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
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.
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.