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Colonial Homes for Sale in Salem, OR

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  • 4698 Wallace Rd NW, Salem, OR 97304
    4698 Wallace Rd NW, Salem, OR 97304
    4698 Wallace Rd NW, Salem, OR 97304
    /114

    $2,500,000

    • 4 Beds
    • 7 Baths
    • 5,795 Sq Ft

    4698 Wallace Rd NW, Salem, OR 97304

    Rare Riverfront Property - Welcome to River Cove Farm! Nestled in the heart of Willamette Valley wine country & just minutes from downtown Salem, this one-of-a-kind estate offers a rare blend of lush acreage, Willamette River frontage, & breathtaking views. A gated entry opens to a long, paved driveway leading to this gorgeous Georgian-style home, which exudes elegance throughout. Spanning 19.05

    Troy Blum Blum Real Estate, LLC

    4698 Wallace Rd NW, Salem, OR 97304
  • 5381 Woodscape Dr SE, Salem, OR 97306
    5381 Woodscape Dr SE, Salem, OR 97306
    5381 Woodscape Dr SE, Salem, OR 97306
    /46

    $665,000

    • 4 Beds
    • 3 Baths
    • 3,011 Sq Ft

    5381 Woodscape Dr SE, Salem, OR 97306

    Priced under appraisal=INSTANT EQUITY!4bd/3ba, office and poss 5th bd. You'll love the chef's dream kitchen with Dacor range & custom cabinets. Light, open floorplan, separate family room w/ fireplace, and a bonus space for rec room, art studio, or more. Spacious primary bedroom w/vaulted ceilings and ensuite bath. EV charger & extra, private finished space behind garage with 220v- gaming?

    Gina Ott HomeStar Brokers

    5381 Woodscape Dr SE, Salem, OR 97306
Oregon Marion County Salem

Real Estate & Homes for Sale in Salem, OR

Home Trends in Salem, OR

On average, homes in Salem, OR sell after 62 days on the market compared to the national average of 52 days. The median sale price for homes in Salem, OR over the last 12 months is $439,995, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$439,995
Median Single Family Sale Price
$448,247
Median Townhouse Sale Price
$738,000
Median 2 Bedroom Sale Price
$289,000
Average Price Per Sq Ft
$278
Number of Homes for Sale
658
Last 12 months Home Sales
2,982
Months of Supply
2.60
Median List Price
$450,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%

Popular Home Searches in Salem, OR

Salem buyers often look for homes that offer classic charm, functional space, and inviting outdoor areas to enjoy Oregon’s mild seasons.

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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