Marion County Real Estate Market Update – March 2026 (Salem & Keizer)

Home Prices Remain Steady

The median sales price in March 2026 was $444,000, showing a slight increase compared to both last year and the previous month.

This tells us that home values are holding strong, even as other parts of the market shift.

More Homes Are Coming on the Market

There were 300 new listings in March, which is a noticeable increase compared to earlier months.

More listings means buyers are starting to see more options—and we’re moving toward a more balanced market.

Inventory Is Growing

Active inventory rose to 511 homes available, giving buyers more choices than we’ve seen in recent months.

This is one of the biggest shifts happening right now.

Homes Are Taking Longer to Sell

The median days on market is now 66 days, which is up compared to last year.

This means homes are sitting a little longer, giving buyers more time to make decisions and negotiate.

Buyer Activity Is Still Strong

There were 192 closed sales in March, showing that buyers are still actively purchasing homes despite interest rates and market changes.

What About Competition?

Homes are still selling close to asking price, with sellers receiving about 99.1% of their list price on average.

This shows that while the market is shifting, it’s not a drastic slowdown.

What This Means for Buyers

If you’re thinking about buying:

• You have more options than before
• Homes are sitting longer (less pressure)
• There may be more room to negotiate

This is a noticeable shift from the highly competitive markets we’ve seen over the past few years.

What This Means for Sellers

If you’re thinking about selling:

• Pricing strategy matters more than ever
• Homes are still selling—but not instantly
• Presentation and marketing make a bigger difference

The market is still strong, but it’s becoming more balanced.

How This Fits Into Living in Salem & Keizer

Spring is one of the busiest seasons for real estate in this area. As more listings hit the market, many buyers are also exploring the community.

Final Thoughts

The Marion County real estate market in March 2026 shows a shift toward a more balanced market:

• Prices are steady
• Inventory is increasing
• Homes are taking longer to sell
• Buyers are gaining a bit more leverage

Whether you’re buying or selling, strategy matters more right now than it has in the past few years.

Thinking about buying or selling in Salem or Keizer?

Reach out anytime to see if I might be a good fit for you! You can check out my reviews or schedule a time to talk—no pressure, just information.

Start here:
https://linktr.ee/HannahOregonRealtor