If you need assistance, please call 503-588-7667

  • Salem Market Report

    $364,892

    AVERAGE PRICE OF 771 HOMES

    $279,900

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,450,866

    AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

    $399,970

    AVERAGE PRICE OF 133 NEWLY BUILT HOMES

    $529,029

    AVERAGE PRICE OF 43 HOMES WITH A POOL

    $437,110

    AVERAGE PRICE OF 29 REDUCED PRICE HOMES

    Average Home

    Average Price $364,892
    Avg Bedrooms 3.35 beds
    Avg Bathrooms 2.41 baths

    Average Price by Bedrooms

    1 bedroom $97,450
    2 bedrooms $228,333
    3 bedrooms $331,248
    4 bedrooms $433,929
    5 bedrooms $492,467
    Salem Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 726 695 750 841 843
    Average Price $363,595 $389,773 $405,661 $397,171 $401,655
    Avg Price Change -7.20% -4.08% +2.14% -1.13% +0.16%
    Median Price $319,815 $327,357 $325,181 $322,421 $325,942
    Med Price Change -2.36% +0.67% +0.86% -1.09% -0.65%
    Avg Bedrooms 3.34 beds 3.36 beds 3.38 beds 3.35 beds 3.35 beds
    Avg Bathrooms 2.41 baths 2.45 baths 2.44 baths 2.41 baths 2.43 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    McKay 87 $283,322 53 days
    North Salem 78 $292,789 47 days
    South Salem 134 $350,098 64 days
    Sprague 170 $404,078 79 days
    West Salem 149 $429,533 73 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 771 $364,892 68 days
    Distressed Homes 1 $279,900 106 days
    Multi-Million Dollar Homes 11 $1,450,866 353 days
    Newly Built Homes 133 $399,970 88 days
    Homes with a Pool 43 $529,029 84 days
    Reduced Price Homes 29 $437,110 78 days
    ;