If you need assistance, please call 541-359-1999

Salem Market Report

$570,473

AVERAGE PRICE OF 959 HOMES

$1,967,579

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$665,591

AVERAGE PRICE OF 164 NEWLY BUILT HOMES

$722,692

AVERAGE PRICE OF 50 HOMES WITH A POOL

$476,535

AVERAGE PRICE OF 73 REDUCED PRICE HOMES

Average Home

Average Price $570,473
Avg Bedrooms 3.07 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $333,200
2 bedrooms $290,411
3 bedrooms $496,795
4 bedrooms $619,858
5 bedrooms $855,122
Salem Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 993 1,037 1,009 1,010 932
Average Price $562,781 $569,543 $579,752 $599,966 $595,812
Avg Price Change -1.20% -1.79% -3.49% +0.70% +1.46%
Median Price $464,699 $468,967 $466,653 $459,754 $450,945
Med Price Change -0.92% +0.50% +1.50% +1.95% -0.20%
Avg Bedrooms 3.07 beds 3.09 beds 3.12 beds 3.07 beds 3.03 beds
Avg Bathrooms 2.25 baths 2.29 baths 2.34 baths 2.31 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 96 $428,308 54 days
North Salem 169 $438,508 61 days
South Salem 239 $581,556 73 days
Sprague 190 $606,004 67 days
West Salem 133 $738,093 96 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 959 $570,473 73 days
Multi-Million Dollar Homes 64 $1,967,579 126 days
Newly Built Homes 164 $665,591 79 days
Homes with a Pool 50 $722,692 98 days
Reduced Price Homes 73 $476,535 41 days

Powered by
The Josh Cooley Team | Keller Williams Realty Eugene and Salem Areas
Josh Cooley
2645 Suzanne Way Suite 2A
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 10/4/2023 12:15 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2023 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.
This site powered by CINC: www.cincpro.com