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Salem Market Report

$443,387

AVERAGE PRICE OF 695 HOMES

$333,740

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,451,826

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$405,237

AVERAGE PRICE OF 174 NEWLY BUILT HOMES

$752,735

AVERAGE PRICE OF 36 HOMES WITH A POOL

$401,608

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $443,387
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $331,894
2 bedrooms $262,903
3 bedrooms $371,154
4 bedrooms $520,302
5 bedrooms $699,155
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 107 $330,842 54 days
North Salem 64 $343,402 78 days
South Salem 148 $408,657 86 days
Sprague 168 $549,849 120 days
West Salem 98 $543,455 141 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 695 $443,387 92 days
Distressed Homes 4 $333,740 71 days
Multi-Million Dollar Homes 30 $1,451,826 147 days
Newly Built Homes 174 $405,237 83 days
Homes with a Pool 36 $752,735 141 days
Reduced Price Homes 11 $401,608 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 1/27/2021 3:36 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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