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Salem, OR Short Sale Home for Sale

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  • 427 Lost Lake St NE, Salem, OR 97301
    427 Lost Lake St NE, Salem, OR 97301
    427 Lost Lake St NE, Salem, OR 97301
    /39

    $445,000

    $15K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 1,942 Sq Ft

    427 Lost Lake St NE, Salem, OR 97301

    Charming newer home in a desirable area offering major upgrades such as AC, fully fenced back yard, and under ground sprinklers. This move-in-ready house is conveniently located near main highways, restaurants, and schools making it an excellent option for a variety of lifestyles! *seller will be crediting the buyer $8,000 toward closing costs* Appliances will be staying behind.

    Armando Solano HARCOURTS ELITE

    427 Lost Lake St NE, Salem, OR 97301
Oregon Marion County

Short Sale Homes for Sale in Salem, OR

Home Prices in Salem, OR

The median home sale price in Salem, OR is $444,000, up 1% year-over-year. Homes in Salem sell in 70 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price
$444,000
Median Single Family Sale Price
$451,750
Median Townhouse Sale Price
$393,000
Median 2 Bedroom Sale Price
$333,000
Median 1 Bedroom Sale Price
$279,000
Average Price Per Sq Ft
$275
Number of Homes for Sale
1
Last 12 months Home Sales
3,125
Months of Supply
2.90
Median List Price
$459,995
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
1%

Popular Home Searches in Salem, OR

Salem buyers often look for homes that offer classic charm, functional space, and inviting outdoor areas to enjoy Oregon’s mild seasons.

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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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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