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Downtown Salem Homes for Sale

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  • /34

    $399,000

    • 2 Beds
    • 1 Bath
    • 924 Sq Ft

    229 Commercial St NE, Salem, OR 97301

    Newly built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1.5-bath condo has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes and natural light throughout, with direct access to a private decks for outdoor enjoyment. The location provides close proximity to Salem

    Marta Guajardo HOMESMART REALTY GROUP

    229 Commercial St NE, Salem, OR 97301
  • /50

    $895,000

    • 2 Beds
    • 2 Baths
    • 1,594 Sq Ft

    156 Front St NE Unit 600 St NE, Salem, OR 97301

    One-of-a-kind luxury 6th-floor condo in Downtown Salem, across from Waterfront Park. This 2bd, 2bth, 1,594 sqft open-concept home features a chef’s kitchen with a large island and a spacious primary suite with WIC and private view deck. Enjoy breathtaking views of Mt. Hood, Mt. Jefferson, Mt. St. Helens,the Capitol,the river,bridges,the park,and amphitheater. Whole-home smart system. Includes 2

    CHRIS CHABOT WINDERMERE PACIFIC WEST PROP

    156 Front St NE Unit 600 St NE, Salem, OR 97301
  • /45

    $599,000

    • 3 Beds
    • 1 Bath
    • 1,906 Sq Ft

    231 Commercial St NE, Salem, OR 97301

    Step into the largest of the Downtown Salem Loft Condominiums. This is a rare 3-bedroom, 1-bath residence in the iconic Starkey-McCully building, where speakeasy legends still whisper through the walls. Original hardwood floors from the 1800s anchor this extraordinary space, offering a warmth and authenticity no modern build can match. Soaring ceilings and thoughtful design create an airy,

    Marta Guajardo HOMESMART REALTY GROUP

    231 Commercial St NE, Salem, OR 97301
  • /47

    $1,744,000

    • 2 Beds
    • 3 Baths
    • 4,144 Sq Ft

    156 Front St SE, Salem, OR 97301

    Rare, exclusive 8th-floor executive condo in the heart of downtown Salem featuring sweeping westerly views of the Willamette River & Waterfront Park. Floor-to-ceiling windows fill the space w/natural light & showcase stunning sunsets. Built out as one luxury residence w/high-end finishes throughout, yet comprised of 2 separate tax lots offering flexibility to divide into 2 units. Includes 4

    Christine Folz REAL BROKER

    156 Front St SE, Salem, OR 97301
  • /36

    $399,000

    • 2 Beds
    • 1 Bath
    • 924 Sq Ft

    227 Commercial St NE, Salem, OR 97301

    Newly built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1.5-bath condo has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes and natural light throughout, with direct access to two private decks for outdoor enjoyment. The location provides close proximity to

    Marta Guajardo HOMESMART REALTY GROUP

    227 Commercial St NE, Salem, OR 97301
  • /50

    $390,000

    • 3 Beds
    • 2.5 Baths
    • 1,820 Sq Ft

    384 Market St NE, Salem, OR 97301

    Mandatory Minimum of 48hr notice for showings. Excellent opportunity for investors or buyers seeking low-maintenance living. This home in Broadway Estates features an open floor plan, gas fireplace, spacious kitchen with stainless appliances and room for bar-stools. The primary suite has its own balcony, walk-in closet and soaking tub. You'll enjoy the two-car garage, central air, and easy access

    Jordan HILL EXP REALTY, LLC

    384 Market St NE, Salem, OR 97301
  • /48

    $1,744,000

    • 2 Beds
    • 3 Baths
    • 4,144 Sq Ft

    156 Front St NE Unit 800-820, Salem, OR 97301

    Rare, exclusive 8th-floor executive condo in the heart of downtown Salem featuring sweeping westerly views of the Willamette River & Waterfront Park. Floor-to-ceiling windows fill the space w/natural light & showcase stunning sunsets. Built out as one luxury residence w/high-end finishes throughout, yet comprised of 2 separate tax lots offering flexibility to divide into 2 units. Includes 4

    Christine Folz Real Broker

    156 Front St NE Unit 800-820, Salem, OR 97301

Why Live in Downtown Salem

Downtown Salem is located along the Willamette River in the heart of Oregon’s capital and offers a walkable, energetic lifestyle shaped by government and culture. Housing options range from apartments and condos to older homes with character, often appealing to buyers who prioritize location and walkability over large lots. The Oregon State Capitol and its landscaped grounds anchor the downtown district, paired with plenty of museums, offices and local employers. Dining is a major draw here, with a wide range of locally owned restaurants, coffee shops and bars offering everything from upscale meals to casual, everyday spots. Shopping is equally accessible, with a mix of small local businesses and larger retail options, including an indoor mall and entertainment venues within walking distance. Despite its urban setting, Downtown Salem offers impressive access to green space, notably Riverfront Park, which has an amphitheater and family friendly attractions like the Salem's Riverfront Carousel and Gilbert House Children's Museum. A pedestrian bridge connects residents directly to Minto-Brown Island Park, providing miles of trails and natural scenery just beyond the city core. Downtown Salem hosts numerous events, including concerts at the Gerry Frank Salem Rotary Amphitheater, the ¡Viva Salem! festival and a weekly farmers market. The neighborhood is well-connected with walkable streets and extensive Cherriots bus routes. While parking can be more limited than in outlying areas, many residents find the tradeoff worthwhile for the convenience and vibrancy of living in the city center.

Frequently Asked Questions

Is Downtown Salem a good place to live?
Downtown Salem is a good place to live. Downtown Salem is considered fairly walkable and very bikeable with great transit options. Downtown Salem is a suburban neighborhood. Downtown Salem has 6 parks for recreational activities. It is fairly sparse in population with 4.6 people per acre and a median age of 32. The average household income is $98,937 which is below the national average. College graduates make up 46% of residents. A majority of residents in Downtown Salem are renters, with 83.7% of residents renting and 16.3% of residents owning their home. A local real estate agent serving Downtown Salem can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Salem neighborhood guide.
Is Downtown Salem, OR a safe neighborhood?
Downtown Salem, OR is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Downtown Salem?
The median home price in Downtown Salem is $442,500. If you put a 20% down payment of $88,500 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $2,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Downtown Salem. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Salem is $99K.
What are the best public schools in Downtown Salem?
The best public schools that serve Downtown Salem are:
What are the best private schools in Downtown Salem?
The best private schools that serve Downtown Salem are:
What are the most popular zip codes in Downtown Salem, Salem, OR?
The most popular zip codes in Downtown Salem, Salem, OR include 97301, 97302, 97304, 97303 and 97305.
What are the most popular neighborhoods near Downtown Salem, Salem, OR?
The most popular neighborhoods near Downtown Salem, Salem, OR are Grant, Northeast Neighbors, Southeast Salem, South Central and West Salem.

Home Trends in Downtown Salem, OR

Housing Trends

Median Sale Price
$446,750
Median Single Family Sale Price
$430,000
Median 2 Bedroom Sale Price
$1,132,000
Average Price Per Sq Ft
$302
Number of Homes for Sale
7
Last 12 months Home Sales
18
Months of Supply
4.70
Median List Price
$442,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
40%
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