If you need assistance, please call 503-830-9467

Salem Market Report

$435,291

AVERAGE PRICE OF 905 HOMES

$402,840

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,514,306

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$380,951

AVERAGE PRICE OF 194 NEWLY BUILT HOMES

$669,461

AVERAGE PRICE OF 38 HOMES WITH A POOL

$548,950

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $435,291
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $412,235
2 bedrooms $234,532
3 bedrooms $367,060
4 bedrooms $541,524
5 bedrooms $615,298
Salem Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings n/a 1,064 1,142 1,175 1,171
Average Price n/a $429,649 $430,561 $424,375 $428,279
Avg Price Change n/a -0.21% +1.46% -0.92% +0.50%
Median Price n/a $351,523 $352,682 $351,849 $355,945
Med Price Change n/a -0.33% +0.24% -1.16% +0.37%
Avg Bedrooms n/a 3.38 beds 3.39 beds 3.38 beds 3.42 beds
Avg Bathrooms n/a 2.24 baths 2.24 baths 2.23 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 145 $336,610 63 days
North Salem 109 $328,365 67 days
South Salem 183 $405,885 72 days
Sprague 220 $546,925 98 days
West Salem 121 $538,435 129 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 905 $435,291 84 days
Distressed Homes 2 $402,840 34 days
Multi-Million Dollar Homes 32 $1,514,306 120 days
Newly Built Homes 194 $380,951 81 days
Homes with a Pool 38 $669,461 102 days
Reduced Price Homes 10 $548,950 54 days
Keller Williams Realty - Benson Broker Group
Colleen Benson
1900 Hines St. SE Ste 220
Salem, OR 97302
503-830-9467

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 Keller Williams Realty Capital City 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 12/1/2020 3:15 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2020 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.
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