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Salem Market Report

$587,696

AVERAGE PRICE OF 1,383 HOMES

$239,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,837,970

AVERAGE PRICE OF 112 MULTI-MILLION DOLLAR HOMES

$551,353

AVERAGE PRICE OF 141 NEWLY BUILT HOMES

$834,781

AVERAGE PRICE OF 56 HOMES WITH A POOL

$491,124

AVERAGE PRICE OF 81 REDUCED PRICE HOMES

Average Home

Average Price $587,696
Avg Bedrooms 6.95 beds
Avg Bathrooms 6.13 baths

Average Price by Bedrooms

1 bedroom $297,075
2 bedrooms $287,766
3 bedrooms $500,335
4 bedrooms $697,805
5 bedrooms $814,250
Salem Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 1,272 1,155 1,062 984 972
Average Price $584,855 $578,280 $596,237 $577,156 $572,249
Avg Price Change +1.14% -3.11% +3.31% +0.86% -1.89%
Median Price $480,542 $476,063 $472,351 $470,506 $461,437
Med Price Change +0.94% +0.79% +0.39% +1.97% +1.70%
Avg Bedrooms 7.22 beds 7.46 beds 7.8 beds 5.36 beds 3.01 beds
Avg Bathrooms 6.43 baths 6.65 baths 6.97 baths 4.56 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price
South Salem 107 $592,679
Sprague 195 $666,865
Total Homes Average Price
All Homes 1,383 $587,696
Distressed Homes 1 $239,900
Multi-Million Dollar Homes 112 $1,837,970
Newly Built Homes 141 $551,353
Homes with a Pool 56 $834,781
Reduced Price Homes 81 $491,124

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The Gillott Home Team | Keller Williams Realty Mid-Willamette | Licensed Oregon Broker
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 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 7/17/2025 1:21 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2025 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.
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