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Salem

Why you'd want to live in Salem

Salem, Oregon, the state capital, offers a mix of urban and suburban living with a strong sense of community. The city is home to several historical sites, museums, and cultural institutions, providing residents with a rich cultural experience. Salem's numerous parks and recreational facilities, such as Minto-Brown Island Park and Bush's Pasture Park, offer plenty of opportunities for outdoor activities. The city's growing economy and diverse job market make it an attractive place for professionals and families alike. Additionally, Salem's proximity to both the coast and the mountains allows for easy access to a variety of outdoor adventures.

Salem Market Report

$586,534

AVERAGE PRICE OF 1,255 HOMES

$239,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,895,873

AVERAGE PRICE OF 95 MULTI-MILLION DOLLAR HOMES

$544,181

AVERAGE PRICE OF 129 NEWLY BUILT HOMES

$864,989

AVERAGE PRICE OF 51 HOMES WITH A POOL

$480,829

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $586,534
Avg Bedrooms 7.31 beds
Avg Bathrooms 6.53 baths

Average Price by Bedrooms

1 bedroom $302,212
2 bedrooms $297,088
3 bedrooms $501,877
4 bedrooms $707,408
5 bedrooms $800,292
Salem Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 1,155 1,062 984 972 948
Average Price $578,280 $596,237 $577,156 $572,249 $583,070
Avg Price Change -3.11% +3.31% +0.86% -1.89% +0.62%
Median Price $476,063 $472,351 $470,506 $461,437 $453,735
Med Price Change +0.79% +0.39% +1.97% +1.70% -1.39%
Avg Bedrooms 7.46 beds 7.8 beds 5.36 beds 3.01 beds 2.96 beds
Avg Bathrooms 6.65 baths 6.97 baths 4.56 baths 2.23 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price
South Salem 98 $619,896
Sprague 177 $663,509
Total Homes Average Price
All Homes 1,255 $586,534
Distressed Homes 1 $239,900
Multi-Million Dollar Homes 95 $1,895,873
Newly Built Homes 129 $544,181
Homes with a Pool 51 $864,989
Reduced Price Homes 88 $480,829

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Realty One Group
Diana Hernandez Lopez
2668 Cascadia Industrial St SE
Salem, OR 97302
541-905-8426

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 Diana Hernandez Lopez- Realty One Group 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 6/16/2025 2:27 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
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