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Salem Market Report

$469,284

AVERAGE PRICE OF 1,041 HOMES

$235,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,710,611

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$456,640

AVERAGE PRICE OF 204 NEWLY BUILT HOMES

$710,376

AVERAGE PRICE OF 30 HOMES WITH A POOL

$521,942

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $469,284
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $329,564
2 bedrooms $294,780
3 bedrooms $411,473
4 bedrooms $538,614
5 bedrooms $714,220
Salem Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 926 848 781 n/a 685
Average Price $441,993 $427,846 $430,547 n/a $829,833
Avg Price Change +3.31% -0.63% n/a n/a +87.28%
Median Price $388,600 $374,773 $371,805 n/a $363,038
Med Price Change +3.69% +0.80% n/a n/a +0.51%
Avg Bedrooms 3.36 beds 3.31 beds 3.32 beds n/a 3.38 beds
Avg Bathrooms 2.17 baths 2.17 baths 2.18 baths n/a 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 178 $369,937 44 days
North Salem 139 $379,462 42 days
South Salem 209 $407,417 57 days
Sprague 234 $669,016 44 days
West Salem 150 $582,684 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,041 $469,284 54 days
Distressed Homes 1 $235,000 9 days
Multi-Million Dollar Homes 39 $1,710,611 63 days
Newly Built Homes 204 $456,640 84 days
Homes with a Pool 30 $710,376 196 days
Reduced Price Homes 34 $521,942 30 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 6/25/2021 8:12 AM 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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