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Salem Market Report

$479,556

AVERAGE PRICE OF 1,027 HOMES

$235,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,645,133

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$477,395

AVERAGE PRICE OF 189 NEWLY BUILT HOMES

$625,887

AVERAGE PRICE OF 34 HOMES WITH A POOL

$482,284

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $479,556
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $380,625
2 bedrooms $325,139
3 bedrooms $419,270
4 bedrooms $558,905
5 bedrooms $706,378
Salem Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 1,007 926 848 781 n/a
Average Price $462,418 $441,993 $427,846 $430,547 n/a
Avg Price Change +4.62% +3.31% -0.63% n/a n/a
Median Price $393,610 $388,600 $374,773 $371,805 n/a
Med Price Change +1.29% +3.69% +0.80% n/a n/a
Avg Bedrooms 3.39 beds 3.36 beds 3.31 beds 3.32 beds n/a
Avg Bathrooms 2.19 baths 2.17 baths 2.17 baths 2.18 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 176 $373,646 43 days
North Salem 132 $369,646 49 days
South Salem 202 $418,191 59 days
Sprague 241 $657,202 48 days
West Salem 168 $572,817 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,027 $479,556 54 days
Distressed Homes 1 $235,000 38 days
Multi-Million Dollar Homes 37 $1,645,133 54 days
Newly Built Homes 189 $477,395 79 days
Homes with a Pool 34 $625,887 146 days
Reduced Price Homes 46 $482,284 26 days
The Gillott Home Team | Keller Williams Realty Mid-Willamette | Licensed Oregon Broker
266 East Grant Street
Lebanon, OR 97355
541-451-2211

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 Keller Williams Realty Mid-Willamette 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 7/24/2021 9:41 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2021 Willamette Valley Multiple Listing Service. All rights reserved. The data relating to real estate for sale comes in part from the Willamette Valley Multiple Listing Service. Information contained on this site is deemed reliable but not guaranteed.
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