The median home value in Salem, OR is $425,500.
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 $425,500.
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.
Popular, historic Macleay area of SE Salem. Forested home site - partially fenced. Enjoy quiet, country setting but only 15 minutes to center of Salem. This is the N parcel #2, recently recorded at Marion County. Formerly part of tax id 328775. (county records not yet updated on their website) Seller is licensed OR RE Broker. Aerial approx. boundaries. Gate photo is on parcel to south.
Ready for you to build your dream home! Recently divided parcel with fully functioning septic system. Located in the lovely Roberts Ridge Acres, this lot feels remote but is minutes from S Commercial. Potential home site is flat with grove of trees providing privacy. Come see this hard to find homesite today!
Ready for your dream home! Nestled just off the Delaney exit and conveniently near South Salem, I-5, shopping, and dining. These beautiful 2 + acre lots offer a perfect blend of privacy and accessibility, featuring gently sloping terrain with stunning mature trees that enhance the serene atmosphere. The home sites have been cleared and are ready for construction, providing a solid foundation for your building plans. With standard septic approval and electricity readily available, you can build with confidence. Surrounded by spacious lots and nearby vineyards, you'll enjoy a quiet and picturesque setting. Access is provided via a private drive, ensuring added privacy. Don t miss this opportunity to create the home you ve always envisioned in this stunning location!
Ready for your dream home! Nestled just off the Delaney exit and conveniently near South Salem, I-5, shopping, and dining. These beautiful 2 + acre lots offer a perfect blend of privacy and accessibility, featuring gently sloping terrain with stunning mature trees that enhance the serene atmosphere. The home sites have been cleared and are ready for construction, providing a solid foundation for your building plans. With standard septic approval and electricity readily available, you can build with confidence. Surrounded by spacious lots and nearby vineyards, you'll enjoy a quiet and picturesque setting. Access is provided via a private drive, ensuring added privacy. Don t miss this opportunity to create the home you ve always envisioned in this stunning location!
Here is your opportunity to build a sustainable, eco-conscious home in the forward-thinking Pringle Creek community of South Salem! Located within a LEED-certified neighborhood, this premium lot combines sustainable living with modern conveniences. This is more than just a piece of land it's a step toward a greener future!
Seize this rare opportunity to own a .16 acre (6,818 sq ft) lot ideally located just minutes from the Riverfront park and Willamette University! Zoned RS this versatile lot is perfect for building a single family home or duplex. Offering an opportunity to investors or homeowners looking to create their dream space. Don't miss out on this chance to create something special in a convenient location.
Lot available with great views facing West in established South Salem neighborhood. Newer subdivision with beautiful homes. Close to Candelaria Elementary, Minto Brown Park, Salem Golf Club and easy access to downtown.
This is a huge opportunity for someone looking to have a prime commercial property on one of the busiest parts of Lancaster Dr. City just rezoned to Mixed Use II (MU-II). Zoning allows for everything from Duplex, Triplex, Quadraplex, apartments, Residential Care Facility, Short Term Lodging, Non-profit shelters, Restaurant, Day Care, and General Construction/repair facilities.
This exceptional buildable acreage offers the perfect blend of privacy and natural beauty. Nestled among mature trees and featuring a year-round creek with natural springs, this property boasts multiple potential homesites to suit your custom dream home. With standard septic approval already in place, the groundwork is ready for your dream home. Located just minutes from downtown Salem and with easy access to I-5, convenience and tranquility come together seamlessly here.
This property offers approximately 8/10 of a mile of riverfrontage, presenting an excellent opportunity for various endeavors such as Mitigation projects, hunting clubs, recreational facilities, parks, conservation efforts, and more. Gorgeous pond on the property as well. Buyer to do all due diligence. (Use 5930-5998 Riverside Dr S Salem, OR 97306 for directions)
Investment Development Property has been cleared and graded flat for its next owner. SELLER CONCESSIONS OFFERED Large lot in town with plenty of opportunity. Close to Freeway, Amenities, Transit System, Utilities, Etc. Almost an acre that would be a great site for middle density housing, cottage clusters, 4-plex, or possible re-zoning for multi-family. Property also has the potential to be parceled and used for several single family homes. Buyer to do all due diligence with city and county on approved or potential uses.
Very unique split zoned property with .93 AC to the south zoned Commercial and 3.83 AC to the north zoned AR5. STUNNING VIEWS looking South and Southwest on the potential homesite, plus the possibility to build a commercial building for your own use or for income, as well as RV park of up to 20 RV spots. Hwy 22 frontage for commercial use, yet great separation for your personal home. Rickreal Community water, septic in place. Buyer to do their own due diligence. Zoning: UC-C/AR5
Excellent South location. Two tax parcels totaling .76 acres. Conveniently close to 1-5 and shopping. Buyers responsible for conducting all necessary due diligence
Nice flat corner lot located in quiet W Salem neighborhood. Zoning allows for four plex unit to be built. Engineering and design work completed for the lot. Bring your own builder or have Remington built do the construction for you. See Mls 815357 for multifamily info and pricing.
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 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.
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.
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.