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Salem Market Report

$654,562

AVERAGE PRICE OF 374 HOMES

$299,999

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,630,432

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$698,972

AVERAGE PRICE OF 90 NEWLY BUILT HOMES

$671,537

AVERAGE PRICE OF 8 HOMES WITH A POOL

$521,249

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $654,562
Avg Bedrooms 2.9 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $201,850
2 bedrooms $297,178
3 bedrooms $453,761
4 bedrooms $603,805
5 bedrooms $859,496
Salem Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 358 351 364 375 377
Average Price $654,579 $667,727 $658,828 $653,157 $658,277
Avg Price Change -2.01% +1.35% +0.87% -0.78% -0.41%
Median Price $450,429 $458,088 $459,553 $463,131 $476,886
Med Price Change -1.70% -0.32% -0.78% -2.97% +0.46%
Avg Bedrooms 2.89 beds 2.87 beds 2.83 beds 2.84 beds 2.9 beds
Avg Bathrooms 2.15 baths 2.15 baths 2.1 baths 2.1 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
South Salem 97 $594,309 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 374 $654,562 100 days
Distressed Homes 1 $299,999 168 days
Multi-Million Dollar Homes 34 $2,630,432 183 days
Newly Built Homes 90 $698,972 74 days
Homes with a Pool 8 $671,537 119 days
Reduced Price Homes 14 $521,249 83 days
Keller Williams Portland Central
919 NE 19th Ave #100
Portland, OR 97232
503-548-4848

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 KW-United Home Group-Oregon Coast 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 3/3/2024 7:49 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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