South Salem Homes under $200,000

/8
$165,000
- Land
- 0.21 Acre
- $785,714 per Acre
900 Hansen Ave S, Salem, OR 97302

Hard to find, amazing corner lot in desired area very convenient to Candalaria Elementary School. City says a single family home, duplex, triplex, or fourplex could be built on this home with access either from Hansen or Holiday. Buyer to do due diligence with the City of Salem development & planning. This lot is reserved to give the first option to the buyer of 925 Holiday Ct. S. Please don't

Brian White PARAMOUNT REAL ESTATE SERVICES

900 Hansen Ave S, Salem, OR 97302
/8
$164,000
- Land
- 0.15 Acre
- $1,093,333 per Acre
2724 Prominent Ct S, Salem, OR 97302

Located in a desirable neighborhood, prime 0.15 acre bare lot. An amazing opportunity to build your dream home or utilize the sellers plans and engineering that are available. 2 story, 3 bedroom, 2.5 bath, with potential rental/mother in law suite. Seller states all engineering, approval and due diligence was already done with the city! Buyer to do their own due diligence to confirm.

ANDY KING SMI REAL ESTATE

2724 Prominent Ct S, Salem, OR 97302
/6
$158,000
- Land
- 0.16 Acre
- $987,500 per Acre
2714 Prominent Ct S, Salem, OR 97302

Lot available with great views facing West in established South Salem neighborhood. Newer subdivision with beautiful homes. Close to Candelaria Elementary, Minto Brown Park, Salem Golf Club and easy access to downtown.

Ali Morrison Windermere Heritage

2714 Prominent Ct S, Salem, OR 97302

Oregon Salem South Salem

Home Trends in South Salem, OR

On average, homes in South Salem, Salem sell after 77 days on the market compared to the national average of 49 days. The median sale price for homes in South Salem, Salem over the last 12 months is $510,000, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$510,000

Median Single Family Sale Price

$530,000

Median 2 Bedroom Sale Price

$347,949

Average Price Per Sq Ft

$273

Number of Homes for Sale

Last 12 months Home Sales

131

Months of Supply

1.60

Median List Price

$550,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In South Salem, there are currently 3 homes for sale under $200,000. Exploring South Salem, you'll find a variety of homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing options. Whether you're a first-time homebuyer looking for a cozy starter home or an investor seeking a promising property, these affordable homes offer a chance to enter the South Salem, Salem real estate market.

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Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. WVMLS Member Broker: Arlene Richardson

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.