Property prices for sale in Salem (Oregon)

The prices in real estate in Salem, in the Oregon region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$398,150.83
Average price last 6 months
$443.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salem has increased strongly during the last 6 months. In June, the average price per sq.feet was $362. In the following month the price per sq.feet decreased considerably to $238. The price for the following two months in (August, September) had a considerable increment of 286 %. The price per sq.feet has had a considerable deflation of 30 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $578.75 to $174 during October, and November.

Average price

Based upon to the price in Salem (cities), these have remained the same in the last 6 months. In our first sample month during June, the average price is $388,430. In July This price remains at $383,110. During the following two months (August, September) the price has had an average incrementation from $385,770 to $420,552. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $403,161 and $388,130.5 between October and November.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $369,091 they are 7 % more affordable than the average price for Salem. The properties with the highest average price have 1 bedroom, Their price is 828 % more costly than the average. After that we have properties with 4 bedrooms priced at $556,161.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $193 / sq.feet, with an average $183 / sq.feet price in Salem. The properties with the highest average prices have 1 bedroom. They are 2105 % more expensive than the average followed by properties with 2 bedrooms with a price at $339 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $369,091 it is 7 % cheaper than the average price in Salem. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $353,673 it is 37 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $151 / sq.feet followed by "Farm" priced at $154 / sq.feet. "House" is the most costly type of property with a $205 / sq.feet cost followed by "Farm" with an average price of $154 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Salem
Number of properties used in region Oregon
$369,091
$183
6,936
114,536
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Acero West Salem 2 Bedroom Apartment For Rent At 1948 Linwood St Nw, Salem, Or 97304 West ...
 20
Acero West Salem 2 Bedroom Apartment For Rent At 1948 Linwood St Nw, Salem, Or 97304 West ...
$1,485
Salem, Oregon - For Rent - Apartment - 1,059 sq.feet - 2 bedrooms - 2 bathrooms
Welcome to your brand-new upscale home, acero west salem. With unbeatable... For you. At acero west salem, we give you the modern amenities and the service...
Greenwood Park 2 Bedroom Apartment For Rent At 4427 Satter Place Northeast, Salem, Or 97305
 20
Greenwood Park 2 Bedroom Apartment For Rent At 4427 Satter Place Northeast, Salem, Or 97305
$890
Salem, Oregon - For Rent - Apartment - 775 sq.feet - 2 bedrooms - 1 bathroom
Call us to take a self-guided tour! Greenwood park apartments features spacious 2 bedroom apartment homes. We are close to shopping, schools, and the charriots...
Greenwood Park 2 Bedroom Apartment For Rent At 4427 Satter Place Northeast, Salem, Or 97305
 20
Greenwood Park 2 Bedroom Apartment For Rent At 4427 Satter Place Northeast, Salem, Or 97305
$899
Salem, Oregon - For Rent - Apartment - 850 sq.feet - 2 bedrooms - 1 bathroom
Call us to take a self-guided tour! Greenwood park apartments features spacious 2 bedroom apartment homes. We are close to shopping, schools, and the charriots...
Greenwood Park 2 Bedroom Apartment For Rent At 4427 Satter Place Northeast, Salem, Or 97305
 20
Greenwood Park 2 Bedroom Apartment For Rent At 4427 Satter Place Northeast, Salem, Or 97305
$945
Salem, Oregon - For Rent - Apartment - 850 sq.feet - 2 bedrooms - 1 bathroom
Call us to take a self-guided tour! Greenwood park apartments features spacious 2 bedroom apartment homes. We are close to shopping, schools, and the charriots...
Acero West Salem 2 Bedroom Apartment For Rent At 1948 Linwood St Nw, Salem, Or 97304 West ...
 20
Acero West Salem 2 Bedroom Apartment For Rent At 1948 Linwood St Nw, Salem, Or 97304 West ...
$1,455
Salem, Oregon - For Rent - Apartment - 987 sq.feet - 2 bedrooms - 1 bathroom
Welcome to your brand-new upscale home, acero west salem. With unbeatable... For you. At acero west salem, we give you the modern amenities and the service...