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  • Salem Market Report

    $427,872

    AVERAGE PRICE OF 471 HOMES

    $1,337,987

    AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

    $436,309

    AVERAGE PRICE OF 94 NEWLY BUILT HOMES

    $665,969

    AVERAGE PRICE OF 23 HOMES WITH A POOL

    $630,962

    AVERAGE PRICE OF 4 REDUCED PRICE HOMES

    Average Home

    Average Price $427,872
    Avg Bedrooms 3.28 beds
    Avg Bathrooms 2.25 baths

    Average Price by Bedrooms

    1 bedroom $363,928
    2 bedrooms $250,864
    3 bedrooms $366,833
    4 bedrooms $528,679
    5 bedrooms $718,802
    Salem Home Price Trends
      2/2021 1/2021 12/2020 11/2020 10/2020
    Total Listings n/a 433 493 620 659
    Average Price n/a $1,045,943 $430,834 $423,887 $425,376
    Avg Price Change n/a +142.77% +1.64% -0.35% +0.09%
    Median Price n/a $361,969 $361,242 $355,730 $351,171
    Med Price Change n/a +0.20% +1.55% +1.30% +0.02%
    Avg Bedrooms n/a 3.33 beds 3.34 beds 3.34 beds 3.31 beds
    Avg Bathrooms n/a 2.3 baths 2.3 baths 2.31 baths 2.29 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    McKay 34 $335,091 47 days
    North Salem 59 $341,527 28 days
    South Salem 82 $385,801 51 days
    Sprague 136 $493,485 60 days
    West Salem 57 $529,536 83 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 471 $427,872 56 days
    Multi-Million Dollar Homes 15 $1,337,987 151 days
    Newly Built Homes 94 $436,309 82 days
    Homes with a Pool 23 $665,969 82 days
    Reduced Price Homes 4 $630,962 239 days