Salem Real Estate

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Salem Real Estate & Homes for Sale in Oregon
4522 Raintree Ct NE, Salem in Marion County, OR 97305 Home for Sale
Salem, OR
Raintree Sub No. 2
3 Bed, 2 Bath
1,445 Sq.Ft
$285,900
Details of New Listings
1 Story, Residence - Salem, Or
150 BOICE ST, Salem in Marion County, OR 97302 Home for Sale
Salem, OR
Marion Co: South Salem
3 Bed, 1.50 Bath
1,217 Sq.Ft
$279,900
Details of Price Reduced
1 Story, Single Family Residence - Salem, Or
932 Red Hill Dr SE, Salem in Marion County, OR 97302 Home for Sale
Salem, OR
Pioneer Heights South
4 Bed, 2 Bath
2,788 Sq.Ft
$344,900
Details of Pool
Residence, 2 Story - Salem, Or
1534 NW FRANKLIN ST, Salem in Polk County, OR 97304 Home for Sale
Salem, OR
Polk Co: West Salem N
3 Bed, 1 Bath
1,860 Sq.Ft
$149,000
Details of Foreclosure
Single Family Residence, Bungalow,Cottage - Salem, Or
1351 Madras St SE, Salem in Marion County, OR 97306 Home for Sale
Salem, OR
Toketie Village
3 Bed, 1.50 Bath
1,116 Sq.Ft
$204,000
Details of Two Story
Condominium/Townhome, 2 Story - Salem, Or
7321 Sarah Ln S, Salem in Marion County, OR 97306 Home for Sale
Salem, OR
3 Bed, 3 Bath
2,361 Sq.Ft
$599,900
Details of Loft
Residence, Other - Salem, Or
5693 Boundary (Lot #1) Dr S, Salem in Marion County, OR 97306 Home for Sale
Salem, OR
Davis Heights
4 Bed, 2.50 Bath
1,892 Sq.Ft
$350,000
Details of Gated
Residence, 2 Story - Salem, Or
1840 Rees Hill (#23) Rd SE, Salem in Marion County, OR 97306 Home for Sale
Salem, OR
Cinnamon Lakes Condos
3 Bed, 2 Bath
1,515 Sq.Ft
$219,000
Details of Lake View
Condominium/Townhome, Other - Salem, Or
2606 San Clemente Ct NE, Salem in Marion County, OR 97305 Home for Sale
Salem, OR
East Prairie
4 Bed, 2.50 Bath
1,657 Sq.Ft
$273,900
Details of Cul De Sac
Residence, 2 Story - Salem, Or
5330 Berkshire Ct SE, Salem in Marion County, OR 97306 Home for Sale
Salem, OR
Woodscape Meadows Ph 3
4 Bed, 2.50 Bath
2,559 Sq.Ft
$424,900
Details of Custom Built
Residence, 2 Story - Salem, Or

Salem, Oregon
Average Home Sizes and Asking Prices

Updated On: June 19, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
97301 1,900 sf $251,000 1,700 sf $246,000 60 1,800 sf $565,000 3
97302 3,100 sf $473,000 2,100 sf $368,000 121
97303 2,500 sf $356,000 1,800 sf $350,000 70
97304 2,800 sf $476,000 2,300 sf $681,000 143
97305 2,100 sf $290,000 1,500 sf $297,000 42 1,600 sf $182,000 4
Updated on:   June 19, 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 June 12th, 2018: homes priced around $246,358 compared to $247,225 the previous week, for a slight decrease of less than -1%.  For Tuesday, June 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.55%; the 15 year fixed rate is at 4.00%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.02%, while the 15 year jumbo rate currently is at 4.49%.

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