Salem Market Report
$566,310
AVERAGE PRICE OF 941 HOMES$540,709
AVERAGE PRICE OF 137 NEWLY BUILT HOMES$726,568
AVERAGE PRICE OF 39 HOMES WITH A POOL$1,946,957
AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES$540,085
AVERAGE PRICE OF 68 REDUCED PRICE HOMES$250,000
AVERAGE PRICE OF 1 DISTRESSED HOMESAverage Home
| Average Price | $566,310 |
| Avg Bedrooms | 3.45 beds |
| Avg Bathrooms | 2.39 baths |
Average Price by Bedrooms
| 1 bedroom | $247,542 |
| 2 bedrooms | $355,823 |
| 3 bedrooms | $497,465 |
| 4 bedrooms | $655,643 |
| 5 bedrooms | $739,671 |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Sprague High School | 230 | $602,396 | 34 days |
| South Salem High School | 190 | $604,916 | 33 days |
| West Salem High School | 141 | $573,048 | 29 days |
| North Salem High School | 134 | $432,813 | 36 days |
| McKay High School | 121 | $432,107 | 23 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 941 | $566,310 | 32 days |
| Newly Built Homes | 137 | $540,709 | 54 days |
| Homes with a Pool | 39 | $726,568 | 50 days |
| Multi-Million Dollar Homes | 47 | $1,946,957 | 66 days |
| Reduced Price Homes | 68 | $540,085 | 21 days |
| Distressed Homes | 1 | $250,000 | 13 days |
