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Salem, OR Homes for Sale under $500,000

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  • /21

    $495,000

    • Land
    • 5 Acres
    • $99,000 per Acre

    1 Ballyntyne Rd S, Salem, OR 97302

    5 acre parcel in the desirable hills of South Salem! This flat and usable 5 acre lot offers the opportunity to build your desired custom home with a shop and ADU ! Surrounded by other high end properties with great territorial views. Short distance to illahe hills country club, Creekside golf club, i5 or downtown! Conveniently located to all your needs, desirable schools & shopping! This property

    Ilya Makarenko HomeSmart Realty Group

    1 Ballyntyne Rd S, Salem, OR 97302
  • /44

    $369,900

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,384 Sq Ft

    4826 Future Rd NE, Salem, OR 97305

    Move-in ready and beautifully updated! This charming single-level 3-bedroom, 1-bath home features a brand-new roof, updated kitchen and bathroom, and new flooring throughout. Enjoy the convenience of one-level living with modern finishes and a location close to shopping, schools, parks, and everyday amenities. Don't miss your chance to make this home yours! Seller is related to listing agent.

    MATT STURZINGER SUNDANCE REALTY LLC

    4826 Future Rd NE, Salem, OR 97305
  • /26

    $299,000

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    2260 Electric St SE, Salem, OR 97302

    Come see this charming 2 bedroom, 1 bath home with a comfortable layout & thoughtful updates. Beautifully refinished hardwood floors, fresh interior paint & an updated kitchen add to the home’s appeal, while an energy efficient forced air furnace & heat pump provide year round comfort. Step outside to a large, private, fully fenced backyard with plenty of room to relax, garden, entertain, or

    CHRISTINA KREITZBERG HOMESMART REALTY GROUP

    2260 Electric St SE, Salem, OR 97302
  • /35

    $365,000

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    2990 Byram St NE, Salem, OR 97301

    Set on a quiet street, this inviting home offers a low-maintenance backyard made for enjoying the outdoors. The fully fenced yard features artificial turf, a putting green, & a spacious patio, creating an ideal setting for relaxing or entertaining. Inside, thoughtful updates provide a fresh, move-in-ready feel. The oversized garage offers plenty of room for vehicles and storage, with additional

    Carrie Hamilton RE/MAX INTEGRITY - SALEM

    2990 Byram St NE, Salem, OR 97301
  • /24

    $319,900

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft

    2855 Brooks Ave NE, Salem, OR 97301

    Charming single-level home offering 2 bed, 1 bath and 912 sqft of functional living space. Great opportunity for owner-occupants or investors seeking a well-located Salem property. Efficient layout with comfortable living areas and natural light throughout. Situated on a spacious lot with room for outdoor enjoyment.Large ~0.28 acre lot provides added flexibility and potential for future use.

    Jesse Barnes CENTURION REAL ESTATE SERVICES

    2855 Brooks Ave NE, Salem, OR 97301
  • /18

    $359,000

    • 3 Beds
    • 1 Bath
    • 1,488 Sq Ft

    1090 Denise St SE, Salem, OR 97306

    Very cute starter house or great for investment. Small HOA for the park behind the house. New interior paint. Private driveway/street shared with only 1 other home.

    Suzie Miller JOHN L. SCOTT-SALEM

    1090 Denise St SE, Salem, OR 97306
  • /44

    $499,900

    New Construction $65K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 1,448 Sq Ft

    4230 Floyd Ct SE, Salem, OR 97317

    Brand new 4-bedroom home with a separate 24'x48' shop! House floor plan features the primary suite on the main floor, quartz counters, undermount sinks, LVP flooring, clerestory windows, AC, a 15'x20' covered patio, and an attached single car garage with 8' tall overhead door. The separate shop is separately metered with 200 amp service, has a concrete floor, and the overhead door is 10' high by

    Brandon Fahlman KITHKIN REAL ESTATE

    4230 Floyd Ct SE, Salem, OR 97317
  • /33

    $374,000

    • 2 Beds
    • 1 Bath
    • 924 Sq Ft

    227 Commercial St NE, Salem, OR 97301

    Newly built in 2022, Downtown Salem Loft Condominium, listed for the first time. This 2-bedroom, 1 bath (Jack & Jill style), has been a successful fully furnished rental, offering flexibility for owner-occupants or investors. The open-concept layout features modern finishes, and direct access to two private decks for outdoor enjoyment. Available fully furnished.HOA includes: Water, sewer, garb.

    Marta Guajardo HomeSmart Realty Group

    227 Commercial St NE, Salem, OR 97301
  • /29

    $319,900

    • 2 Beds
    • 1 Bath
    • 728 Sq Ft

    717 20th St SE, Salem, OR 97301

    WELCOME HOME! To this well-kept 2bed+1bath home in Southeast SALEM! This home features new windows,vinyl flooring, stainless steel fridge, electric range, built-in microwave, sink disposal, dishwasher, newer attic installation and a mini-split AC. The backyard is large with .12 of an acre, fully fenced with a tool shed! Located near resturants, shopping centers, schools and MORE! Schedule your

    MARCO SANCHEZ HERNANDEZ REALTY OF AMERICA, LLC

    717 20th St SE, Salem, OR 97301
  • /31

    $415,000

    • 3 Beds
    • 2 Baths
    • 1,224 Sq Ft

    4830 Rebecca St NE, Salem, OR 97305

    Meticulously maintained 3-bedroom, 2-bathroom home nestled in a quaint and welcoming neighborhood. Thoughtfully updated with new LVP flooring, fresh interior paint, and new carpet, this home is move-in ready and beautifully refreshed. Enjoy a comfortable layout, well-kept spaces, a private backyard, and the charm of a peaceful neighborhood setting. A wonderful opportunity to own a lovingly

    Peter Braunworth Coho Realty

    4830 Rebecca St NE, Salem, OR 97305
  • /2

    $398,000

    • 3 Beds
    • 2 Baths
    • 1,219 Sq Ft

    4260 Studio Ct NE, Salem, OR 97305

    Charming one-level home situated on a quiet cul-de-sac in a friendly Salem neighborhood! This vacant property offers a highly functional layout with a spacious attached garage. Enjoy the convenience of living tucked just behind McKay High School and right next to the beautiful 24-acre McKay Park, offering playgrounds, sports fields, and walking trails. Easy access to local highways, shopping

    Amy Liu Oregon First

    4260 Studio Ct NE, Salem, OR 97305
  • /42

    $397,900

    • 3 Beds
    • 2 Baths
    • 1,079 Sq Ft

    905 20th St SE, Salem, OR 97301

    Beautifully updated 3-bedroom, 2-bath home offering comfort, style, & functionality! This move-in ready property features a brand-new roof, fresh interior & exterior paint, new flooring throughout, & an updated kitchen w/ modern finishes. Detached garage includes an attic, providing plenty of additional storage space, plus a separate storage shop perfect for tools, hobbies, or extra equipment.

    KATHY CAMPOS MESEN REALTY OF AMERICA, LLC

    905 20th St SE, Salem, OR 97301
  • /25

    $459,000

    $40K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,594 Sq Ft

    2485 Equestrian Loop S, Salem, OR 97302

    Meticulously maintained beautiful home ready to go. Offering single story living, an open concept living and dining room, easy entry shower with sturdy grab bars and built in bench. Features a low maintenance lawn, just a few minutes from down town Salem and Commercial street, nestled into a quiet and walkable neighborhood.

    KRISTA TERLECKI HOMESMART REALTY GROUP

    2485 Equestrian Loop S, Salem, OR 97302
  • /37

    $279,900

    • 2 Beds
    • 1.5 Baths
    • 1,116 Sq Ft

    1510 Madras St SE Unit 5, Salem, OR 97306

    Welcome home to this charming and inviting condo featuring beautiful new luxury vinyl plank flooring! Expansive windows fill the living area with natural light, creating a bright, open feel, while the cozy gas fireplace is perfect for relaxing on chilly evenings. The kitchen offers a gas range, new refrigerator, new microwave, and generous pantry storage. Upstairs, you'll love the beautifully

    TARAH FAIR REALTY ONE GROUP WILLAMETTE VALLEY

    1510 Madras St SE Unit 5, Salem, OR 97306
  • /10

    $414,900

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,431 Sq Ft

    4042 Kurth St S, Salem, OR 97302

    Introducing Tally Meadows, S Salem’s newest development now under construction! Enjoy modern, stylish condo living that blends luxury, affordability, & convenience. This desirable home offers 1,431 SF, 3 bdrms, 2.5 bath. Fully applianced kitchen including Refrigerator. Cozy Great Rm w/ fireplace. LVP Flooring. Primary Bdrm w/ WI closet and ensuite w dbl sinks & a tile walk in shower. Garage!

    Gladys Blum BLUM REAL ESTATE

    4042 Kurth St S, Salem, OR 97302
  • /44

    $485,600

    • 3 Beds
    • 2 Baths
    • 1,660 Sq Ft

    2005 Davis Rd S, Salem, OR 97306

    Welcome to Davis Heights, a quality-built community by Banner Homes LLC in desirable South Salem! This beautifully maintained single-story home offers 3 bedrooms, 2 full bathrooms, and a functional open-concept layout designed for comfortable everyday living.Come inside to find durable LVP flooring, brand-new carpet in all bedrooms, and a professionally cleaned interior that feels fresh and

    Dan Gandee Real Broker

    2005 Davis Rd S, Salem, OR 97306
  • /38

    $459,000

    $16K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,955 Sq Ft

    1485 Summer St NE, Salem, OR 97301

    Charming 1920 cottage ready for you to make your own! Beautiful historic elements including claw foot tub, hardwood floors, large windows, moldings, etc. New in the pas 8 years: windows, furnace, water heater, AC, roof, gutters, fence. Fenced backyard. Unfinished basement. Very close to Saturday Market, downtown, YMCA, Grant School. Being sold below market value because several projects (upstairs

    Gladys Blum BLUM REAL ESTATE

    1485 Summer St NE, Salem, OR 97301
  • /31

    $389,900

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,334 Sq Ft

    3142 La Costa Loop S, Salem, OR 97302

    Beautiful low maintenance home, great room living room with gas fireplace. Formal dining area. Kitchen with granite countertops and plenty of storage. Primary with walk in closet + full bath. Microwave/DW & gutters 2020. G-FA 2025, roof 2016

    Rick Maurmann REALTY ONE GROUP WILLAMETTE VALLEY

    3142 La Costa Loop S, Salem, OR 97302
  • /24

    $369,000

    $19K PRICE INCREASE
    • 3 Beds
    • 2 Baths
    • 1,587 Sq Ft

    1005 Glenview Way NW, Salem, OR 97304

    READY FOR YOUR PERSONAL TOUCH - Great opportunity to build sweat equity! Spacious floorplan with DUAL LIVING possibility. Large living room & family room. Oversized garage. Updated kitchen, original hard wood floors, dual woodburing fireplaces, vinyl windows, newer TPO membrane style roofing, newer water heater & gas furnace. Central AC Needs landscape, Int/ext paint, bathroom renos & a little

    Shelly Samson WINDERMERE HERITAGE

    1005 Glenview Way NW, Salem, OR 97304
  • /34

    $365,000

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft

    5654 Lompoc Ct S, Salem, OR 97306

    Enjoy this well kept single story home in an ideal location - Crossler Middle School 1/4 mile. Sedcor Park 200 yards. Trader Joe's 3 miles. I-5 North or South just a 10 min drive away. In last 5 yrs updates include: Roof, Siding, Heat Pump/AC, Flooring & insulation in crawl space. Enjoy an expansive, private back yard, Open floor Plan and a large 2 car garage. DO NOT DISTURB TENANTS. Vacant after

    Paula Fordham WINDERMERE HERITAGE

    5654 Lompoc Ct S, Salem, OR 97306
  • /36

    $429,950

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,321 Sq Ft

    4226 Great Plains Dr NE, Salem, OR 97305

    This updated 3-bed, 2-bath home offers peak efficiency with a new roof, fresh A/C, and water heater. The welcoming living room with vaults and newer plank floors lead to the remodeled kitchen features extended cabinets, a walk-in pantry, stainless steel appliances, and clever appliance lifts. Enjoy spacious bedrooms and beautifully updated, polished bathrooms. Indoor utility too. French doors

    Trevor Elliott HOMESMART REALTY GROUP

    4226 Great Plains Dr NE, Salem, OR 97305
  • /32

    $335,000

    • 2 Beds
    • 2.5 Baths
    • 1,473 Sq Ft

    5985 Blue River Dr SE, Salem, OR 97306

    Simple living in South Salem! Close to everything you need. Open kitchen has a newer appliance package and opens to the living room for wonderful space to entertain. Gas fireplace and covered patio are great features on the main level. Bedrooms up with 2 baths attached so you get two ensuites!Bottom level has a two car tandem garage with lots of room for storage.Easy to show and ready to move in

    Brian McVay HOMESMART REALTY GROUP - KEIZER

    5985 Blue River Dr SE, Salem, OR 97306
  • /50

    $390,000

    • 3 Beds
    • 2.5 Baths
    • 1,820 Sq Ft

    384 Market St NE, Salem, OR 97301

    Mandatory Minimum of 48hr notice for showings. Excellent opportunity for investors or buyers seeking low-maintenance living. This home in Broadway Estates features an open floor plan, gas fireplace, spacious kitchen with stainless appliances and room for bar-stools. The primary suite has its own balcony, walk-in closet and soaking tub. You'll enjoy the two-car garage, central air, and easy access

    Jordan HILL EXP REALTY, LLC

    384 Market St NE, Salem, OR 97301
  • /9

    $450,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft

    3441 Livingston St NE Unit 3447, Salem, OR 97301

    Well-located duplex in Salem featuring two units, each with 2 bedrooms, 1 bathroom, and an attached 1-car garage. Each unit offers a private backyard, providing outdoor space and privacy. Conveniently situated near schools, shopping, and major commuter routes. Excellent opportunity for an investor or owner-occupant.

    Shawn Richardson EXP REALTY, LLC

    3441 Livingston St NE Unit 3447, Salem, OR 97301
  • /10

    $235,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    781 Boone Rd SE Unit 28, Salem, OR 97306

    2-bedroom, 1 bath condo with a swimming pool, private deck, newer mini-split system, ring cameras, fridge, stove, dishwasher, microwave, washer and dryer. Numerous updates that include paint, flooring, kitchen-quartz countertops, cabinet resurfacing, bathroom shower, sink and vanity. A must see!

    Visay Naggi Berkshire Hathaway HomeServices Real Estate Professionals

    781 Boone Rd SE Unit 28, Salem, OR 97306
  • /20

    $375,000

    • 3 Beds
    • 1 Bath
    • 1,262 Sq Ft

    1285 30th Ave NE, Salem, OR 97301

    Well taken care of single story home. Ready for new owners. Hardwood floors, covered back patio, fenced in back yard. Some pictures are AI staged for concept.

    David Wiggers HOMESMART REALTY GROUP

    1285 30th Ave NE, Salem, OR 97301
  • /38

    $375,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,058 Sq Ft

    928 Trust Ln SE, Salem, OR 97306

    This is a gorgeous 2020 built, light & bright move-in ready 3-bedroom 2-bath home in South Salem on a cul de sac! Open floor plan with beautiful wood like floors, stunning tile backsplash & soft close cabinets, air conditioning, security system with cameras & alarm & tankless water heater. All of the latest finishes & an energy efficient split! Separate potential ADU 10 x 14 (not included in sq

    Julie Boeder COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    928 Trust Ln SE, Salem, OR 97306
  • /45

    $475,000

    $40K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,228 Sq Ft

    5275 Parker Ct S, Salem, OR 97306

    Private cul-de-sac location in the sought-after Sprague School Dist.! This beautifully maintained 4BD/2.5BA home is tucked into an established South Salem Hills neighborhood. Don't want to mow grass, no problem. The back deck is expansive and provides ample space for peaceful entertaing. Engineered bamboo flooring throughout, granite countertops and large windows providing abundant natural light.

    TRISHA FRIZELLE WINDERMERE HERITAGE

    5275 Parker Ct S, Salem, OR 97306
  • /37

    $424,900

    • 2 Beds
    • 2 Baths
    • 1,412 Sq Ft

    4359 Alderbrook Ave SE, Salem, OR 97302

    Single-level Courtside townhome in South Salem with creative charm and an inviting sense of place. This 2 bed, 2 bath, 1,412 SF home features warm living spaces, a wood-burning fireplace, office, breakfast nook, and main-level laundry. The custom covered back deck feels like an outdoor living room—perfect for gathering, unwinding, and taking in the quiet and peaceful surrounding. Fenced

    Shane Matthews HOMESTAR BROKERS

    4359 Alderbrook Ave SE, Salem, OR 97302
  • /11

    $275,000

    • 2 Beds
    • 2.5 Baths
    • 1,636 Sq Ft

    3C3F M8 Unit D-108, Salem, OR 97305

    ELEVATE is an exclusive project featuring 41 luxurious apartments within a sophisticated 4-story building, epitomizing the pinnacle of elegance in Merida's most coveted location. This architectural marvel draws inspiration from Miami's opulence, blending structural grandeur with exquisite interior design details. The exceptional amenities provide a holistic lifestyle experience, with a

    Jason Lee Villarreal Martha Turner Sotheby's International Realty

    3C3F M8 Unit D-108, Salem, OR 97305
  • /28

    $299,900

    $25K PRICE DROP
    • Land
    • 1.56 Acres
    • $192,244 per Acre

    Lot 903 Everett Dr S, Salem, OR 97306

    1 of 3 buildable tax lots (see also MLS 832658, 832660)—each approved for one single-family home—available individually or buy all 3. Less than 1⁄4 mile from Salem’s UGB, with potential Mt. Hood views after selective clearing. Along quiet dead-end road with gentle slopes; Lots 910 + 903 are 1.56 acres with standard septic approvals; Lot 900 is 4.66 acres (no perc test). Power nearby, area known

    AMY PENDLEY AGRI-BUSINESS REAL ESTATE SERVICES

    Lot 903 Everett Dr S, Salem, OR 97306
  • /32

    $435,000

    • 4 Beds
    • 2 Baths
    • 1,168 Sq Ft

    4726 Antelope Ct NE, Salem, OR 97305

    Turn-key and beautifully remodeled! This stunning 4-bedroom, 2-bath home sits on a spacious corner lot with RV parking and offers stylish, modern updates throughout. Featuring a new roof, fresh exterior paint, new siding, new flooring, all-new appliances, new fencing, and more, every detail has been thoughtfully updated. Move right in and enjoy low-maintenance living with plenty of outdoor space

    Colleen Benson KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

    4726 Antelope Ct NE, Salem, OR 97305
  • /29

    $379,000

    $6K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,120 Sq Ft

    311 Kanuku St SE, Salem, OR 97306

    Brand new roof installed July 2026! This 3-bedroom, 2-bath ranch in a desirable South Salem location offers 1,120 sq ft of comfortable one-level living with a functional floor plan and plenty of natural light. Major updates are already done: new roof, 3-pane vinyl windows, and fresh exterior paint mean years of peace of mind ahead. Enjoy the spacious, fully fenced backyard with a patio — perfect

    Ty Hildebrand REALTY ONE GROUP WILLAMETTE VALLEY

    311 Kanuku St SE, Salem, OR 97306
  • /17

    $350,000

    $9K PRICE DROP
    • Land
    • 2.35 Acres
    • $148,936 per Acre

    6695 Elmhurst Ave S, Salem, OR 97306

    Prime location! Beautiful 2.18 acre lot in South Salem with territorial views and glimpses of Mt. Jefferson. This flag lot features a seasonal stream, start of a gravel driveway, partial fencing, and established cherry, apple, walnut, and cedar trees. Septic approved, recently surveyed, and pinned. A cleared and prepped homesite awaits at the top of the slope, or choose your ideal spot. Enjoy a

    Dewey Whitton THE SALEM REAL ESTATE GROUP

    6695 Elmhurst Ave S, Salem, OR 97306
  • /35

    $389,900

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,457 Sq Ft

    5365 Pike Ct S, Salem, OR 97306

    Welcome home to this move-in ready South Salem gem! Tucked away on a quiet dead-end street, this beautifully updated 3-bedroom, 2-bath home offers comfort, style, and a location you'll love for years to come. The spacious floor plan is ideal for both everyday living and entertaining, featuring separate living and family rooms. Recent updates include fresh interior and exterior paint, brand-new

    JOSE GONZALEZ TU CASA CORPORATION

    5365 Pike Ct S, Salem, OR 97306
  • /16

    $414,995

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,680 Sq Ft

    432 Reno St NE, Salem, OR 97301

    The property is located at 432 RENO STREET NE SALEM OR 97301 priced at 414995, the square foot and stories are 1680, 2.The number of bath is 2, halfbath is 1 there are 3 bedrooms and 2 garages. For more details please, call or email.

    D.R. Horton Builder
    432 Reno St NE, Salem, OR 97301
  • /49

    $499,999

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,631 Sq Ft

    418 Valleywood Dr SE, Salem, OR 97306

    Well-maintained 3 bedroom, 2 bath home great for entertaining with an open concept feel. Tile roof for easy maintained. This home featuring updated windows with a transferable warranty, recently updated appliances, and a new composite deck perfect for outdoor living. The backyard includes a newer metal fence and is wired for a future hot tub with an existing pad and electrical in place. Washer

    Sean Keene REGER HOMES, LLC

    418 Valleywood Dr SE, Salem, OR 97306
  • /21

    $350,000

    • Land
    • 2.18 Acres
    • $160,550 per Acre

    6615 Elmhurst Ave S Unit 2, Salem, OR 97306

    Prime location! Beautiful 2.18 acre lot in South Salem with territorial views and glimpses of Mt. Jefferson. This flag lot features a seasonal stream, start of a gravel driveway, partial fencing, Septic approved, recently surveyed, and pinned. A cleared and prepped homesite awaits at the top of the slope, or choose your ideal spot. Enjoy a peaceful setting just south of town, perfect for building

    Dewey Whitton The Salem Real Estate Group

    6615 Elmhurst Ave S Unit 2, Salem, OR 97306
  • /43

    $425,000

    • 3 Beds
    • 2 Baths
    • 1,695 Sq Ft

    4528 Sesame St NE, Salem, OR 97305

    Best buy in Jan Ree! 1695 SF Rancher on large corner lot with RV parking. 3 spacious bdrms, 2 full baths. Formal Living room with fireplace, Formal Dining with built in hutch; Family Rm has second fireplace. Inside Utility. FA Gas and Central AC. DA Garage. Large covered and enclosed patio. Fenced backyard with Garden Shed. Priced for quick sale. Enjoy low county taxes!

    Gladys Blum BLUM REAL ESTATE

    4528 Sesame St NE, Salem, OR 97305
  • /9

    $400,000

    • 4 Beds
    • 1 Bath
    • 1,852 Sq Ft

    2027 Coral Ave NE, Salem, OR 97305

    This property opens the door to a variety of possibilities with a single-family home and duplex situated on one lot. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multigenerational living setup, opportunities like this are hard to find. The duplex features two 1-bedroom, 1-bathroom units and has a strong rental history with

    Jacqueline Smith Keller Williams Premier Partners

    2027 Coral Ave NE, Salem, OR 97305

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