$377,593
$298K since sold in August 1991$4,000 since August
This home's estimate is 6.3% lower than the average sale price ($403K) of 3 comparable homes.
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Off Market Aug 1991 for $80K
$377,593
Est. refi paymentEst. refi $511/mo
3
bd•
2 ba
•
1,241
sq ft
1240 Hoffman Rd NE, Salem, OR 97301
About this home
1240 Hoffman Rd NE is a 1,241 square foot house on a 6,098 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on August 21, 1991 for $80,000. Based on Redfin's Salem data, we estimate the home's value is $377,593.
Single-familyProperty Type
1997Year Built
6,098 sq ftLot Size
$304Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Sell
$353,834
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$1,873/mo
Redfin rental estimate
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Market trends in 97301, OR
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
100.2%
+0.0% MoM
Median sale price
$404K
$3K MoM
Avg. days on market
42d
1 days MoM
Recently sold homes
130
2 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 10 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
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