If you need assistance, please call 503-485-1900

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 HOMES

Average 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
Blum Real Estate
The Blum Team
735 Commercial St. SE
Salem, OR 97301
503-485-1900

© 2022 Willamette Valley Multiple Listing Service. All rights reserved. The data relating to real estate for sale comes in part from the Willamette Valley Multiple Listing Service. 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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