$861,200
- 4 Beds
- 2 Baths
- 2,340 sqft (on 2.95 acres)
357 Rees Hill Rd SE, Salem, OR 97306
Est. Refi. Payment $5,056/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 16, 2021 for $710,000
Home Value
Trulia Estimate
$861KSince last month
Decreased$9K (-1%)Since last year
Increased$19K (+2.2%)Since last sale
Increased$151K (+21.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +39% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $861K |
| August 2026 | $861K |
| July 2026 | $870K |
| June 2026 | $872K |
| May 2026 | $871K |
| April 2026 | $861K |
| March 2026 | $857K |
| February 2026 | $866K |
| January 2026 | $860K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.39 | Single-Family Home | $583,000 | 12/17/25 | 3 | 1.5 | 1,726 | |
0.38 | Single-Family Home | $525,000 | 05/07/26 | 4 | 2 | 1,904 | |
0.54 | Single-Family Home | $781,084 | 05/27/26 | 4 | 2 | 2,086 | |
0.36 | Single-Family Home | $549,000 | 04/10/26 | 3 | 2 | 1,877 | |
0.50 | Single-Family Home | $759,000 | 10/07/25 | 3 | 2 | 2,222 | |
0.60 | Single-Family Home | $653,123 | 01/29/26 | 4 | 2 | 2,187 | |
0.60 | Single-Family Home | $635,000 | 07/14/26 | 4 | 2 | 2,086 | |
0.40 | Single-Family Home | $1,086,000 | 09/10/25 | 4 | 3.5 | 3,108 | |
0.65 | Single-Family Home | $655,000 | 07/28/26 | 4 | 2 | 2,228 | |
0.44 | Single-Family Home | $500,000 | 07/10/26 | 4 | 3 | 2,079 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.19 | $879,000 | 4 | 4 | 2,850 | For Sale | |
0.24 | $414,600 | 3 | 1 | 924 | Off Market | |
0.30 | $1,495,000 | 5 | 3 | 4,733 | Recently Sold | |
0.28 | $492,800 | 2 | 1 | 1,105 | Off Market | |
0.28 | $493,100 | 3 | 2 | 2,043 | Off Market | |
0.33 | $190,000 | - | - | - | For Sale | |
0.33 | $160,000 | - | - | - | Recently Sold | |
0.35 | $735,000 | 5 | 2 | 3,324 | For Sale | |
0.35 | $844,800 | 4 | 3 | 3,353 | Off Market | |
0.36 | $549,000 | 3 | 2 | 1,877 | Recently Sold | |
0.36 | $625,000 | 4 | 2.5 | 2,698 | For Sale | |
0.38 | $525,000 | 4 | 2 | 1,904 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1982
2.95 acre lot
2,340 sqft
$368/sqft
Garage
About this House
This single-family home is located at 357 Rees Hill Rd SE, Salem, OR. 357 Rees Hill Rd SE is in Salem, OR and in ZIP code 97306. This property has 4 bedrooms, 2 bathrooms and approximately 2,340 sqft of floor space. This property has a lot size of 2.95 acres and was built in 1982.
357 Rees Hill Rd SE, Salem, OR 97306 is a 4 bedroom, 2 bathroom, 2,340 sqft single-family home built in 1982. It last sold for $710,000 on Feb 16, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $861,200, with a rent estimate of $3,058/month.
Home Details for 357 Rees Hill Rd SE
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Interior Details BasementTypes of Rooms: Breakfast Nook, Dining Room |
Heating & Cooling Heating: Heat Pump, Stove, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood, Linoleum Vinyl |
Appliances & Utilities DishwasherDisposalMicrowave |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: MetalDeckExterior: Wood, BrickPatioPorch |
Parking & Garage GarageParking Spaces: 4Parking: Garage Detached |
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Year Built Year Built: 1982 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 2.95 acres |
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RV Parking Rv Parking |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 17, 2024 Source: WVMLS #770825 | ListingRemoved | $739,900 |
Feb 16, 2021 Source: RMLS (OR) #20354573 | Sold | $710,000 |
Jan 25, 2021 Source: WVMLS #770825 | Contingent | $739,900 |
Jan 20, 2021 Source: WVMLS #770825 | PendingToActive | $739,900 |
Dec 29, 2020 Source: RMLS (OR) #20354573 | Pending | $739,900 |
Dec 11, 2020 Source: Agent Provided | PriceChange | $739,900 Price decreased by 5% |
Nov 30, 2020 Source: Agent Provided | PriceChange | $774,900 Price decreased by 2% |
Nov 11, 2020 Source: Agent Provided | Listed For Sale | $789,900 |
Mar 29, 2017 Source: N/A | Sold | $450,000 |
Jul 16, 2010 Source: N/A | Sold | $380,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,271 | $858,800 |
Home facts updated by county records
Market trends in Salem
Last updated July 2026
Avg. sale price
$436K
$8KMoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$2MoM
Available listings
887
49MoM
Around this home
What Locals Say about Salem
At least 1137 Trulia users voted on each feature.
86 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say car is needed
77 % Say parking is easy
76 % Say yards are well-kept
73 % Say there's holiday spirit
70 % Say kids play outside
59 % Say it's walkable to grocery stores
55 % Say it's quiet
55 % Say people would walk alone at night
54 % Say streets are well-lit
52 % Say it's walkable to restaurants
50 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
41 % Say there's wildlife
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 357 Rees Hill Rd SE
- What is 357 Rees Hill Rd SE estimated to be worth?Trulia's estimated value for 357 Rees Hill Rd SE in Salem, OR is $861,200.
- What is the price history for 357 Rees Hill Rd SE?357 Rees Hill Rd SE in Salem, OR last sold for $710,000 in February 2021.
- Is Salem a buyer's or seller's market?Salem is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Salem?The median sale price in Salem is $436K. That is up $8K from the prior month.
- Does 357 Rees Hill Rd SE have air conditioning?Yes, 357 Rees Hill Rd SE in Salem, OR has air conditioning.
- How big is the lot at 357 Rees Hill Rd SE?The lot at 357 Rees Hill Rd SE in Salem, OR is about 3 acres.

