Salem Market Report
$537,907
AVERAGE PRICE OF 659 HOMES$553,732
AVERAGE PRICE OF 83 NEWLY BUILT HOMES$751,628
AVERAGE PRICE OF 37 HOMES WITH A POOL$1,895,423
AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES$541,359
AVERAGE PRICE OF 46 REDUCED PRICE HOMESAverage Home
| Average Price | $537,907 |
| Avg Bedrooms | 3.42 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $294,600 |
| 2 bedrooms | $306,925 |
| 3 bedrooms | $486,460 |
| 4 bedrooms | $644,012 |
| 5 bedrooms | $713,026 |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Sprague High School | 166 | $562,969 | 43 days |
| South Salem High School | 115 | $550,829 | 48 days |
| North Salem High School | 91 | $421,570 | 50 days |
| McKay High School | 88 | $425,621 | 31 days |
| West Salem High School | 87 | $604,467 | 40 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 659 | $537,907 | 43 days |
| Newly Built Homes | 83 | $553,732 | 81 days |
| Homes with a Pool | 37 | $751,628 | 53 days |
| Multi-Million Dollar Homes | 26 | $1,895,423 | 111 days |
| Reduced Price Homes | 46 | $541,359 | 26 days |
| Distressed Homes | n/a | n/a | n/a |
