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 HOMESAverage 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 |
