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Spring Valley Homes for Sale

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  • /50

    $1,160,000

    $75K 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 or pre-paid expenses. 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

    Agent Photo

    Emily Brock

    KELLER WILLIAMS CAPITAL CITY

    7500 Spring Valley Rd NW, Salem, OR 97304
  • /45

    $1,350,000

    • 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
  • /50

    $8,621,000

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

    2800 Oak Grove Rd NW, Salem, OR 97304

    Welcome to Masterpiece on the hill, your secluded paradise. Stunning home, custom finishes throughout. Gorgeous kitchen. Open Floor plan. Sauna & elevator. Enjoy large covered deck overlooking swimming pond & mountain views. True dual living, 2nd kitchen down, with separate entrance, Beautifully landscaped grounds. High value in Timber (cruise avail) approx 150 acres of timber. Timber is groomed

    Agent Photo

    Shari Lowery

    WINDERMERE PACIFIC WEST PROP

    2800 Oak Grove Rd NW, Salem, OR 97304
  • /46

    $3,250,000

    • 3 Beds
    • 1.5 Baths
    • 2,472 Sq Ft

    4370 Eagle Crest Rd NW, Salem, OR 97304

    Incredible opportunity to own five tax lots totaling 93.92 acres of prime EFU-zoned land, surrounded by AR5 properties. The majority of the acreage is a beautifully maintained orchard with a history of vineyard contracting. Enjoy sweeping territorial and mountain views, a year-round creek, and a serene pond on the included parcel across the road. The main home has been extensively remodeled over

    Agent Photo

    Nick Shivers

    EXP REALTY, LLC

    4370 Eagle Crest Rd NW, Salem, OR 97304
  • /23

    $699,000

    $126K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,366 Sq Ft

    3350 Oak Knoll Rd NW, Salem, OR 97304

    Multi-gen updated Farmhouse featuring a modernized kitchen with new cabinets, countertops, laminate flooring, lighting, roof and siding. The home also offers bathrooms with brand-new bathtubs and vanities, with living room and family room with classic country appeal and an unfinished basement. A massive brand new 40X80 shop with electric, provides incredible space for RV. boats, etc. The property

    Agent Photo

    Angela Millard

    HEART & SOUL REALTY

    3350 Oak Knoll Rd NW, Salem, OR 97304
  • /48

    $1,225,000

    • 4 Beds
    • 3.5 Baths
    • 4,339 Sq Ft

    9145 Wallace Rd NW, Salem, OR 97304

    Nestled among towering trees on 5.69 private acres in the heart of wine country, this beautifully remodeled contemporary daylight ranch offers the perfect balance of privacy, luxury, and convenience—just minutes from downtown Salem. Thoughtfully updated in 2021, this turnkey home showcases striking architectural details, including a dramatic stone façade, soaring vaulted ceilings, expansive

    Rita Wolff LUXE Forbes Global Properties

    9145 Wallace Rd NW, Salem, OR 97304
  • /50

    $1,350,000

    Open Sun 2PM - 3:30PM
    • 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
  • /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
  • /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
  • /44

    $1,295,000

    • 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 the Eola Hills, this private 8-acre estate offers a rare combination of sweeping views, refined craftsmanship, and complete serenity-just minutes from downtown. Relax on the expansive deck while enjoying evening sunsets and the beautifully landscaped grounds with irrigation, extensive concrete paving, and landscape lighting. Plenty of room for

    Laura Dorn BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    341 Maple Hill Dr 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

    Nicole Shuba MANOR REALTY

    4725 Eola Dr NW, Salem, OR 97304
  • /45

    $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/Septic/Utilities in. This property is

    Kimberly Gray HOMESTAR BROKERS

    4493 Dahlia Way 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
  • /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
  • /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

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 Home Prices vs. Nearby Salem, OR Neighborhoods

Spring Valley Salem Hills Lake Grove Bryant
Median Home Price
$1,195,000
$875,000
$1,399,000
$899,000
Median Sale Price
$837,675
-7% YoY
$692,397
+7% YoY
$1,195,000
-28% YoY
$850,000
+8% YoY
Median Single Family Price
$1,150,000
$834,500
$1,444,500
$920,000
Total Active Listings
21 listings
63 listings
14 listings
24 listings
Market Conditions
6 Months of Supply
Balanced Market
6 Months of Supply
Balanced Market
9 Months of Supply
Buyer's Market
5 Months of Supply
Balanced 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 with a crime score of 2, making it safer than the average neighborhood in the U.S. 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.
Is Spring Valley, OR a safe neighborhood?
Spring Valley, OR is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Spring Valley?
The median home price in Spring Valley is $1,195,000. If you put a 20% down payment of $239,000 and had a 30-year fixed mortgage with an interest rate of 6.69%, your estimated principal and interest payment would be $6,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $264K 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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