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Salem Market Report

$447,092

AVERAGE PRICE OF 695 HOMES

$333,740

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,503,275

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$402,574

AVERAGE PRICE OF 175 NEWLY BUILT HOMES

$757,387

AVERAGE PRICE OF 35 HOMES WITH A POOL

$422,749

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $447,092
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $331,894
2 bedrooms $258,823
3 bedrooms $370,804
4 bedrooms $538,617
5 bedrooms $686,354
Salem Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 787 974 1,064 1,142 1,175
Average Price $443,100 $433,119 $429,649 $430,561 $424,375
Avg Price Change +2.30% +0.81% -0.21% +1.46% -0.92%
Median Price $361,207 $355,289 $351,523 $352,682 $351,849
Med Price Change +1.67% +1.07% -0.33% +0.24% -1.16%
Avg Bedrooms 3.4 beds 3.4 beds 3.38 beds 3.39 beds 3.38 beds
Avg Bathrooms 2.26 baths 2.25 baths 2.24 baths 2.24 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 108 $331,371 52 days
North Salem 69 $338,296 80 days
South Salem 150 $407,868 84 days
Sprague 167 $571,285 123 days
West Salem 94 $548,287 142 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 695 $447,092 92 days
Distressed Homes 4 $333,740 68 days
Multi-Million Dollar Homes 32 $1,503,275 145 days
Newly Built Homes 175 $402,574 81 days
Homes with a Pool 35 $757,387 140 days
Reduced Price Homes 10 $422,749 43 days
Sadle Home Selling Team | Keller Williams Realty Professionals
Rick Sadle, Ceo
9755 SW Barnes Rd. #560
Portland, OR 97225
503-828-9551
Licensed Principal Broker in OR, Licensed Broker in WA
Ph/Text/Fax 503-828-9551

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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 Rick Sadle - Keller Williams Realty Professionals 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 1/24/2021 6:53 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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