If you need assistance, please call 503-877-6000

Salem Market Report

$534,144

AVERAGE PRICE OF 749 HOMES

$615,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,538,568

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$548,164

AVERAGE PRICE OF 101 NEWLY BUILT HOMES

$776,405

AVERAGE PRICE OF 45 HOMES WITH A POOL

$483,643

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $534,144
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

1 bedroom $289,230
2 bedrooms $236,642
3 bedrooms $485,590
4 bedrooms $698,346
5 bedrooms $810,356
Salem Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 1,263 1,339 1,350 1,323 1,239
Average Price $594,396 $578,633 $581,114 $569,077 $564,965
Avg Price Change +2.72% -0.43% +2.12% +0.73% +1.99%
Median Price $469,253 $468,388 $469,589 $463,847 $463,256
Med Price Change +0.18% -0.26% +1.24% +0.13% -0.41%
Avg Bedrooms 3.08 beds 3.07 beds 3.06 beds 3.08 beds 3.07 beds
Avg Bathrooms 2.28 baths 2.29 baths 2.26 baths 2.27 baths 2.28 baths
Home Price by High School
School Name Total Homes Average Price
Sprague 180 $647,251
Home Price by House Size
Total Homes Average Price
All Homes 749 $534,144
Distressed Homes 1 $615,000
Multi-Million Dollar Homes 44 $1,538,568
Newly Built Homes 101 $548,164
Homes with a Pool 45 $776,405
Reduced Price Homes 45 $483,643

Powered by
Powered by
BrightHome Real Estate Group
3505 Commercial St
Salem, OR 97302
503-877-6000

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 Amy Clark - BrightHome Real Estate 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 11/6/2024 2:15 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2024 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.
This site powered by CINC: www.cincpro.com