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Salem Market Report

$659,207

AVERAGE PRICE OF 372 HOMES

$299,999

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,585,420

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$703,067

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$671,537

AVERAGE PRICE OF 8 HOMES WITH A POOL

$596,499

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $659,207
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $201,850
2 bedrooms $305,438
3 bedrooms $455,083
4 bedrooms $605,691
5 bedrooms $869,428
Salem Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 882 925 966 990 993
Average Price $560,694 $558,920 $556,344 $561,996 $562,781
Avg Price Change +0.32% +0.46% -1.02% -0.14% -1.20%
Median Price $449,664 $450,979 $449,894 $460,266 $464,699
Med Price Change -0.29% +0.24% -2.31% -0.96% -0.92%
Avg Bedrooms 3.05 beds 3.05 beds 3.03 beds 3.06 beds 3.07 beds
Avg Bathrooms 2.28 baths 2.25 baths 2.24 baths 2.24 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
South Salem 93 $602,261 111 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 372 $659,207 101 days
Distressed Homes 1 $299,999 164 days
Multi-Million Dollar Homes 35 $2,585,420 174 days
Newly Built Homes 88 $703,067 73 days
Homes with a Pool 8 $671,537 115 days
Reduced Price Homes 21 $596,499 73 days

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The Cooley Real Estate Group | Keller Williams Realty Eugene and Salem Areas
Josh Cooley
3007 N Delta Hwy, Suite 205
Eugene, OR 97408
541-359-1999

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 Josh Cooley - The Josh Cooley Team / Keller Williams Realty 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 2/27/2024 4:49 PM 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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