Downtown Salem Homes for Sale

/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
Explore Downtown Salem
/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

Oregon Marion County Salem Downtown Salem

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 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:

South Salem High School has a B Niche grade, a student teacher ratio of 23:1 and an average review score of 4.0.
Candalaria Elementary School has a B- Niche grade and a student teacher ratio of 22:1.
Grant Community School has a B- Niche grade and a student teacher ratio of 21:1.

What are the best private schools in Downtown Salem?

The best private schools that serve Downtown Salem are:

St. Vincent De Paul School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 5.0.
St Joseph School has a student teacher ratio of 12:1.
Capital Christian School has a student teacher ratio of 28:1.

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

On average, homes in Downtown Salem, Salem sell after 62 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Salem, Salem over the last 12 months is $400,000, up 7% from the median home sale price over the previous 12 months.

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

Last 12 months Home Sales

Months of Supply

2.10

Median List Price

$419,950

Median Change From 1st List Price

Median Home Sale Price YoY Change

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