The median home value in Salem, OR is $424,900.
This is
higher than
the county median home value of $370,000.
The national median home value is $308,980.
The average price of homes sold in Salem, OR is $424,900.
Approximately 53% of Salem homes are owned,
compared to 40% rented, while
6% are vacant.
Salem real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Salem real estate agent to arrange a tour today!
Learn more about Salem.
Excellent South location. Two tax parcels totaling .76 acres. Conveniently close to 1-5 and shopping. Buyers responsible for conducting all necessary due diligence
Nice flat corner lot located in quiet W Salem neighborhood. Zoning allows for four plex unit to be built. Engineering and design work completed for the lot. Bring your own builder or have Remington built do the construction for you. See Mls 815357 for multifamily info and pricing.
Unique chance to own a custom oasis in Macleay that is secluded, yet close to city. Buildable parcel with lg majestic oak trees, standard septic approval, fully fenced. Seller is an Oregon Licensed Real Estate Agent. This parcel is part of a 3 parcel listing package, individual sale of this parcel is subject to the successful closing of parcel #2.
Unique chance to own a custom oasis in Macleay that is secluded, yet close to city. Buildable parcel with lg majestic oak trees, standard septic approval, fully fenced. Seller is an Oregon Licensed Real Estate Agent. This parcel is part of a 3 parcel listing package, individual sale of this parcel is subject to the successful closing of parcel #2.
Oversized 0.87 acre shovel-ready lot with potential to partition. All utilities stubbed to lot making this property ideal for your next custom home. OR use HB 2001 to build several rental units. Shadow Creek Estates puts you in some of the areas best schools, Brush College & West Salem High. Easy access to I-5, OR-99E, and OR-221. Bring your builder or use ours. Seller Financing Possible. Do not miss this opportunity!
Buildable Salem lot Per Seller. Buyer to do their own due Diligence. This Beautiful lot is on Mill Creek. This lot has always been a garden with fruit trees Blue Berries Wine Grapes Raspberries Hazelnuts and Plumb trees.
Build your dream home in Croisan Hills! This 0.26 acre lot is at the end of a long private driveway off the main road. In a great location that feels secluded and private with shopping, restaurants, schools and Nelson Park nearby. Potential for a beautiful view after trees are cleared. Property lines on listing photos are approximate. Buyer to do due diligence on property lines, building regulations and requirements. Please make an appointment prior to visiting the property.
Come tour this buildable acreage lot with a View Privacy, trees, view. The property has standard septic approval! 2 wells drilled High Speed internet by Minet fiber, power to lot. Bring your dream home plans and enjoy the privacy and view.
Perfect opportunity to build 16 units (Four 4-plex) on almost 2 acres in South Salem. This property is shovel ready! Engineered plans and building permits are processed and ready at City of Salem. Each 1328/ft unit consists of 3 bed/2 bath and has attached single car garage. City sewer and water. All utilities are at the street. Building site is dugout to grade and ready to pour foundations. Location is in high demand and demands top of the market rents. Close to Sprague High School and Kuebler Blvd.
48-acre opportunity in South Salem, neighboring Cinnamon Hill and Sabre Ridge. Recently annexed, RS (single family) zone to West and RM2 (multifamily) to the North. Ownership working to determine highest and best use of property, bring ideas. Street and utility stubs at the west & north end, the site is prime for a planned unit development or subdivision. Two existing dwelling units with multiple outbuildings. Excellent opportunity for investors seeking a well-connected and ready-to-develop property.
Kwonesum is Eternal/Everlasting in Chinook. 5.17 acres, ready to build, magnificent views & sunsets. Willamette Valley below, Mary's Peak & the Coast Range. Privacy, tranquility, cul-de-sac, septic approved. Forest & pasture, lots of usable ground, CCR's to protect property value, HOA $375 per year. Can be sold with property next door, 3114 Kwonesum Ct S.
Don't miss this chance to secure a highly visible and well-connected property in NE Salem. Whether you are looking to establish a thriving industrial business, storage facilities, or boat and RV parking services, this property offers a compelling financial opportunity. The property is equipped with 3-phase electrical supply, catering to businesses that require heavy machinery and power-intensive operations. The property is fenced and secured. There are several outbuildings that can facilitate your needs. Rail Line Access: An exceptional advantage of this property is its direct access to a rail line. The presence of rail transportation provides businesses with efficient and cost-effective logistics solutions, enabling seamless distribution and connectivity to major markets.
Tentative subdivision approval for 38 buildable single family lots in highly desirable South Salem location. Many lots will have golf course and/or mountain views. This 10 acre parcel has the potential to be Salem's next premier neighborhood of higher-end homes. Buyer to do due diligence.
The parcel is the corner lot, zoned CG (General Commercial) which allows for a variety of uses. High vehicle traffic due to Regal Cinema and CarMax, Strong development opportunity, High density retail corridor, You have access directly from Lancaster Dr SE. Buyer to verify all information.
Location, Location, Location! I-5 frontage bare land near the Market St exit. The property is flat and ready for your ideas. Zoned Commercial Retail. The property has billboard income, is flat and ready for your ideas.
state land survey report is in document, It is build-able lot. RS zoning possibly ADU. Build your new home. Nice 2+ acre parcel located in an established neighborhood within the Urban Growth Boundary. Buyer to perform own due diligence.
2 Acre panoramic view home site, Ready for you to build your dream home, good water well, standard septic approved, electric vault at property, seller did trenching and conduit for electrical, water, & internet, Amazing Views! Good access road, A must see!