4

Downtown Salem Homes for Sale

Section Image
  • /22

    $599,000

    • 6 Beds
    • 6 Baths
    • 2,704 Sq Ft

    1196 Chemeketa St NE, Salem, OR 97301

    Vintage home made into six apartment units. Two units occupied. All units have been recently remodeled with new carpet and vinyl. Range and refrigerators are included. Some have murphy beds.

    SHARON WOODS SHARON WOODS REAL ESTATE

    1196 Chemeketa St NE, Salem, OR 97301
  • /50

    $675,000

    • 4 Beds
    • 2 Baths
    • 2,585 Sq Ft

    475 Leslie St SE, Salem, OR 97301

    PRICE IMPROVED:Charming home in a sought-after SE neighborhood near Bush Pasture Park. Featuring 4 bedrooms plus a versatile bonus room that could be a 5th. 2 1/4 bath, large covered patio with fireplace, and Gazbeo. Square footage includes 319 sqft room above a 2-car garage. Full 1162sq.ft. basement w/1/4 bath not included in sqft of home. Fireplaces in the living room and Primary. Close to

    Quintin Bangert WINDERMERE PACIFIC WEST PROP

    475 Leslie St SE, Salem, OR 97301
  • /2

    $575,000

    • 5 Beds
    • 4 Baths
    • 3,271 Sq Ft

    730 Cottage St NE Unit 734, Salem, OR 97301

    Charming triplex near downtown Salem! Main 3BD/2BA home with basement offering ADU potential + two rented 1BD/1BA cottages. Cosmetic refresh could unlock big value. Prime location near Willamette Univ & Salem Hospital — ideal house hack or investment! MLS #834147 Please contact listing agent with any questions. Property holds great potential with location and opportunity to easily add a 4th unit

    Kevin Pena Aceves EXP REALTY, LLC

    730 Cottage St NE Unit 734, Salem, OR 97301
  • /46

    $375,000

    • 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 car

    Levi Wilson NED BAKER REAL ESTATE

    388 Market St NE, Salem, OR 97301

Frequently Asked Questions

Is Downtown Salem a good place to live?
Downtown Salem is a good place to live. Downtown Salem is considered very 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 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 $419,950. If you put a 20% down payment of $84,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $2,060 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $88K 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 Southeast Salem, Northeast Neighbors, South Central, Grant and Highland.

Home Trends in Downtown Salem, OR

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$400,000
Median 2 Bedroom Sale Price
$520,000
Average Price Per Sq Ft
$257
Number of Homes for Sale
3
Last 12 months Home Sales
17
Months of Supply
2.10
Median List Price
$419,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%
How to Buy a Home How to Finance a Home How to Sell a Home