This home's estimate is 17.6% lower than the average sale price ($425K) of 6 comparable homes.
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5815 Reed Ln SE Unit 135, Salem, OR 97306
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Redfin Estimate
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Market trends in 97306, OR
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
0 MoM
- 3D WALKTHROUGH$505,0004 beds3 baths2,443 sq ft5087 Terrylee Ct SE, Salem, OR 97306Heather Rauh • HomeSmart Realty Group
- OPEN SAT, 1PM TO 3PM$430,0003 beds2 baths1,390 sq ft6323 Robin Hood St SE, Salem, OR 97306Dana Burk • Keller Williams Capital City
- 3D WALKTHROUGH$525,0003 beds3 baths1,694 sq ft5614 Wigeon St SE, Salem, OR 97306Ashleigh Fordham • Windermere Heritage
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Provided by Redfin
Sale history for 5815 Reed Ln SE Unit 135
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Townhouse
- Year Built: —
- Year Renovated: —
- County: Marion County
- APN: —
Around this home
Schools
Public K-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 1.8mi
Public 9-12 • Assigned • 3.7mi
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
- Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.3 weeks ago • SalemWas this helpful?
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
12 unhealthy days expected this year, 13 days in 30 years
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.
Nearby similar homes




New listings for sale in 97306


Home values near 5815 Reed Ln SE Unit 135
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1436 Sq. Ft. | $621,188 |
3 Beds | 3 Baths | 2585 Sq. Ft. | $653,934 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 2745 Sq. Ft. | $676,438 |
3 Beds | 2 Baths | 1306 Sq. Ft. | $402,471 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 998 Sq. Ft. | $363,737 |
4 Beds | 2.5 Baths | 2367 Sq. Ft. | $718,133 |
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