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Salem Market Report

$490,416

AVERAGE PRICE OF 538 HOMES

$1,413,525

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$540,661

AVERAGE PRICE OF 95 NEWLY BUILT HOMES

$657,490

AVERAGE PRICE OF 31 HOMES WITH A POOL

$455,705

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $490,416
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $222,833
2 bedrooms $241,086
3 bedrooms $468,939
4 bedrooms $623,911
5 bedrooms $713,611
Salem Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 882 925 966 990 993
Average Price $560,694 $558,920 $556,344 $561,996 $562,781
Avg Price Change +0.32% +0.46% -1.02% -0.14% -1.20%
Median Price $449,664 $450,979 $449,894 $460,266 $464,699
Med Price Change -0.29% +0.24% -2.31% -0.96% -0.92%
Avg Bedrooms 3.05 beds 3.05 beds 3.03 beds 3.06 beds 3.07 beds
Avg Bathrooms 2.28 baths 2.25 baths 2.24 baths 2.24 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Sprague 120 $551,520 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 538 $490,416 84 days
Multi-Million Dollar Homes 20 $1,413,525 166 days
Newly Built Homes 95 $540,661 115 days
Homes with a Pool 31 $657,490 93 days
Reduced Price Homes 29 $455,705 68 days

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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 2/24/2024 6:09 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2024 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.
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