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

Salem Market Report

$547,081

AVERAGE PRICE OF 553 HOMES

$552,811

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$832,056

AVERAGE PRICE OF 25 HOMES WITH A POOL

$1,960,074

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$544,979

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $547,081
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $195,833
2 bedrooms $304,268
3 bedrooms $466,606
4 bedrooms $685,673
5 bedrooms $696,267
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Sprague High School 120 $575,254 50 days
South Salem High School 99 $556,846 52 days
West Salem High School 86 $616,183 38 days
North Salem High School 85 $440,827 42 days
McKay High School 60 $460,262 38 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 553 $547,081 44 days
Newly Built Homes 73 $552,811 79 days
Homes with a Pool 25 $832,056 57 days
Multi-Million Dollar Homes 27 $1,960,074 96 days
Reduced Price Homes 15 $544,979 33 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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