Salem Market Report
$596,148
AVERAGE PRICE OF 1,007 HOMES$542,808
AVERAGE PRICE OF 133 NEWLY BUILT HOMES$773,782
AVERAGE PRICE OF 36 HOMES WITH A POOL$2,286,718
AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES$492,040
AVERAGE PRICE OF 48 REDUCED PRICE HOMES$250,000
AVERAGE PRICE OF 1 DISTRESSED HOMESAverage Home
| Average Price | $596,148 |
| Avg Bedrooms | 3.45 beds |
| Avg Bathrooms | 2.36 baths |
Average Price by Bedrooms
| 1 bedroom | $260,100 |
| 2 bedrooms | $306,793 |
| 3 bedrooms | $492,454 |
| 4 bedrooms | $619,240 |
| 5 bedrooms | $700,972 |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Sprague High School | 223 | $570,130 | 29 days |
| South Salem High School | 186 | $568,036 | 33 days |
| West Salem High School | 149 | $581,070 | 28 days |
| North Salem High School | 144 | $442,792 | 37 days |
| McKay High School | 121 | $414,954 | 26 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,007 | $596,148 | 34 days |
| Newly Built Homes | 133 | $542,808 | 48 days |
| Homes with a Pool | 36 | $773,782 | 51 days |
| Multi-Million Dollar Homes | 64 | $2,286,718 | 75 days |
| Reduced Price Homes | 48 | $492,040 | 28 days |
| Distressed Homes | 1 | $250,000 | 17 days |
