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Spring Valley Homes for Sale

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  • /50

    $1,115,000

    $10K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 3,240 Sq Ft

    7500 Spring Valley Rd NW, Salem, OR 97304

    Sellers are willing to contribute money towards buyers closing costs! Welcome to your private retreat in the heart of wine country. This fully renovated home on 6.5 acres blends elevated craftsmanship with peaceful rural living. The chef’s kitchen shines with S.S appliances, granite counters, island and butler’s pantry. Walls of windows invite natural light, while the expansive deck frames

    Agent Photo

    Emily Brock

    KELLER WILLIAMS CAPITAL CITY

    7500 Spring Valley Rd NW, Salem, OR 97304
  • /50

    $8,621,000

    • 4 Beds
    • 5 Baths
    • 6,276 Sq Ft

    2800 Oak Grove Rd NW, Salem, OR 97304

    Has Rickreall & Salem addresses - Buyer to confirm. Welcome to Masterpiece on the hill, your secluded paradise. Stunning home, custom finishes throughout. Gorgeous kitchen. Open plan. Sauna & elevator. Enjoy large covered deck overlooking swimming pond & mountain views. True dual living, 2nd kitchen down, w/separate entrance, High value in Timber (cruise avail) approx 150 acres. Timber is groomed

    Agent Photo

    Shari Lowery

    WINDERMERE PACIFIC WEST PROP

    2800 Oak Grove Rd NW, Salem, OR 97304
  • /49

    $1,200,000

    • 5 Beds
    • 3.5 Baths
    • 3,164 Sq Ft

    4725 Eola Dr NW, Salem, OR 97304

    Stunning! This salt-box style home is one of a kind. Reclaimed floors, beams, and rustic hardware throughout. You'd feel like you were in New England if it weren't for the stunning views of Mt Hood and Mt Jefferson, local vineyards, and the capital building. Three fireplaces, two primary suites, 5 bedrooms, an office, mudroom, beautiful kitchen and tasteful designer colors used throughout the

    Agent Photo

    Nicole Shuba

    MANOR REALTY

    4725 Eola Dr NW, Salem, OR 97304
  • /6

    $775,000

    • Land
    • 1 Acre
    • $775,000 per Acre

    Lot 3 Salem-Dallas Hwy NW, Salem, OR 97304

    Next to a well established business, West Hills Vineyard. Driveway installed, septic is installed, Salem electric to the property. Rickreall Community water in place. Seller request a buyer that would compliment their restaurant, vineyard, chapel and event center. See docs for wide variety of uses for EO-C zoning. 43,500 traffic count on Highway 22 per day. Easy to show, parking lot is graded and

    Agent Photo

    Shari Lowery

    WINDERMERE PACIFIC WEST PROP

    Lot 3 Salem-Dallas Hwy NW, Salem, OR 97304
  • /40

    $1,299,000

    $51K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 3,024 Sq Ft

    4575 Eagle Crest Rd NW, Salem, OR 97304

    SELLER FINANCING AVAILABLE! Inquire for details! Tucked into the rolling hills of Salem’s coveted wine country, this beautifully remodeled 5-bedroom, 3-bath estate offers a rare blend of luxury, privacy, and resort-style living on nearly 2 professionally landscaped acres. Just 6 minutes from downtown, this serene retreat feels worlds away. Designed for both elegant entertaining and everyday

    Agent Photo

    Nick Shivers

    eXp Realty, LLC

    4575 Eagle Crest Rd NW, Salem, OR 97304
  • /23

    $340,000

    $50K PRICE DROP
    • Land
    • 2 Acres
    • $170,000 per Acre

    0 55th Ave NW Unit 27261371, Salem, OR 97304

    Build your dream home on this 2-acre buildable lot in West Salem with water at street & septic approval already in place. Located with efficient access to Hwy 22, this gently sloping parcel offers beautiful valley & pastoral views from an ideal elevation. Nestled within an existing hazelnut orchard, the property provides options for added privacy or additional usable ground. Featuring rare Class

    Paul Helms Oregon Farm & Home Brokers

    0 55th Ave NW Unit 27261371, Salem, OR 97304
  • /46

    $1,475,000

    • 6 Beds
    • 3.5 Baths
    • 3,000 Sq Ft

    Lot 1A Best (Model B) Rd NW, Salem, OR 97304

    Custom home TO BE BUILT w/accepted offer by Comfort Homes LLC in SCENIC FIRAS ESTATES! Open floor plan concept. Conveniently located to all your needs! 5 acre view parcels! Home features primary & office on main+4 bdrms @2nd floor including 2nd primary suite or oversized bonus room, gourmet kitchen w/professional appl package, XL walk in shower w/bench, soaking tub, tandem garage, many designer

    Ilya Makarenko HOMESMART REALTY GROUP

    Lot 1A Best (Model B) Rd NW, Salem, OR 97304
  • /50

    $1,299,000

    $51K PRICE DROP
    • 5 Beds
    • 4.5 Baths
    • 4,516 Sq Ft

    846 55th Ave NW, Salem, OR 97304

    Welcome to this custom-built luxury estate, privately perched on nearly 7 acres overlooking the Valley & Coastal Range. Nestled within the prestigious Eola-Amity Hills, just minutes from town. This residence offers over 4,500sf thoughtfully combining luxury, dual living, multigenerational flexibility & ADA accessibility. Featuring 5 bedrooms, 4.5 bathrooms, a fully self-contained private suite w/

    Jerusha Malaer JOHN L. SCOTT-SALEM

    846 55th Ave NW, Salem, OR 97304
  • /24

    $1,100,000

    • 7 Beds
    • 3 Baths
    • 1,852 Sq Ft

    5454 Wallace Rd NW, Salem, OR 97304

    **10 Acre Waterfront Property :) with Two Homes!** A unique opportunity for the right buyer and BONUS seller financing available! Hobby Farm, Multigenerational Living, Riverfront Retreat, Agricultural Business or Investment Income. So many possibilities on this special property! Whatever you choose, enjoy the peace and quiet of your own riverfront escape while watching the Willamette River flow

    JOSE GONZALEZ TU CASA CORPORATION

    5454 Wallace Rd NW, Salem, OR 97304
  • /23

    $340,000

    $50K PRICE DROP
    • Land
    • 2 Acres
    • $170,000 per Acre

    TA 228833 55th Ave NW, Salem, OR 97304

    Build your dream home on this 2-acre buildable lot in West Salem with water at street & septic approval already in place. Located with efficient access to Hwy 22, this gently sloping parcel offers beautiful valley & pastoral views from an ideal elevation. Nestled within an existing hazelnut orchard, the property provides options for added privacy or additional usable ground. Featuring rare Class

    Paul Terjeson KELLER WILLIAMS REALTY -ALBANY

    TA 228833 55th Ave NW, Salem, OR 97304
  • /50

    $1,675,000

    • 4 Beds
    • 3 Baths
    • 3,275 Sq Ft

    Lot 2A Best (Model C) Rd NW, Salem, OR 97304

    Custom single level home plan TO BE BUILT w/accepted offer by Comfort Homes LLC in the SCENIC FIRAS ESTATES! Wonderful amenities include: gourmet kitchen w/ slab counters, SS appliances, add't prep kitchen, custom cabs, formal dining & storage galore! Open floor plan w/ tall ceilings. Many built-ins & extensive use of trim. Large primary suite & dual fireplaces. Oversized 1153sf garage! Beautiful

    Ilya Makarenko HOMESMART REALTY GROUP

    Lot 2A Best (Model C) Rd NW, Salem, OR 97304
  • /8

    $345,000

    $75K PRICE DROP
    • Land
    • 4.91 Acres
    • $70,265 per Acre

    Lot 6 Grice Hill Ct NW, Salem, OR 97304

    Oregon at it’s best on this 4.91 acre parcel with awesome territorial views. Close to shopping, wine venues, dining, and less than an hour to the Beach. Secluded natural setting with lots of mature trees. Zoned AR5. Electricity and HiSpeed available; Priced for quick sale.

    Gladys Blum BLUM REAL ESTATE

    Lot 6 Grice Hill Ct NW, Salem, OR 97304
  • /29

    $537,950

    $2K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,029 Sq Ft

    4355 Salem Dallas Hwy NW, Salem, OR 97304

    Quirky & modern! This 4 bed, 2 bath home has been fully remodeled. Upstairs bonus room could be a 5th bedroom or office. The interior features an open concept kitchen w/coffee bar, & spacious bedrooms. Huge master bedroom with spa-like bathroom & walk-in closet. The property has a large front yard & multiple outbuildings. Multiple car & RV parking. Located just minutes from downtown Salem. Low

    Marissa Schmidt WORKS REAL ESTATE

    4355 Salem Dallas Hwy NW, Salem, OR 97304
  • /50

    $1,245,000

    $50K PRICE DROP
    • 4 Beds
    • 4.5 Baths
    • 5,618 Sq Ft

    341 Maple Hill Dr NW, Salem, OR 97304

    Perched above the Willamette River in the heart of Eola Hills, this private 8-acre estate offers a rare combo of sweeping views, refined craftsmanship, & complete serenity-just mins from downtown. Relax on the expansive deck while enjoying sunsets & beautifully landscaped grounds w/irrigation, extensive concrete paving, & landscape lighting. Lots of rm for cars/toys in detached 1200 sqft

    Laura Dorn BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    341 Maple Hill Dr NW, Salem, OR 97304
  • /43

    $889,000

    $26K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,783 Sq Ft

    550 53rd Ave NW, Salem, OR 97304

    Stunning Log Home with Views, Shop, and Room for RVs!This three-level log home offers breathtaking views of the Coast Range, nearby vineyards, and golf course. New exterior paint through out. The property features a spacious 90x36 shop with an office, ample space for RVs and vehicles, and the potential for dual living. Shop currently built into few rooms but it's easy to convert it back. Enjoy

    Jin Zhao Kelly Right Real Estate of Portland, LLC

    550 53rd Ave NW, Salem, OR 97304
  • /50

    $1,850,000

    • 4 Beds
    • 3.5 Baths
    • 3,680 Sq Ft

    Lot 2B Best (Model D) Rd NW, Salem, OR 97304

    Beautiful custom 1 level home TO BE BUILT w/accepted offer by Comfort Homes LLC in the scenic FIRAS ESTATES! The ultimate dream home & 5 acre property! This stunning single-level home features 4 bedrooms, 3.5 baths, a game room w/ a bar, Irg pantry and a XL 3-car garage on 5 serene acres. Step inside & fall in love with the gourmet kitchen, complete with high-end appliances, double ovens, & a

    Ilya Makarenko HOMESMART REALTY GROUP

    Lot 2B Best (Model D) Rd NW, Salem, OR 97304
  • /36

    $989,000

    • 5 Beds
    • 3 Baths
    • 3,286 Sq Ft

    6110 SE Yampo Rd, Amity, OR 97101

    This is a rare property to find. The residence is near the top of the hill providing exceptional views of the Coast Range and the valley floor below. Nestled on the back corner of the property (as you travel through the wooded forest like setting) is a large pond (about 1.5 acres) with large deck (and a manufactured fire pit). The home had been remodeled and updated from the original 1973 home.

    RICHARD SCHAEFER RIGHT PRICE REAL ESTATE GROUP

    6110 SE Yampo Rd, Amity, OR 97101
  • /23

    $340,000

    $50K PRICE DROP
    • Land
    • 2 Acres
    • $170,000 per Acre

    0 55th Ave NW, Salem, OR 97304

    Build your dream home on this 2-acre buildable lot in West Salem with water at street & septic approval already in place. Located with efficient access to Hwy 22, this gently sloping parcel offers beautiful valley & pastoral views from an ideal elevation. Nestled within an existing hazelnut orchard, the property provides options for added privacy or additional usable ground. Featuring rare Class

    Paul Terjeson Keller Williams Realty Mid-Willamette

    0 55th Ave NW, Salem, OR 97304
  • /49

    $929,000

    $31K PRICE DROP
    • 3 Beds
    • 3.5 Baths
    • 2,689 Sq Ft

    410 50th Ave NW, Salem, OR 97304

    Elegant home poised on 3 acres in West Salem. Outdoor space abounds with walking trails, patio, & gazebo stationed by pond & waterfall beneath a picturesque Oregon canopy. Be it entertaining with a formal dining room, tranquility in the hidden sitting areas on the property, or family gatherings on the patio and in the gazebo, this 3 bed/4bath home with detached ADU allows for a variety of uses.

    SEAN ANDERSON HOMESTAR BROKERS

    410 50th Ave NW, Salem, OR 97304
  • /50

    $3,200,000

    • 7 Beds
    • 4.5 Baths
    • 6,145 Sq Ft

    3024 Brush College Rd NW, Salem, OR 97304

    Beautiful one of a kind CUSTOM HOME, in a hard to find West Salem location! On 5.14 acres. Fabulous homesite, park like setting, w/ponds & creek, secluded, full of nature & mature trees & close to wine country! A truly exceptional CUSTOM HOME & a cooks dream kitchen. High end custom finishes inside & out! Outdoor kitchen, heated pool, spa like baths & sauna! 2 primary suites in the main home!

    Ilya Makarenko HOMESMART REALTY GROUP

    3024 Brush College Rd NW, Salem, OR 97304
  • /43

    $1,395,000

    • Land
    • 21.31 Acres
    • $65,462 per Acre

    4493 Dahlia Way NW, Salem, OR 97304

    WEST SALEM BUILDABLE ACREAGE with stunning views of the city, surrounding vineyards, and mountains! 21.31 beautiful acres with paved access. Acreage & outbuildings offer endless potential for conversions/uses! Property currently features a 12-stall barn w/ attached indoor riding arena, plus two additional feeding barns. Property fenced and crossed fenced. Well/Utilities in. This property is a

    Kimberly Gray HomeStar Brokers

    4493 Dahlia Way NW, Salem, OR 97304
  • /26

    $1,350,000

    • 3 Beds
    • 3 Baths
    • 3,342 Sq Ft

    8500 Hopewell Rd NW, Salem, OR 97304

    Award-Winning Stangeland Winery & Estate Vineyard. Eola-Amity Hills AVA. Pinot Noir 4-Acre vineyard planted in 1978 & producing 10 tons on average annually. 3 +/- Acres of Pinot Noir; 1+/- Acre Chardonnay. 2,481 sq ft custom built house with panoramic views. Fully equipped winery/tasting room. Turn key, well established business & brand. (floor plans per Polk County) Owner willing to

    John Lee Lee Real Estate

    8500 Hopewell Rd NW, Salem, OR 97304
  • /47

    $1,250,000

    $40K PRICE DROP
    • 5 Beds
    • 5 Baths
    • 4,904 Sq Ft

    4000 Eola Dr NW, Salem, OR 97304

    NEW ROOF! NEW PRICE! Experience elevated living on 3.9 acres with stunning views! This spacious 4,674 SF home features 5 bedrooms and 4 bathrooms. Gather in the impressive home theater for movie nights, relax in the hot tub while taking in the surrounding views, enjoy generous RV parking & space for entertaining, hobbies & outdoor living. A private retreat with room to live, relax & enjoy the

    Mathew Genuser SIMPLIHOM

    4000 Eola Dr NW, Salem, OR 97304

Why Live in Spring Valley

Spring Valley in Salem, Oregon, is characterized by its diverse home styles, including ranch-style homes, farmhouses, Colonial Revivals, modern contemporary, and new traditional homes. The neighborhood's rolling hills, winding country roads, and abundant trees provide a sense of privacy, with properties often featuring large lots ranging from 5 to 43 acres. Residents can enjoy sweeping views of the valley and surrounding mountain ranges, including Mt. Hood and Mt. Jefferson. The area has a lower crime risk compared to the national average. Outdoor attractions are plentiful, with the Willamette River Greenway Spring Valley Access offering 177 acres of multi-use trails, fishing spots, and canoe/kayak launches. Maud Williamson State Recreation Site and Orchard Heights Park provide additional recreational opportunities, including hiking, picnicking, and sports facilities. While commercial activity within Spring Valley is limited, residents can find essential services and dining options in nearby West Salem, about 6 miles away. Notable spots include the food truck park Checkpoint 221 and Xicha Brewing. Vineyards and wineries such as Bethel Heights Vineyard and Bryn Mawr Vineyards offer local wine tasting experiences. The neighborhood is car-dependent, with Wallace Road and Zena Road serving as main thoroughfares. Downtown Salem is approximately 7.5 miles away, and the Wheatland Ferry provides an alternative route across the river. West Salem High School, known for its performing arts and technical education programs, serves the area and has a high rating.

Spring Valley, Salem, OR Home Prices vs. Nearby Neighborhoods

Spring Valley Salem Hills Savanna Oaks Westlake
Median Home Price
$1,197,500
$859,000
$1,099,000
$1,149,000
Median Sale Price
$836,337
-8% YoY
$699,900
+10% YoY
$1,015,000
+7% YoY
$1,149,500
+9% YoY
Avg. Price per Square Foot
$407
$319
$321
$395
Median Single Family Price
$1,050,000
$770,042
$1,060,000
$1,099,500
Total Active Listings
23 listings
62 listings
24 listings
4 listings
Market Conditions
8 Months of Supply
Buyer's Market
6 Months of Supply
Balanced Market
7 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is Spring Valley a good place to live?
Spring Valley is a good place to live. Spring Valley is considered very car-dependent and somewhat bikeable. Spring Valley is a suburban neighborhood. Spring Valley has 6 parks for recreational activities.It is sparse in population with 1.0 people per acre and a median age of 47. The average household income is $148,771 which is above the national average. College graduates make up 37.7% of residents. A majority of residents in Spring Valley are home owners, with 16% of residents renting and 84% of residents owning their home. A local real estate agent serving Spring Valley can help you decide if this neighborhood is the right one for you. Learn more on our Spring Valley neighborhood guide.
How much do you need to make to afford a house in Spring Valley?
The median home price in Spring Valley is $1,197,500. If you put a 20% down payment of $239,500 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $6,340 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $272K a year to afford the median home price in Spring Valley. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Spring Valley is $149K.
What are the best public schools in Spring Valley?
The best public schools that serve Spring Valley are:
What are the best private schools in Spring Valley?
The best private schools that serve Spring Valley are:
What are the most popular zip codes in Spring Valley, Salem, OR?
The most popular zip codes in Spring Valley, Salem, OR include 97304, 97371, 97338, 97303 and 97301.
What are the most popular neighborhoods near Spring Valley, Salem, OR?
The most popular neighborhoods near Spring Valley, Salem, OR are West Salem, Highland, Grant, Downtown Salem and Northgate.
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