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Salem Market Report

$439,476

AVERAGE PRICE OF 895 HOMES

$197,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,651,994

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$438,011

AVERAGE PRICE OF 197 NEWLY BUILT HOMES

$734,020

AVERAGE PRICE OF 30 HOMES WITH A POOL

$525,621

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $439,476
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $316,716
2 bedrooms $257,419
3 bedrooms $386,123
4 bedrooms $516,446
5 bedrooms $652,752
Salem Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 848 781 n/a 685 787
Average Price $427,846 $430,547 n/a $829,833 $443,100
Avg Price Change -0.63% n/a n/a +87.28% +2.30%
Median Price $374,773 $371,805 n/a $363,038 $361,207
Med Price Change +0.80% n/a n/a +0.51% +1.67%
Avg Bedrooms 3.31 beds 3.32 beds n/a 3.38 beds 3.4 beds
Avg Bathrooms 2.17 baths 2.18 baths n/a 2.25 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 141 $351,908 46 days
North Salem 112 $363,870 40 days
South Salem 178 $400,562 54 days
Sprague 206 $550,792 50 days
West Salem 120 $537,330 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 895 $439,476 56 days
Distressed Homes 2 $197,500 123 days
Multi-Million Dollar Homes 20 $1,651,994 188 days
Newly Built Homes 197 $438,011 82 days
Homes with a Pool 30 $734,020 160 days
Reduced Price Homes 22 $525,621 23 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 5/12/2021 2:57 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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