OFF MARKET
Google street view image for 2123 Wallace Rd NW, Salem, OR 97304
OFF MARKET
$469,170
4
bd
•
1.5 ba
•
2,820
sq ft

2123 Wallace Rd NW, Salem, OR 97304

map-entry

About this home

2123 Wallace Rd NW is a 2,820 square foot house on a 0.53 acre lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Salem data, we estimate the home's value is $469,170.
Single-familyProperty Type
1963Year Built
0.53 acresLot Size
$166Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$469,170
$2,000 since August

This home's estimate is 6.9% higher than the average sale price ($439K) of 4 comparable homes.

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Earn from this home

Sell
$440,155
Est. take-home

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Rent
$2,467/mo
Redfin rental estimate

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Market trends in 97304, OR

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price
98.9%

0.1% MoM

Median sale price
$510K

$9K MoM

Avg. days on market
70d

5 days MoM

Recently sold homes
110

3 MoM

New listings for sale

Provided by Redfin

Sale history for 2123 Wallace Rd NW

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 2123 Wallace Rd NW

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RS

Single Family Residential Zone

The purpose of the Single Family Residential (RS) Zone is to implement the single family residential designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The RS zone generally allows single family, two family, three family, and four family residential uses, along with a mix of other uses that are compatible with and/or provide support and services to the residential area.
Permitted uses

Include but are not limited to:

  • Agriculture
  • Community / recreation center
  • Day care facility
  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Other
  • Infrastructure
  • Library
  • Ground transport
  • Park & open space

Property details

Around this home

Schools

Harritt Elementary School

Public K-5 • Assigned • 0.2mi

5/10
Walker Middle School

Public 6-8 • Assigned • 1.2mi

4/10
West Salem High School

Public 9-12 • Assigned • 1.3mi

6/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

12 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97304
Average low and high temperatures (°F)
46
34
48
36
55
41
63
42
68
46
75
51
83
54
83
57
76
53
62
44
51
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.

9.9 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$446,000 – $540,000

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Nearby similar homes

NEW 24 HRS AGO
$550,000
3 beds2.5 baths2,250 sq ft
2610 Tyler Ct NW, Salem, OR 97301
3D WALKTHROUGH
$570,000
3 beds2 baths1,963 sq ft
1354 Lea Ann Ct, Salem, OR 97304
Chris Forrette • HomeSmart Realty Group
3D WALKTHROUGH
$395,000
3 beds1.5 baths1,228 sq ft
1150 Glen Crk NW, Salem, OR 97304
$529,900
2 beds3 baths2,367 sq ft
1639 Nut Tree Dr, Salem, OR 97304
Sam Labbe • Coldwell Banker Mountain West
$399,900
3 beds1 bath2,173 sq ft
1825 4th St, Salem, OR 97301
Margarita Arroyo • Make A Move Realty
SHORT SALE
$469,000
4 beds2 baths2,522 sq ft
900 Cascade Dr, Salem, OR 97304
Ann-Marie Nava • MORE Realty

New listings for sale in 97301

NEW 24 HRS AGO
$550,000
3 beds2.5 baths2,250 sq ft
2610 Tyler Ct NW, Salem, OR 97301
NEW 25 HRS AGO
$399,900
2 beds2 baths1,272 sq ft
1986 Pecan Ct, Salem, OR 97304
$450,000
3 beds2 baths1,478 sq ft
875 Jev Ct, Salem, OR 97304
Jana Fogg • Keller Williams Capital City
$539,900
4 beds2.5 baths2,110 sq ft
3065 Elliot St NW, Salem, OR 97304
$374,990
2 beds2 baths2,630 sq ft
1853 Woodstock Cir NW, Salem, OR 97304
Angel Williams • Equity Oregon Real Estate
$624,900
4 beds3 baths2,909 sq ft
2321 Banyonwood Ave NW, Salem, OR 97304
$395,000
3 beds2 baths1,372 sq ft
1210 River Bend Rd, Salem, OR 97304
Nereyda Aguirre Aguirre • eXp Realty, LLC
$640,000
3 beds3 baths2,571 sq ft
3173 Garrett St, Salem, OR 97304
Nereyda Aguirre Aguirre • eXp Realty, LLC
$359,000
2 beds2 baths1,250 sq ft
1565 3rd St NW, Salem, OR 97304

Home values near 2123 Wallace Rd NW

Data from public records.

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