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Downtown Salem Homes for Sale

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  • 388 Market St NE, Salem, OR 97301
    388 Market St NE, Salem, OR 97301
    388 Market St NE, Salem, OR 97301
    /46

    $384,900

    • 3 Beds
    • 2 Baths
    • 1,846 Sq Ft

    388 Market St NE, Salem, OR 97301

    Downtown urban lifestyle without giving up a garage! Amazing quality of construction & hard to believe at only $211/sf. Spectacular kitchen with beautiful cabinetry topped with granite counters, undermount sink & tile backsplash. Matching stainless steel appliances including a gas range, fridge & dishwasher. Open floor plan with kitchen, living room flowing to a balcony. Gas fireplace. 2

    Levi Wilson NED BAKER REAL ESTATE

    388 Market St NE, Salem, OR 97301
  • 605 Union St NE, Salem, OR 97301
    605 Union St NE, Salem, OR 97301
    605 Union St NE, Salem, OR 97301
    /46

    $429,000

    • 2 Beds
    • 1.5 Baths
    • 1,515 Sq Ft

    605 Union St NE, Salem, OR 97301

    Seller to give $5k for buyer's closing fees! Charming home w/2 bedrooms, a den, 1 bath—plus 2 bonus rooms & half bath upstairs. Mahogany wainscoting, coffered ceilings, built-ins, French doors, tall cove ceilings & brick fireplace showcase timeless craftsmanship. The partially finished basement offers approx. extra 1500 sf w/potential for an additional bath. Zoned multi-use & ideally located near

    Jerusha Malaer JOHN L. SCOTT-SALEM

    605 Union St NE, Salem, OR 97301
  • 777 Cottage (C) St NE, Salem, OR 97301
    777 Cottage (C) St NE, Salem, OR 97301
    777 Cottage (C) St NE, Salem, OR 97301
    /35

    $230,000

    • 2 Beds
    • 2 Baths
    • 940 Sq Ft

    777 Cottage (C) St NE, Salem, OR 97301

    Thoughtfully designed 2-bedroom, 2-bath home offering an open layout that balances flow and function. The living area connects seamlessly to a modernized kitchen with clean lines and ample storage. Natural light filters throughout, enhancing each room’s livability. The primary bedroom includes its own full bath, while the private patio provides a peaceful view of the nearby creek—ideal for quiet

    Amy McLeod KELLER WILLIAMS CAPITAL CITY

    777 Cottage (C) St NE, Salem, OR 97301
  • 471 High St SE, Salem, OR 97301
    471 High St SE, Salem, OR 97301
    471 High St SE, Salem, OR 97301
    /4

    $415,000

    • 1 Bed
    • 1.5 Baths
    • 960 Sq Ft

    471 High St SE, Salem, OR 97301

    Beautiful one bedroom condo with loft. 960 square feet. One and 1/2 bathrooms Walk in closet. Vaulted ceilings. In the heart of downtown. Secured access via elevator. Single car garage. Owner will also consider leasing unit. A great opportunity to live in downtown core with all amenities adjacent in Pringle Parkade. Restaurant, Gym, Daycare, Post Office, etc.

    Elaine Gesik 1ST PREMIER PROPERTIES LLC

    471 High St SE, Salem, OR 97301
Oregon Salem Downtown Salem

Real Estate & Homes for Sale in Downtown Salem, Salem

Why Live in Downtown Salem
Downtown Salem is a bustling neighborhood with a mix of commercial spaces, state government offices, and residential areas. Housing options include single-family homes, primarily Cape Cods, cottages, and Craftsman styles on tree-lined streets, as well as high-rise condos with city views and private parking. The neighborhood is known for its ample green spaces, such as Riverfront Park, which features an amphitheater, walking paths, playgrounds, and the Salem's Riverfront Carousel. The Gilbert House Children's Museum and the expansive Minto-Brown Island Park, connected by the Peter Courtney Minto Island Bridge, offer additional recreational opportunities. State Capitol State Park provides a serene setting with fountains and historical markers. Dining options range from fine dining at Rudy's Steakhouse to casual meals at Masonry Grill, and coffee at the Governor's Cup. Shopping is available at Salem Center mall, though its popularity has waned. 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. South Salem High School, with its high rating, offers dual credit courses and career and technical education. Willamette University, the oldest university in the western U.S., provides diverse programs. Residents have easy access to medical care at Salem Hospital. The area has a low crime risk compared to the national average, making it a practical choice for potential home buyers.
Learn more about living in Downtown Salem

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 good 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 above 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 6 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 $406,575. If you put a 20% down payment of $81,300 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,110 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $90K a year to afford the median home price in Downtown Salem. 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 97317.
What are the most popular neighborhoods near Downtown Salem, Salem, OR?
The most popular neighborhoods near Downtown Salem, Salem, OR are Northeast Neighbors, Grant, Southeast Salem, South Central and West Salem.

Home Trends in Downtown Salem, OR

Housing Trends

Median Single Family Sale Price
$418,080
Average Price Per Sq Ft
$127
Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$406,575
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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