Real Estate Overview for Salem


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $290,970
  • for week ending Aug 26
  • -$529
  • -0.2%
  • w-o-w

Median Sales Price

  • $200,000
  • May '15 - Aug '15
  • +$13,500
  • +7.2%
  • y-o-y

Average Listing Price $290,970 -0.2% w-o-w
Median Sales Price $200,000 +7.2% y-o-y
Average Price/sqft $132 +4.8% y-o-y
Number of Sales 755 +17.2 % y-o-y

<
Most popular neighborhoods Avg. listing Price
Week ending Aug 26
w-o-w
West Salem $294,769 -0.8%
South Gateway $309,145 +0.1%
Northeast Neighbors $231,736 +3.3%
South Salem $312,686 -0.4%
Faye Wright $245,740 -0.5%
Movers & Shakers Avg. listing price
Week ending Aug 26
w-o-w
Northeast Salem $164,945 +29.1%
Lansing $124,412 -25.6%
East Lancaster $169,588 +22.8%
Central Area $372,500 -9.1%
Croisan-Illahe $568,896 +7.0%
View Salem Home Prices Map

Summary for Salem


Average price per square foot for Salem OR was $132, an increase of 10% compared to the same period last year. The median sales price for homes in Salem OR for May 15 to Aug 15 was $200,000 based on 755 home sales. Compared to the same period one year ago, the median home sales price increased 7.2%, or $13,500, and the number of home sales increased 17.2%. There are currently 1,435 resale and new homes in Salem on Trulia, including 6 open houses, as well as 302 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Salem OR was $290,970 for the week ending Aug 26, which represents a decrease of 0.2%, or $529, compared to the prior week. Popular neighborhoods in Salem include West Salem and South Gateway, with average listing prices of $294,769 and $309,145.


District Type Grades Schools Students
Salem-keizer School District 24j Public K - 12 68 39,047
Oregon Department Of Education Public K - 12 4 532
School Name School Type Grades Parent Rating
St. Vincent De Paul School Catholic PK - 6
Candalaria Elementary School Public K - 5
Pratum Elementary School Public K - 8
View all Salem Schools
Homes for Sale in Salem
View all Salem Homes for Sale