The median home value in Salem, OR is $428,497.
This is
higher than
the county median home value of $370,000.
The national median home value is $308,980.
The average price of homes sold in Salem, OR is $428,497.
Approximately 53% of Salem homes are owned,
compared to 40% rented, while
6% are vacant.
Salem real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Salem real estate agent to arrange a tour today!
Learn more about Salem.
2 Acre panoramic view home site, Ready for you to build your dream home, good water well, standard septic approved, electric vault at property, seller did trenching and conduit for electrical, water, & internet, Amazing Views! Good access road, A must see!
Oversized 0.87 acre shovel-ready lot with potential to partition. All utilities stubbed to lot making this property ideal for your next custom home. OR use HB 2001 to build several rental units. Shadow Creek Estates puts you in some of the areas best schools, Brush College & West Salem High. Easy access to I-5, OR-99E, and OR-221. Bring your builder or use ours. Seller Financing Possible. Do not miss this opportunity!
Buildable Salem lot Per Seller. Buyer to do their own due Diligence. This Beautiful lot is on Mill Creek. This lot has always been a garden with fruit trees Blue Berries Wine Grapes Raspberries Hazelnuts and Plumb trees.
Build your dream home in Croisan Hills! This 0.26 acre lot is at the end of a long private driveway off the main road. In a great location that feels secluded and private with shopping, restaurants, schools and Nelson Park nearby. Potential for a beautiful view after trees are cleared. Property lines on listing photos are approximate. Buyer to do due diligence on property lines, building regulations and requirements. Please make an appointment prior to visiting the property.
Come tour this buildable acreage lot with a View Privacy, trees, view. The property has standard septic approval! 2 wells drilled High Speed internet by Minet fiber, power to lot. Bring your dream home plans and enjoy the privacy and view.
Perfect opportunity to build 16 units (Four 4-plex) on almost 2 acres in South Salem. This property is shovel ready! Engineered plans and building permits are processed and ready at City of Salem. Each 1328/ft unit consists of 3 bed/2 bath and has attached single car garage. City sewer and water. All utilities are at the street. Building site is dugout to grade and ready to pour foundations. Location is in high demand and demands top of the market rents. Close to Sprague High School and Kuebler Blvd.
Prime 48-acre opportunity in South Salem within the Urban Growth Boundary, neighboring Cinnamon Hill and Sabre Ridge. Adjacent to RS (single family) zone to West and RM2 (multifamily) to the North. Ownership taking property through annexation. Zoning will change to DR (Developing Residential) once inside the city limits. With street and utility stubs at the west & north end, the site is prime for a planned unit development or subdivision. Two existing dwelling units with multiple outbuildings. Excellent opportunity for investors seeking a well-connected and ready-to-develop property.
Developent opportunity. Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property.
Kwonesum is Eternal/Everlasting in Chinook. 5.17 acres, ready to build, magnificent views & sunsets. Willamette Valley below, Mary's Peak & the Coast Range. Privacy, tranquility, cul-de-sac, septic approved. Forest & pasture, lots of usable ground, CCR's to protect property value, HOA $375 per year. Can be sold with property next door, 3114 Kwonesum Ct S.
Don't miss this chance to secure a highly visible and well-connected property in NE Salem. Whether you are looking to establish a thriving industrial business, storage facilities, or boat and RV parking services, this property offers a compelling financial opportunity. The property is equipped with 3-phase electrical supply, catering to businesses that require heavy machinery and power-intensive operations. The property is fenced and secured. There are several outbuildings that can facilitate your needs. Rail Line Access: An exceptional advantage of this property is its direct access to a rail line. The presence of rail transportation provides businesses with efficient and cost-effective logistics solutions, enabling seamless distribution and connectivity to major markets.
Tentative subdivision approval for 38 buildable single family lots in highly desirable South Salem location. Many lots will have golf course and/or mountain views. This 10 acre parcel has the potential to be Salem's next premier neighborhood of higher-end homes. Buyer to do due diligence.
Come build your dream home on this new 2.0 acre gorgeous gently sloped buildable lot in a tranquil wooded area with easy access to I-5 and Hwy 22. Multiple lots now available. Standard septic approved. Suitable for Single Family homes, and there is a 24' wide gravel road access to the lots. Power to lot.
Come build your dream home on this new 2.0 acre gorgeous gently sloped buildable lot in a tranquil wooded area with easy access to I-5 and Hwy 22. Multiple lots now available. Standard septic approved. Suitable for Single Family homes, and there is a 24' wide gravel road access to the lots. Power to lot.
Come build your dream home on this new 2.0 acre gorgeous gently sloped buildable lot in a tranquil wooded area with easy access to I-5 and Hwy 22. Multiple lots now available. Standard septic approved. Suitable for Single Family homes, and there is a 24' wide gravel road access to the lots. Power to lot.
The parcel is the corner lot, zoned CG (General Commercial) which allows for a variety of uses. High vehicle traffic due to Regal Cinema and CarMax, Strong development opportunity, High density retail corridor, You have access directly from Lancaster Dr SE. Buyer to verify all information.
This 8.26 acre parcel Zoned RM2 is located in a prime location, surrounded by farmland & just off Harritt Dr, E of the newly approved Marine Drive corridor. This property has potential for 100+ Unit Multi-Family development. City Sewer connected on the West side of the parcel & power to be delivered to Marine Drive from the City of Salem. Access easement connects to Wallace Rd & located on the South side of the property. Plenty of fill already on-site with active DEQ 1200-C permit for adding future fill.
Hard to find view lot in outstanding West Salem area. Build your custom home to fully capture the sweeping valley views! This is land only - BYOB (Bring your own builder). Property has pins. 2649 Dalke Ridge Dr NW also possibly available (vacant lot next to this lot).
Location, Location, Location! I-5 frontage bare land near the Market St exit. The property is flat and ready for your ideas. Zoned Commercial Retail. The property has billboard income, is flat and ready for your ideas.
state land survey report is in document, It is build-able lot. RS zoning possibly ADU. Build your new home. Nice 2+ acre parcel located in an established neighborhood within the Urban Growth Boundary. Buyer to perform own due diligence.