05/21/2026
The #1 question I am asked by homebuyers in Salem right now is:
“Is now a good time to buy, or should I wait for prices to drop?”
If you are a first-time homebuyer, a veteran utilizing your VA benefits, or a family relocating to Oregon, this is likely in the front of your mind. For the last few years, the market felt like a frantic sprint. Today, we are seeing a shift - and it is a shift that actually works in your favor.
Here is the reality of the Salem market: waiting for a dramatic price crash is not a reliable strategy. Home values in areas like Keizer, West Salem and SE Salem are holding steady.
However, what buyers do have right now is something we haven't seen in years: Leverage. Inventory has stabilized, meaning you no longer have to waive your inspection contingencies or make emotional, rushed decisions to win a bidding war. For our veterans, this means VA loans are highly competitive again. For first-time buyers and those relocating from out of state, it means you have the time and the breathing room to negotiate and truly understand the neighborhood you are buying into.
Control in real estate doesn't come from perfectly timing interest rates; it comes from being prepared.
If you are thinking about purchasing a home this year, let’s stop trying to time the market and start building a structured plan for your long-term security. Send me a message, and let's map out your strategy.
Proven strategies tailored to your unique story
Eleanor Lee Martin
Real Estate Advisor
Keller Williams Capital City