Abstract: Soil moisture is known to influence the accuracy of predictions of soil organic matter (SOM) by visible and near-infrared diffuse reflectance spectroscopy. However, the predictions may still be sufficient for analysis under specific moisture conditions with acceptable accuracy. Our study aimed to assess the accuracy of predicting SOM under various moisture conditions and to explore the appropriate soil moistures for reliable predictions. In this study, reflectance spectra (380–2,400 nm) of 62 soil samples were measured in the laboratory under various moisture conditions. Partial least-squares regression was used to build the calibration model between the first-derivative spectra and Log (SOM). The results showed that visible and near-infrared method was capable of predicting SOM content under moist conditions and that the prediction was reliable when soil moisture was less than 22% (wt/wt). The results of this study identify the potential to predict SOM under wet soil conditions in areas with loam soils and should help determine the range of soil moisture appropriate in SOM predictions for future research.