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Downtown Salem Homes for Sale

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  • /31

    $579,900

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft

    156 Front St NE Unit 280 St NE, Salem, OR 97301

    Sophisticated downtown living with space, privacy and walkability. Floor-to-ceiling windows brighten this 1,700-sq-ft condo, while a private garden entrance offers uncommon separation. The chef’s kitchen features custom cabinetry, quartz counters and an oversized island. A luxurious primary suite, flexible studio/office and den provide room to live and work. Includes deeded parking, near dining,

    Agent Photo

    Gavin & Julie Wisser

    HOMESTAR BROKERS

    156 Front St NE Unit 280 St NE, Salem, OR 97301
  • /34

    $374,000

    • 2 Beds
    • 1 Bath
    • 924 Sq Ft

    229 Commercial St NE, Salem, OR 97301

    Built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1 bath (Jack & Jill style), has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes with direct access to a private deck.Low maintenance living in the heart of downtown Salem. Available fully furnished! HOA

    Marta Guajardo HomeSmart Realty Group

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

    $849,000

    $76K PRICE DROP
    • 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 HERITAGE

    156 Front St NE Unit 600 St NE, Salem, OR 97301
  • /50

    $790,000

    • 4 Beds
    • 3 Baths
    • 4,314 Sq Ft

    650 Liberty St SE, Salem, OR 97301

    A unique and spectacular Mediterranean style home, bursting with charm and character. An iconic and stately home which is part of the Bush’s Pasture Park Historical District. Front pillared portico, grand foyer, library, nostalgic era light fixtures, door hardware, built-in cabinets and so much more! Refinished hardwood floors throughout main level. Kitchen w/pantry. Updated kitchen, roof,

    Gary Bauer KNIPE REALTY ERA POWERED

    650 Liberty St SE, Salem, OR 97301
  • /49

    $589,000

    • 2 Beds
    • 2 Baths
    • 2,192 Sq Ft

    575 Mission St SE, Salem, OR 97302

    Prime Bush Park location! This beautifully updated home blends timeless vintage charm with stylish modern finishes throughout. Recycled barnwood floors add warmth and character, while thoughtful updates make it move-in ready. Enjoy the private, fenced backyard, plus a detached oversized single garage and additional parking off of alley behind. An exceptional walkable location just minutes to

    Eric Fiskum RE/MAX INTEGRITY - SALEM

    575 Mission St SE, Salem, OR 97302
  • /45

    $584,000

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

    231 Commercial St NE, Salem, OR 97301

    Step into the largest of the Downtown Salem LoftCondominiums. This is a rare 3-bedroom, 1-bath residence in the iconic Starkey-McCully building, once a home of a speakeasy. Original old growth fir wood 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, livable layout that

    Marta Guajardo HomeSmart Realty Group

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

    $1,744,000

    $131K PRICE DROP
    • 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
  • /27

    $380,000

    $9K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 927 Sq Ft

    156 Front St NE Unit 320 St NE, Salem, OR 97301

    SELLER OFFERING $5k TOWARDS BUYERS CLOSING COSTS/RATE BUY DOWN. Urban living in the heart of downtown Salem. One of a kind condo overlooking Riverfront Park & the Willamette River. Close to Minto Brown park and everything downtown Salem has to offer-shopping, restaurants, hospital, State buildings & more. This condo offers a very open layout to maximize natural light & views out the

    Mathew Genuser SIMPLIHOM

    156 Front St NE Unit 320 St NE, Salem, OR 97301
  • /41

    $495,950

    • 5 Beds
    • 8 Baths
    • 3,065 Sq Ft

    589 Knapp Place NE Unit 593, Salem, OR 97301

    Investment Opportunity! 3 bedroom home on Mill Creek with over 2000sf 3br/1.5ba. 2 fireplaces. Walk out basement to a patio with firepit creekside. Live in the home and rent the two twin 528sf cottages or rent all three homes for a great return on investment. The Cottages are identical with each having a 1 bedroom, living, kitchen and bath layout. Roofs were all checked out in 2024 and good to

    Brian McVay HomeSmart Realty Group

    589 Knapp Place NE Unit 593, Salem, OR 97301
  • /46

    $440,500

    $59K PRICE DROP
    • 7 Beds
    • 2 Baths
    • 2,484 Sq Ft

    749 Liberty St SE, Salem, OR 97301

    Amazing find! Quintessential American bungalow w/original molding, built in cabinetry, wood flooring located near downtown. Homey front porch. Delightful built-ins in kitchen, dining & living rooms. Seamless layout w/abundance of natural light. Oodles of space on 3 levels. Detached 1 car garage. Private backyard. Enjoy walkability-grab a cup of coffee & hit Riverfront Park for a morning stroll!

    Amy Richardson BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    749 Liberty St SE, Salem, OR 97301
  • /33

    $374,000

    • 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 bath (Jack & Jill style), has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes, and direct access to two private decks for outdoor enjoyment. Available fully furnished.HOA includes: Water, sewer, garb.

    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

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.

Downtown Salem, Salem, OR Home Prices vs. Nearby Neighborhoods

Downtown Salem Southeast Mill Creek Morningside Faye Wright
Median Home Price
$549,000
$419,900
$506,650
$427,500
Median Sale Price
$520,000
+34% YoY
$415,000
+2% YoY
$492,400
+11% YoY
$415,000
-1% YoY
Median Single Family Price
$478,606
$415,000
$499,900
$415,000
Median Condo Price
$552,000
--
$362,449
$229,900
Total Active Listings
15 listings
10 listings
55 listings
32 listings
Market Conditions
9 Months of Supply
Buyer's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

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 5.0 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 84% of residents renting and 16% 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.
How much do you need to make to afford a house in Downtown Salem?
The median home price in Downtown Salem is $549,000. If you put a 20% down payment of $109,800 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $2,840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $122K 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, South Central, Southeast Salem and Highland.
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