If you need assistance, please call 503-753-4898

Salem Market Report

$548,650

AVERAGE PRICE OF 933 HOMES

$2,074,036

AVERAGE PRICE OF 49 MULTI-MILLION DOLLAR HOMES

$648,885

AVERAGE PRICE OF 169 NEWLY BUILT HOMES

$710,407

AVERAGE PRICE OF 52 HOMES WITH A POOL

$494,038

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

$322,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $548,650
Avg Bedrooms 3.04 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $281,166
2 bedrooms $284,340
3 bedrooms $483,336
4 bedrooms $596,886
5 bedrooms $849,762
Salem Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 966 990 993 1,037 1,009
Average Price $556,344 $561,996 $562,781 $569,543 $579,752
Avg Price Change -1.02% -0.14% -1.20% -1.79% -3.49%
Median Price $449,894 $460,266 $464,699 $468,967 $466,653
Med Price Change -2.31% -0.96% -0.92% +0.50% +1.50%
Avg Bedrooms 3.03 beds 3.06 beds 3.07 beds 3.09 beds 3.12 beds
Avg Bathrooms 2.24 baths 2.24 baths 2.25 baths 2.29 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
McKay 122 $409,627 59 days
North Salem 168 $416,832 74 days
South Salem 218 $566,794 94 days
Sprague 182 $593,554 75 days
West Salem 116 $794,569 103 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 933 $548,650 85 days
Multi-Million Dollar Homes 49 $2,074,036 176 days
Newly Built Homes 169 $648,885 92 days
Homes with a Pool 52 $710,407 98 days
Reduced Price Homes 39 $494,038 50 days
Distressed Homes 2 $322,500 53 days

Powered by
Keller Williams Mid Willamette | Kish Realty Group
Cherise Kish
2125 SW Pacific Blvd
Albany, OR 97321
503-753-4898

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 Cherise Kish - Keller Williams Mid Willamette - Kish Realty Group 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 12/2/2023 3:25 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2023 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
This site powered by CINC: www.cincpro.com