490 Oak St SE, Salem, OR 97301
OFF MARKET

$1,291,100

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 5,272 sqft (on 0.61 acres)

490 Oak St SE, Salem, OR 97301

South Central
Est. Refi. Payment $7,434/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.29M
Since last month
Decreased$23K (-1.7%)
Since last year
Decreased$147K (-10.1%)
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
MonthEstimated value
2026
August 2026$1.31M
July 2026$1.33M
June 2026$1.43M
May 2026$1.4M
April 2026$1.37M
March 2026$1.38M
February 2026$1.4M
January 2026$1.39M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
475 Leslie St SE, Salem, OR
0.03
Single-Family Home
$610,000
02/11/26
4
2
2,585
883 High St SE, Salem, OR
0.15
Single-Family Home
$604,900
07/20/26
4
3.5
3,814
635 Church St SE, Salem, OR
0.10
Single-Family Home
$583,900
08/14/26
3
2
2,054
735 Church St SE, Salem, OR
0.13
Single-Family Home
$458,500
03/20/26
3
2.5
1,752
495 Lincoln St S, Salem, OR
0.76
Single-Family Home
$842,000
09/10/25
4
2
3,422
1339 High St SE, Salem, OR
0.47
Single-Family Home
$541,000
10/31/25
4
2
1,720
750 High St SE, Salem, OR
0.09
Single-Family Home
$389,105
09/05/25
3
1
1,991
280 Bush St S, Salem, OR
0.37
Single-Family Home
$429,900
11/26/25
3
1.5
1,690
1320 John St S, Salem, OR
0.63
Single-Family Home
$545,000
01/08/26
4
2.5
2,752
270 Miller St S, Salem, OR
0.48
Single-Family Home
$410,000
04/17/26
4
2
1,440

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
475 Leslie St SE, Salem, OR 97301
0.03
$610,000
4
2
2,585
Recently Sold
650 Liberty St SE, Salem, OR 97301
0.03
$790,000
4
3
4,314
For Sale
445 Mission St SE, Salem, OR 97301
0.10
$398,300
3
2
1,571
Off Market
749 Liberty St SE, Salem, OR 97301
0.10
$479,000
7
2
2,484
For Sale
750 High St SE, Salem, OR 97301
0.09
$387,500
3
1
1,991
Off Market
460 Mission St SE, Salem, OR 97302
0.13
$529,900
3
2
1,990
For Sale
595 Leslie St SE, Salem, OR 97301
0.11
$756,500
3
3.5
2,700
Off Market
705 Church St SE, Salem, OR 97301
0.12
-
5
3
2,878
Off Market
883 High St SE, Salem, OR 97302
0.15
$604,900
4
3.5
3,814
Recently Sold
635 Church St SE, Salem, OR 97301
0.10
$583,900
3
2
2,054
Recently Sold
735 Church St SE, Salem, OR 97301
0.13
$458,500
3
2.5
1,752
Recently Sold
747 Church St SE, Salem, OR 97301
0.13
$832,100
4
2.5
2,976
Off Market

Local Information

  • Map ViewExplore the area around 490 Oak St SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1925
Lot Size
0.61 acres
Living Area
5,272 sqft
Price/Sqft
$245
Parking
Garage

About this House

This single-family home is located at 490 Oak St SE, Salem, OR. 490 Oak St SE is in the South Central neighborhood in Salem, OR and in ZIP code 97301. This property has 4 bedrooms, 2 bathrooms and approximately 5,272 sqft of floor space. This property has a lot size of 0.61 acres and was built in 1925.
490 Oak St SE, Salem, OR 97301 is a 4 bedroom, 2 bathroom, 5,272 sqft single-family home in South Central, built in 1925. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,291,100, with a rent estimate of $2,020/month.

Home Details for 490 Oak St SE

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Heat PumpHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.61 acres

Price and Tax history

YearProperty taxTax assessment
2025
$20,515
$1,603,940
Home facts updated by county records

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$436K
$8KMoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$2MoM
Available listings
887
49MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

South Central
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Central

At least 17 Trulia users voted on each feature.

  • 89 % Say parking is easy

  • 86 % Say it's dog friendly

  • 81 % Say car is needed

  • 80 % Say there are sidewalks

  • 77 % Say yards are well-kept

  • 67 % Say kids play outside

  • 64 % Say it's walkable to restaurants

  • 64 % Say there's holiday spirit

  • 56 % Say they plan to stay for at least 5 years

  • 55 % Say streets are well-lit

  • 52 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

  • 48 % Say there's wildlife

  • 43 % Say it's walkable to grocery stores

  • 38 % Say it's quiet

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jeff Tegner
    "Grew up in the area. Very safe and clean. Excellent schools and good roads. Low crime and dependable power. "
    0
    Flag
  • Trulia User
    "i've lived in this area for over three years, its a nice area, within walking distance to parks and some restaurants. its close to downtown shops and mall."
    1
    Flag
  • Daisypjs
    "Wonderful place to live - family friendly and even though we live close to a high school traffic is manageable"
    1
    Flag
  • Daisypjs
    "You see neighbors involved in their property management. We all acknowledge each other. People walking their dogs, kids walking home from school. "
    1
    Flag
  • Wkdenney
    "Its not really the events that do it, we just have good neighbors. For the most part anyway. Except for ugly naked guy and the incessant pot smoking "
    1
    Flag
  • Wkdenney
    "We have neighborhood picnics for our street about twice each year. We have excellent neighbors and we all look out for each other."
    0
    Flag
  • Dansky3795
    "Great school district, lots of parks, and easy to get to know neighbors. Feels safe and the homes are charming "
    7
    Flag
  • Dansky3795
    "I’ve lived in the neighborhood for 3 years and I like it because it’s safe, clean, walkable, has great parks, and has character. "
    6
    Flag
  • Charles R. V.
    "This is a nice, clean area in Salem, close to shopping and restaurants."
    1
    Flag
  • B K.
    "Great neighborhood - easy to get around - walk to schools, shops, some restaurants, public transportation, park."
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 490 Oak St SE

  • What is 490 Oak St SE estimated to be worth?
    Trulia's estimated value for 490 Oak St SE in Salem, OR is $1,291,100.
  • 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.
  • What do residents say about the South Central neighborhood?
    Residents describe the South Central neighborhood in Salem, OR as easy to park in, dog-friendly, and pedestrian-friendly. See recently sold homes in South Central, Salem.
  • How big is the lot at 490 Oak St SE?
    The lot at 490 Oak St SE in Salem, OR is about 0.61 acres (26,572 sq ft).
  • Does 490 Oak St SE have a garage?
    Yes, 490 Oak St SE in Salem, OR has a garage.

Explore by feature - Pet Friendly

282 pet-friendly rentals in Salem, OR

Explore by feature - Garage

133 rentals with a garage in Salem, OR

Explore by feature - Air Conditioning

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Explore by feature - Pool

65 rentals with a pool in Salem, OR

Explore by feature - Washer/dryer

265 rentals with a washer/dryer in Salem, OR

Explore by feature - Outdoor Space

64 rentals with an outdoor space in Salem, OR

Apartments for Rent

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Off Market Homes Near 490 Oak St SE

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