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Salem

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
HomeStar Brokers
Matt Mahoney
4093 Commercial St SE #130
Salem, OR 97302
503-428-3084

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM) of Portland, Oregon. Real estate listings held by brokerage firms other than Matt Mahoney - HomeStar Brokers are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS(TM), Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 11/28/2021 2:51 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2021 Willamette Valley Multiple Listing Service. All rights reserved. The data relating to real estate for sale comes in part from the Willamette Valley Multiple Listing Service. Information contained on this site is deemed reliable but not guaranteed.
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