If you need assistance, please call 971-600-3663

Salem Market Report

$484,216

AVERAGE PRICE OF 889 HOMES

$219,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,302,489

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$527,470

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$570,208

AVERAGE PRICE OF 31 HOMES WITH A POOL

$374,272

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $484,216
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $266,745
2 bedrooms $265,649
3 bedrooms $434,055
4 bedrooms $589,589
5 bedrooms $685,476
Salem Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 1,077 1,095 1,071 1,008
Average Price n/a $483,397 $491,562 $487,662 $479,025
Avg Price Change n/a -1.69% +0.80% +1.80% +3.59%
Median Price n/a $398,332 $400,547 $401,500 $401,281
Med Price Change n/a -0.56% -0.24% +0.05% +1.95%
Avg Bedrooms n/a 3.28 beds 3.29 beds 3.34 beds 3.38 beds
Avg Bathrooms n/a 2.13 baths 2.14 baths 2.17 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 108 $360,465 60 days
North Salem 125 $388,162 57 days
South Salem 210 $443,179 65 days
Sprague 195 $575,893 66 days
West Salem 121 $620,344 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 889 $484,216 62 days
Distressed Homes 1 $219,900 66 days
Multi-Million Dollar Homes 24 $2,302,489 99 days
Newly Built Homes 124 $527,470 85 days
Homes with a Pool 31 $570,208 116 days
Reduced Price Homes 29 $374,272 41 days
Realty ONE Group Willamette Valley
2668 Cascadia Industrial St SE #150
Salem, OR 97302
971-600-3663

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 Ty Hildebrand - Realty ONE Group Willamette Valley 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 12/5/2021 7:37 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.
This site powered by CINC: www.cincpro.com