23 | 1,280 |
| 2026-07-01 | $527,475 (-4.1%) | $652,945 (-0.1%) | 1.23 | 1,440 |
| 2026-08-01 | $525,000 (-2.8%) | $649,637 (-0.3%) | 1.24 | 1,501 |
| 2026-09-01 | $517,000 (-2.3%) | $635,606 (-1.9%) | 0.00 | 1,533 |
| 2026-10-01 | $499,999 (-5.5%) | $625,773 (-3.4%) | 0.00 | 1,488 |
SALEM's median listing price for 2026-10-01 was $499,999, a difference of
$-29,101
(-5.5%) versus the prior year and
$-17,001 versus the prior month.
SALEM's median listing price comes in at 0% of the national average.
SALEM's average listing price for 2026-10-01 was $625,773, a difference of $-21,702 (-3.4%) versus the prior year and $-9,833 versus the prior month.
For the 2026-10-01 period, SALEM had 1,488 MLS listings, a difference of -45 listings (-3%) versus the prior month and 248 listings (20%) versus the prior year.
SALEM's median listing price comes in at 0% of the national average.
SALEM's average listing price for 2026-10-01 was $625,773, a difference of $-21,702 (-3.4%) versus the prior year and $-9,833 versus the prior month.
For the 2026-10-01 period, SALEM had 1,488 MLS listings, a difference of -45 listings (-3%) versus the prior month and 248 listings (20%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SALEM (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 69 days | 2,099 sqft |
| 2018-02-01 | 53 days | 2,058 sqft |
| 2018-03-01 | 38 days | 2,032 sqft |
| 2018-04-01 | 39 days | 2,037 sqft |
| 2018-05-01 | 31 days | 2,070 sqft |
| 2018-06-01 | 33 days | 2,030 sqft |
| 2018-07-01 | 41 days | 2,079 sqft |
| 2018-08-01 | 36 days | 2,031 sqft |
| 2018-09-01 | 43 days | 1,994 sqft |
| 2018-10-01 | 55 days | 1,996 sqft |
| 2018-11-01 | 56 days | 1,968 sqft |
| 2018-12-01 | 66 days | 1,969 sqft |
| 2019-01-01 | 73 days | 1,949 sqft |
| 2019-02-01 | 55 days | 1,931 sqft |
| 2019-03-01 | 48 days | 1,955 sqft |
| 2019-04-01 | 45 days | 1,952 sqft |
| 2019-05-01 | 41 days | 1,927 sqft |
| 2019-06-01 | 37 days | 1,950 sqft |
| 2019-07-01 | 40 days | 1,955 sqft |
| 2019-08-01 | 45 days | 1,990 sqft |
| 2019-09-01 | 50 days | 1,999 sqft |
| 2019-10-01 | 52 days | 2,018 sqft |
| 2019-11-01 | 57 days | 2,027 sqft |
| 2019-12-01 | 68 days | 2,005 sqft |
| 2020-01-01 | 75 days | 1,993 sqft |
| 2020-02-01 | 67 days | 1,995 sqft |
| 2020-03-01 | 45 days | 2,023 sqft |
| 2020-04-01 | 46 days | 1,989 sqft |
| 2020-05-01 | 52 days | 2,076 sqft |
| 2020-06-01 | 45 days | 2,144 sqft |
| 2020-07-01 | 35 days | 2,157 sqft |
| 2020-08-01 | 33 days | 2,053 sqft |
| 2020-09-01 | 37 days | 2,097 sqft |
| 2020-10-01 | 38 days | 2,017 sqft |
| 2020-11-01 | 55 days | 2,029 sqft |
| 2020-12-01 | 57 days | 1,989 sqft |
| 2021-01-01 | 37 days | 2,084 sqft |
| 2021-02-01 | 30 days | 1,956 sqft |
| 2021-03-01 | 19 days | 1,873 sqft |
| 2021-04-01 | 19 days | 1,868 sqft |
| 2021-05-01 | 14 days | 1,879 sqft |
| 2021-06-01 | 18 days | 1,944 sqft |
| 2021-07-01 | 22 days | 1,933 sqft |
| 2021-08-01 | 24 days | 1,938 sqft |
| 2021-09-01 | 28 days | 1,907 sqft |
| 2021-10-01 | 32 days | 1,856 sqft |
| 2021-11-01 | 37 days | 1,876 sqft |
| 2021-12-01 | 44 days | 1,932 sqft |
| 2022-01-01 | 52 days | 1,952 sqft |
| 2022-02-01 | 28 days | 1,896 sqft |
| 2022-03-01 | 27 days | 1,908 sqft |
| 2022-04-01 | 22 days | 1,864 sqft |
| 2022-05-01 | 25 days | 1,912 sqft |
| 2022-06-01 | 23 days | 1,897 sqft |
| 2022-07-01 | 29 days | 1,855 sqft |
| 2022-08-01 | 36 days | 1,901 sqft |
| 2022-09-01 | 46 days | 1,899 sqft |
| 2022-10-01 | 48 days | 1,842 sqft |
| 2022-11-01 | 55 days | 1,812 sqft |
| 2022-12-01 | 71 days | 1,848 sqft |
| 2023-01-01 | 83 days | 1,846 sqft |
| 2023-02-01 | 84 days | 1,863 sqft |
| 2023-03-01 | 56 days | 1,890 sqft |
| 2023-04-01 | 50 days | 1,851 sqft |
| 2023-05-01 | 34 days | 1,871 sqft |
| 2023-06-01 | 33 days | 1,805 sqft |
| 2023-07-01 | 40 days | 1,865 sqft |
| 2023-08-01 | 45 days | 1,865 sqft |
| 2023-09-01 | 51 days | 1,824 sqft |
| 2023-10-01 | 55 days | 1,815 sqft |
| 2023-11-01 | 58 days | 1,790 sqft |
| 2023-12-01 | 71 days | 1,781 sqft |
| 2024-01-01 | 79 days | 1,733 sqft |
| 2024-02-01 | 73 days | 1,746 sqft |
| 2024-03-01 | 50 days | 1,815 sqft |
| 2024-04-01 | 37 days | 1,865 sqft |
| 2024-05-01 | 39 days | 1,881 sqft |
| 2024-06-01 | 46 days | 1,896 sqft |
| 2024-07-01 | 47 days | 1,878 sqft |
| 2024-08-01 | 50 days | 1,900 sqft |
| 2024-09-01 | 63 days | 1,884 sqft |
| 2024-10-01 | 66 days | 1,881 sqft |
| 2024-11-01 | 65 days | 1,873 sqft |
| 2024-12-01 | 74 days | 1,850 sqft |
| 2025-01-01 | 79 days | 1,862 sqft |
| 2025-02-01 | 79 days | 1,882 sqft |
| 2025-03-01 | 57 days | 1,882 sqft |
| 2025-04-01 | 51 days | 1,885 sqft |
| 2025-05-01 | 51 days | 1,899 sqft |
| 2025-06-01 | 51 days | 1,919 sqft |
| 2025-07-01 | 52 days | 1,920 sqft |
| 2025-08-01 | 57 days | 1,907 sqft |
| 2025-09-01 | 65 days | 1,889 sqft |
| 2025-10-01 | 71 days | 1,915 sqft |
| 2025-11-01 | 74 days | 1,897 sqft |
| 2025-12-01 | 83 days | 1,882 sqft |
| 2026-01-01 | 85 days | 1,852 sqft |
| 2026-02-01 | 70 days | 1,832 sqft |
| 2026-03-01 | 58 days | 1,880 sqft |
| 2026-04-01 | 53 days | 1,894 sqft |
| 2026-05-01 | 49 days | 1,934 sqft |
| 2026-06-01 | 48 days | 1,920 sqft |
| 2026-07-01 | 51 days | 1,926 sqft |
| 2026-08-01 | 59 days | 1,914 sqft |
| 2026-09-01 | 0 days | 1,902 sqft |
| 2026-10-01 | 0 days | 1,881 sqft |
SALEM's median listing age (time on market) for 2026-10-01 was 0 days.
This
is -100%
shorter
than the same period one year ago.
SALEM's median square footage for active listings during the 2026-10-01 period was 1,881 sqft. One year prior, the average listing was 1,915 sqft.
SALEM's median square footage for active listings during the 2026-10-01 period was 1,881 sqft. One year prior, the average listing was 1,915 sqft.
SALEM, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,131 | $1,702,605,000 | $412,153 |
| Cash Out Refi | 1,384 | $351,900,000 | $254,263 |
| Other | 1,133 | $139,115,000 | $122,785 |
| Home Improvement | 1,113 | $122,915,000 | $110,436 |
| Refi | 1,055 | $455,165,000 | $431,436 |
Salem's most frequently cited loan purpose was Home Purchase, with 4,131 originations. The 2nd most popular reason was Cash Out Refi, with 1,384 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,343 | $1,329,415,000 | $397,671 |
| 7-8% | 1,974 | $429,430,000 | $217,543 |
| Over 8% | 1,624 | $186,970,000 | $115,129 |
| 5-6% | 1,584 | $720,020,000 | $454,558 |
| 4-5% | 147 | $54,735,000 | $372,347 |
| 3-4% | 52 | $20,630,000 | $396,731 |
| <2.5% | 48 | $4,160,000 | $86,667 |
| 2.5-3% | 13 | $3,505,000 | $269,615 |
During 2025, Salem's most frequently originated rate bucket was 6-7%, with 3,343 originations.
Loan Sizing (SALEM, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,040 | $953,290,000 | $313,582 |
| $400k-600k | 1,992 | $935,210,000 | $469,483 |
| $100,000 or less | 1,935 | $104,935,000 | $54,230 |
| $100k-200k | 1,371 | $189,305,000 | $138,078 |
| $600k-1000k | 405 | $287,655,000 | $710,259 |
| $Over $1MM | 73 | $301,305,000 | $4,127,466 |
SALEM's loan sizing saw the bucket of loans from $200k-400k with 3,040 originations, totaling $953,290,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,083 | $1,307,905,000 | $424,231 |
| Under 20% | 1,988 | $127,480,000 | $64,125 |
| 60-80% | 1,487 | $687,095,000 | $462,068 |
| 20-40% | 1,197 | $226,025,000 | $188,826 |
| 40-60% | 800 | $299,060,000 | $373,825 |
| Over 100% | 102 | $52,240,000 | $512,157 |
SALEM's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,083 originations, totaling $1,307,905,000 in origination value.