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Salem Market Report

$557,845

AVERAGE PRICE OF 1,175 HOMES

$299,999

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,998,636

AVERAGE PRICE OF 75 MULTI-MILLION DOLLAR HOMES

$678,292

AVERAGE PRICE OF 185 NEWLY BUILT HOMES

$663,529

AVERAGE PRICE OF 37 HOMES WITH A POOL

$462,791

AVERAGE PRICE OF 70 REDUCED PRICE HOMES

Average Home

Average Price $557,845
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $237,335
2 bedrooms $259,655
3 bedrooms $487,061
4 bedrooms $607,150
5 bedrooms $738,706
Salem Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,105 977 893 882 925
Average Price $561,468 $557,052 $556,292 $560,694 $558,920
Avg Price Change +0.79% +0.14% -0.79% +0.32% +0.46%
Median Price $460,092 $450,297 $446,432 $449,664 $450,979
Med Price Change +2.18% +0.87% -0.72% -0.29% +0.24%
Avg Bedrooms 3.08 beds 3.07 beds 3.06 beds 3.05 beds 3.05 beds
Avg Bathrooms 2.31 baths 2.28 baths 2.28 baths 2.28 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
North Salem 92 $429,484 65 days
Sprague 182 $577,613 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,175 $557,845 77 days
Distressed Homes 1 $299,999 249 days
Multi-Million Dollar Homes 75 $1,998,636 136 days
Newly Built Homes 185 $678,292 82 days
Homes with a Pool 37 $663,529 60 days
Reduced Price Homes 70 $462,791 54 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 5/22/2024 7:08 AM 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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