Why Live in Southeast Salem
Southeast Salem, located just south of the historic train station, is a neighborhood with a rich history and a variety of features. The area is known for its century-old houses, including Cape Cods, Craftsman homes, English cottages, and four-squares, primarily concentrated in the northwest corner. These homes sit on smaller lots, often shaded by mature oak and maple trees. The neighborhood is part of the Salem Heritage Neighborhood Program, highlighting its historical significance. Southeast Salem is served by Richmond Elementary School and Bush Elementary School, with students progressing to Leslie Middle School and the highly rated South Salem High School. The neighborhood also borders Willamette University, providing educational resources. For recreation, residents can enjoy Bush's Pasture Park with its amphitheater, baseball fields, and Rhododendron Garden, as well as Lee Park and Cascades Gateway Park, which features an off-leash dog area and disc golf course. Dining options are plentiful, with restaurants like Taproot Old Mill Café, Santiam Brewing, Black Sheep Café, and The Manila Fiesta offering diverse cuisines. The neighborhood's safety is comparable to the national average, making it a practical choice for families. Additionally, the area includes convenient amenities like a Walmart Supercenter and Costco on its eastern edge.
Home Trends in Southeast Salem, OR
On average, homes in Southeast Salem, Salem sell after 60 days on the market compared to the national average of 70 days. The median sale price for homes in Southeast Salem, Salem over the last 12 months is $267,999, down 22% from the median home sale price over the previous 12 months.
Median Sale Price
$267,999
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$532,000
Median 2 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$199
Number of Homes for Sale
5
Last 12 months Home Sales
55
Median List Price
$275,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-22%
