Salem Real Estate

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Salem Real Estate & Homes for Sale in Oregon
1075 Capitol St NE, Salem in Marion County, OR 97301 Home for Sale
Salem, OR
The Oaks Add
5 Bed, 3 Bath
3,222 Sq.Ft
Details of New Listings
Duplex - Salem, Or
3397 Country Club Dr S, Salem in Marion County, OR 97302 Home for Sale
Salem, OR
2 Bed, 2 Bath
1,919 Sq.Ft
Details of Price Reduced
1 Story, Condominium/Townhome - Salem, Or
2120 Robins Ln SE 190, Salem in Marion County, OR 97306 Home for Sale
Salem, OR
Terrace Lane
2 Bed, 2 Bath
1,188 Sq.Ft
Details of Pool
Manufactured Home Wo Land,Double Wide - Salem, Or
2427 Wilark Dr NW, Salem in Polk County, OR 97304 Home for Sale
Salem, OR
Wilark Park West
3 Bed, 2.50 Bath
2,747 Sq.Ft
Details of Foreclosure
1 Story, Residence - Salem, Or
3253 Tranquility Dr SE, Salem in Marion County, OR 97317 Home for Sale
Salem, OR
Tanglewood Estates
5 Bed, 3.50 Bath
4,904 Sq.Ft
Details of Two Story
Residence, 2 Story - Salem, Or
4721 NE RAWHIDE CT, Salem in Marion County, OR 97305 Home for Sale
Salem, OR
Marion Co: East Salem N
4 Bed, 2 Bath
1,508 Sq.Ft
Details of Loft
Attached, 1 Story - Salem, Or
6198 Rosemeadow Ln NE, Salem in Marion County, OR 97317 Home for Sale
Salem, OR
Massey Estate
3 Bed, 3 Bath
2,829 Sq.Ft
Details of Gated
1 Story, Residence - Salem, Or
SE Landcaster DR, Salem in Marion County, OR 97317 Home for Sale
Salem, OR
Marion Co: Southeast Salem
0 Bed, 0 Bath
0 Sq.Ft
Details of Lake View
Residential/Recreational - Salem, Or
4759 Lariat Ct NE, Salem in Marion County, OR 97305 Home for Sale
Salem, OR
Hayesville Estates No 2
3 Bed, 2 Bath
1,176 Sq.Ft
Details of Cul De Sac
1 Story, Residence - Salem, Or
3491 Tanglewood Wy SE, Salem in Marion County, OR 97317 Home for Sale
Salem, OR
4 Bed, 2 Bath
1,999 Sq.Ft
Details of Custom Built
1 Story, Residence - Salem, Or

Salem, Oregon
Average Home Sizes and Asking Prices

Updated On: September 25, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
97301 1,900 sf $267,000 1,700 sf $262,000 78 2,400 sf $816,000 3
97302 3,100 sf $488,000 2,000 sf $367,000 128
97303 2,400 sf $357,000 1,800 sf $336,000 78
97304 2,800 sf $469,000 2,300 sf $683,000 159 5
97305 2,100 sf $331,000 1,700 sf $347,000 60 1,600 sf $203,000 5
Updated on:   September 25, 2018

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Demographics & Schools Mortgage Calculator Area Map

Salem Real Estate & Homes for Sale in Oregon

The serenity of Salem belies the bustling nature of its metropolitan downtown and the active lifestyle enjoyed by residents in its many family-friendly neighborhoods. Salem serves as the capital city of Oregon. It is nestled between the Cascade Mountain Range and the Oregon Coast in the beautiful Willamette Valley, one of the most fertile and agriculturally productive regions in the world. The city is strategically located 47 miles south of Portland and 64 miles north of Eugene. The Willamette River winds through Salem forming the boundary between Marion and Polk counties. Salem is the seat of Marion County, the third largest city in Oregon with more than 135,000 residents.

Salem serves as the hub of state government, its largest employer and the surrounding farming communities. It is also a major agricultural food-processing center. The city center is alive with many diverse cultural attractions such as the Marion County Historical Society Museum and the Salem Chamber Orchestra. Recreational opportunities are numerous given nature's bounty in the Salem area as well as acres of lush public parks, world-famous iris and tulip farms and award-winning wineries.

The Salem-Keizer Public School District serves more than 43,500 students in kindergarten through 12th grade. Salem is also home to Willamette University, the oldest institution of higher education in the Pacific Northwest. The real estate market offers some things old and some things new. On-going preservation of historic downtown buildings and a master plan for residential and commercial development ensures that the city's livability and high quality of life will continue to grow.

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Price Range of Salem Houses

Salem's residential housing is affordable and diverse. Numerous options are available from traditional ranch-style and two-story homes and modern estates to rambling farmhouses with acreage. Neighborhood Associations protect the livability and integrity of numerous communities such as Faye Wright, Grant, Northgate, Lansing, Highland, Morningside, Sunnyslope, Croisan-Iiahe, Claggett, Gubser and Clear Lake. The pristine environment offers residents mountain views, lush landscaping and tree-lined streets. Salem's homes are priced starting in the $100,000 to $250,000 and above. A limited number of Salem area condos can be purchased starting from the $100,000s as well.

Salem Real Estate Stats and Trends for the week of September 24th, 2018: homes priced around $262,584 compared to $262,584 the previous week, to remain steady with no change in listing price.  For Monday, September 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.63%; the 15 year fixed rate is at 4.13%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.50%, while the 15 year jumbo rate currently is at 4.12%.

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