The median sale price of a home in South Salem was $459K last month, down 7.2% since last year. The median sale price per square foot in South Salem is $284, up 7.4% since last year.
What is the housing market like in South Salem today?
In April 2024, South Salem home prices were down 7.2% compared to last year, selling for a median price of $459K. On average, homes in South Salem sell after 30 days on the market compared to 120 days last year. There were 21 homes sold in April this year, up from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$459,000
-7.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
South Salem, OR
$459,000
-7.2%
United States
To compare other locations to the South Salem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salem add value to a home.
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How hot is the South Salem housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.5%
+2.3 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
South Salem, OR
100.5%
+2.3 pt
United States
Home offer insights for South Salem
Explore recent offers and recently sold homes in South Salem
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Salem.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Salem has a moderate risk of flooding. 97 properties in South Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in South Salem. Flood risk is increasing slower than the national average.
84% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Salem has a minor risk of wildfire. There are 2,083 properties in South Salem that have some risk of being affected by wildfire over the next 30 years. This represents 84% of all properties in South Salem.
South Salem has minimal risk of severe winds over the next 30 years
Wind Factor
South Salem has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.