Why Live in Faye Wright
Faye Wright is a suburban neighborhood in Salem, Oregon, known for its midcentury ranch-style homes and walkable streets lined with mature trees. The area features a mix of single-level and two-story houses, with newer constructions primarily consisting of duplexes and multi-family housing. Residents enjoy local green spaces such as Woodmansee Park, which offers a basketball court, pickleball and tennis courts, walking paths, and a disc golf course. Wendy Kroger Park provides additional recreational options with its playground and walking paths. For more activities, the Salem Tennis & Swim Club offers indoor and outdoor tennis courts, a heated outdoor pool, and a splash pad. Dining and shopping options are plentiful along Commercial Street and Liberty Road, including La Hacienda Real for Mexican cuisine and McMenamins Thompson Brewery & Public House for house-made beer and bar food. Northern Lights Theatre Pub combines movie viewing with a diverse menu. The neighborhood is served by multiple supermarkets like Roth’s Fresh Markets and Fred Meyer. Public transit is accessible via Cherriots bus routes 8, 18, and 21, and major roads provide connections to Downtown Salem and Interstate 5. Wright Elementary School, with its high rating, serves the community, along with Judson Middle School and Sprague High School, both of which also have good ratings.
Home Trends in Faye Wright, OR
On average, homes in Faye Wright, Salem sell after 20 days on the market compared to the national average of 70 days. The median sale price for homes in Faye Wright, Salem over the last 12 months is $485,000, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$485,000
Median Single Family Sale Price
$485,000
Median Townhouse Sale Price
$240,000
Median 2 Bedroom Sale Price
$1,375,000
Median 1 Bedroom Sale Price
$282,000
Average Price Per Sq Ft
$325
Number of Homes for Sale
7
Last 12 months Home Sales
122
Median List Price
$485,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-20%