Why you'd want to live in Salem

Salem is the capital city of Oregon. Set amid a park with gardens, the domed Oregon State Capitol contains a collection of art by Oregon artists. The Hallie Ford Museum of Art includes works by Pacific Northwest and Native American artists. The Willamette Heritage Center includes a Victorian wool mill, plus 19th-century homes with period furnishings. The Bush House Museum is an Italianate mansion built in 1878.

Salem Market Report

$484,167

AVERAGE PRICE OF 948 HOMES

$219,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,302,489

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$532,853

AVERAGE PRICE OF 130 NEWLY BUILT HOMES

$557,460

AVERAGE PRICE OF 33 HOMES WITH A POOL

$542,857

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price	$484,167
Avg Bedrooms	3.31 beds
Avg Bathrooms	2.15 baths

Average Price by Bedrooms

1 bedroom	$307,977
2 bedrooms	$283,859
3 bedrooms	$430,216
4 bedrooms	$595,838
5 bedrooms	$693,772

Salem Home Price Trends

	10/2021	9/2021	8/2021	7/2021	6/2021
Total Listings	1,077	1,095	1,071	1,008	1,007
Average Price	$483,397	$491,562	$487,662	$479,025	$462,418
Avg Price Change	-1.69%	+0.80%	+1.80%	+3.59%	+4.62%
Median Price	$398,332	$400,547	$401,500	$401,281	$393,610
Med Price Change	-0.56%	-0.24%	+0.05%	+1.95%	+1.29%
Avg Bedrooms	3.28 beds	3.29 beds	3.34 beds	3.38 beds	3.39 beds
Avg Bathrooms	2.13 baths	2.14 baths	2.17 baths	2.19 baths	2.19 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
McKay	116	$363,541	55 days
North Salem	131	$384,334	54 days
South Salem	220	$446,738	65 days
Sprague	210	$564,569	65 days
West Salem	139	$602,747	61 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	948	$484,167	60 days
Distressed Homes	1	$219,900	59 days
Multi-Million Dollar Homes	24	$2,302,489	92 days
Newly Built Homes	130	$532,853	83 days
Homes with a Pool	33	$557,460	118 days
Reduced Price Homes	19	$542,857	33 days

Salem

Why you'd want to live in Salem

Salem Market Report

$484,167

$219,900

$2,302,489

$532,853

$557,460

$542,857

Average Home

Average Price by Bedrooms

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