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  • Salem Market Report

    $487,244

    AVERAGE PRICE OF 718 HOMES

    $2,149,806

    AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

    $543,114

    AVERAGE PRICE OF 76 NEWLY BUILT HOMES

    $558,367

    AVERAGE PRICE OF 31 HOMES WITH A POOL

    $464,333

    AVERAGE PRICE OF 30 REDUCED PRICE HOMES

    Average Home

    Average Price $487,244
    Avg Bedrooms 3.29 beds
    Avg Bathrooms 2.19 baths

    Average Price by Bedrooms

    1 bedroom $321,760
    2 bedrooms $311,334
    3 bedrooms $457,233
    4 bedrooms $556,473
    5 bedrooms $676,838
    Salem Home Price Trends
      8/2021 7/2021 6/2021 5/2021 4/2021
    Total Listings 716 669 653 598 545
    Average Price $480,253 $471,649 $451,099 $438,237 $424,285
    Avg Price Change +1.82% +4.56% +2.93% +3.29% -0.06%
    Median Price $399,444 $399,358 $388,315 $386,263 $374,917
    Med Price Change +0.02% +2.84% +0.53% +3.03% +0.69%
    Avg Bedrooms 3.3 beds 3.32 beds 3.33 beds 3.32 beds 3.28 beds
    Avg Bathrooms 2.22 baths 2.24 baths 2.23 baths 2.25 baths 2.21 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    McKay 77 $365,040 37 days
    North Salem 81 $361,839 36 days
    South Salem 148 $440,464 48 days
    Sprague 185 $546,303 66 days
    West Salem 105 $556,844 58 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 718 $487,244 50 days
    Multi-Million Dollar Homes 23 $2,149,806 82 days
    Newly Built Homes 76 $543,114 99 days
    Homes with a Pool 31 $558,367 80 days
    Reduced Price Homes 30 $464,333 42 days