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Colonial Home 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
Oregon Marion County Salem

Real Estate & Homes for Sale in Salem, OR

Home Prices in Salem, OR

The median home sale price in Salem, OR is $441,392, up 1% year-over-year. Homes in Salem sell in 68 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price
$441,392
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$409,250
Median 2 Bedroom Sale Price
$334,950
Median 1 Bedroom Sale Price
$284,000
Average Price Per Sq Ft
$279
Number of Homes for Sale
640
Last 12 months Home Sales
3,150
Months of Supply
2.40
Median List Price
$459,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
1%

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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