Cheap homes for sale & real estate in Salem, OR

497 homes

Sort:

Recommended

NEW 1 HR AGOFLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Updated South Salem home offers 3 bedrooms & 2.5 baths with low maintenance backyard sanctuary. Enjoy a spacious primary suite featuring an additional living area that can flex to fit your lifestyle—home office, sitting room, workout space or private retreat. Major updates include a new roof, HVAC, repiped water lines and tankless water heater. A walk-in pantry, gas fireplace, and 2-car garage add everyday convenience. Set on a cul-de-sac close to shopping, dining, & communter routes.

$435,000

3 beds2.5 baths1,781 sq ft

1340 Classico Ct SE, Salem, OR 97306

Repiped water lines • Hvac • New roof

Listing provided by WVMLS

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Welcome to this thoughtfully updated home tucked away on a quiet cul-de-sac with a large front yard, an expansive fenced backyard, mature trees and a city park just 50± yards away. This home keeps its classic character while blending in the new! Adjustable LED ceiling lights have been installed throughout, while the remodeled bathroom adds a fresh, updated feel. The home features a new electrical service panel with two ground rods, a new disconnect for the mini-split, new electrical service to the water heater, and PEX re-piping. Resurfaced fir and oak hardwood floors add warmth to the home. The kitchen retains its charm and offers two double-shelved Lazy Susan corner cabinets plus a

$369,000

2 beds1 bath962 sq ft

3843 Welty Ave SE, Salem, OR 97302

Remodeled bathroom • Large front yard • Cul-de-sac

Listing provided by WVMLS

NEW 22 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Great opportunity in West Salem! This 3-bedroom home offers nearly 1,500 sq ft of comfortable single-level living with a spacious layout and cozy fireplace. Recent updates include fresh interior and exterior paint, new carpet, new flooring throughout, newer garage doors, central air, and new kitchen appliances including a dishwasher, built-in microwave, and free-standing range. The backyard also features a storage shed for added convenience. With several updates already completed, an attached garage, and a convenient West Salem location, this home is ready for its next owner!

$399,900

3 beds2 baths1,494 sq ft

665 Dian Ave NW, Salem, OR 97304

New carpet • New flooring • Storage shed

Listing provided by WVMLS

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Restore this 3BR cottage back to its former glory and abundant vintage charm! Lots of curb appeal with its gables and columns. Coved ceilings, large kitchen, fireplace, gas forced air, full unfinished basement, and garage. Backyard also has a large, covered porch perfect for evening relaxation. Homeowners, get ahead with six digit sweat equity & a rehab loan. Superb wintertime project for the fix & flip contractor; perfect timing for spring buyers. Buy-and-hold investors, your tenants will appreciate the bus stop just a few yards down the street and close access to downtown, medical offices, & fairgrounds. See Instructions.

$199,900

3 beds1 bath1,248 sq ft

1782 Capitol St, Salem, OR 97301

Covered porch • 3,484 sq ft lot • Garage

Derrick Emmert • White Star Realty, Inc

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Nestled in a picturesque . 90-acre lot in desirable South Salem, this charming 1901 farmhouse is full of character and opportunity. Surrounded by mature trees and offering a peaceful country feel with the convenience of nearby city amenities, this property is ready for its next chapter. Being sold as-is, making it an excellent opportunity for investors, renovators, or buyers looking to restore this historic farmhouse. Property has a private well and septic system. Bring your vision!

$350,000

3 beds2 baths1,708 sq ft

4227 Riverdale Rd S, Salem, OR 97302

Private well • Picturesque lot • Historic farmhouse

Listing provided by WVMLS

Property at 239 Moonlight Ave SE, Salem, OR 97302, 3 beds, 2 baths

$395,000

3 beds2 baths1,624 sq ft

239 Moonlight Ave SE, Salem, OR 97302

Listing provided by WVMLS

Property at 780 Ratcliff Dr SE, Salem, OR 97302, 3 beds, 1 bath

$334,900

3 beds1 bath1,295 sq ft

780 Ratcliff Dr SE, Salem, OR 97302

Listing provided by WVMLS

Property at 1875 23rd St NE, Salem, OR 97301, 4 beds, 2.5 baths

$398,000

4 beds2.5 baths1,316 sq ft

1875 23rd St NE, Salem, OR 97301

Listing provided by WVMLS

Property at 730 Wildwind Dr SE, Salem, OR 97302, 4 beds, 2 baths

$375,000

4 beds2 baths1,887 sq ft

730 Wildwind Dr SE, Salem, OR 97302

Colleen Benson • Keller Williams Capital City

Property at 3766 Clearview Ct, Keizer, OR 97303, 3 beds, 2 baths

$400,000

3 beds2 baths1,312 sq ft

3766 Clearview Ct, Keizer, OR 97303

Nick Shivers • eXp Realty, LLC

Property at 1846 Icabod St NE, Salem, OR 97305, 3 beds, 2 baths

$324,900

3 beds2 baths1,574 sq ft

1846 Icabod St NE, Salem, OR 97305

Listing provided by WVMLS

Property at 3062 Hammel St NE, Salem, OR 97301, 3 beds, 1.5 baths

$299,900

3 beds1.5 baths1,473 sq ft

3062 Hammel St NE, Salem, OR 97301

Listing provided by WVMLS

Property at 3040 D St NE, Salem, OR 97301-2855, 2 beds, 1 bath

$280,000

2 beds1 bath768 sq ft

3040 D St NE, Salem, OR 97301-2855

Listing provided by WVMLS

Property at 1675 Jefferson St NE, Salem, OR 97301, 3 beds, 2 baths

$349,000

3 beds2 baths1,561 sq ft

1675 Jefferson St NE, Salem, OR 97301

Sandy Van Dyk • Paramount Real Estate Services

Property at 1520 17th St NE, Salem, OR 97301, 4 beds, 1 bath

$349,900

4 beds1 bath1,183 sq ft

1520 17th St NE, Salem, OR 97301

Listing provided by WVMLS

Property at 955 17th St NE, Salem, OR 97301, 3 beds, 1 bath

$340,000

3 beds1 bath1,232 sq ft

955 17th St NE, Salem, OR 97301

Listing provided by WVMLS

Property at 4527 Garden Ct, Salem, OR 97317, 3 beds, 2 baths

$379,000

3 beds2 baths1,280 sq ft

4527 Garden Ct, Salem, OR 97317

Jaime Hudson • Premiere Property Group, LLC

Property at 5122 Sunnyside Rd SE, Salem, OR 97306, 3 beds, 2 baths

$399,000

3 beds2 baths1,237 sq ft

5122 Sunnyside Rd SE, Salem, OR 97306

Kim Shelby • Coldwell Banker Valley Brokers

Property at 4275 Hayesville Dr NE, Salem, OR 97305, 3 beds, 2 baths

$425,000

3 beds2 baths1,237 sq ft

4275 Hayesville Dr NE, Salem, OR 97305

Listing provided by WVMLS

Property at 2854 NW Glen Creek Rd, Salem, OR 97304, 3 beds, 3 baths

$419,000

3 beds3 baths1,605 sq ft

2854 NW Glen Creek Rd, Salem, OR 97304

Han Jiang • Realty One Group Prestige

Property at 1012 Leona Ln S, Salem, OR 97302, 2 beds, 2 baths

$399,900

2 beds2 baths1,363 sq ft

1012 Leona Ln S, Salem, OR 97302

Listing provided by WVMLS

Property at 1339 Madras St SE, Salem, OR 97306, 2 beds, 1.5 baths

$259,900

2 beds1.5 baths864 sq ft

1339 Madras St SE, Salem, OR 97306

Listing provided by WVMLS

Property at 1575 Sandstone Ct S, Salem, OR 97306, 3 beds, 2 baths

$440,000

3 beds2 baths1,570 sq ft

1575 Sandstone Ct S, Salem, OR 97306

Listing provided by WVMLS

Property at 2120 Robins Ln SE #136, Salem, OR 97306, 3 beds, 2 baths

$254,900

3 beds2 baths1,755 sq ft

2120 Robins Ln SE #136, Salem, OR 97306

Listing provided by WVMLS

Property at 1090 Sharon Lp SE, Salem, OR 97306, 3 beds, 1 bath

$300,000

3 beds1 bath1,008 sq ft

1090 Sharon Lp SE, Salem, OR 97306

Listing provided by WVMLS

Property at 2235 Electric St SE, Salem, OR 97302, 3 beds, 2 baths

$399,999

3 beds2 baths1,176 sq ft

2235 Electric St SE, Salem, OR 97302

Listing provided by WVMLS

Property at 5654 Fairfield Ct S, Salem, OR 97306, 3 beds, 2 baths

$410,000

3 beds2 baths1,360 sq ft

5654 Fairfield Ct S, Salem, OR 97306

Listing provided by WVMLS

Property at 1923 Winchester St NW, Salem, OR 97304, 3 beds, 2 baths

$420,000

3 beds2 baths1,480 sq ft

1923 Winchester St NW, Salem, OR 97304

Listing provided by WVMLS

Property at 3042 Colleen St, Salem, OR 97305, 3 beds, 2 baths

$378,000

3 beds2 baths1,018 sq ft

3042 Colleen St, Salem, OR 97305

Sharon Parmenter • Opendoor Brokerage LLC

Property at 940 Columbia St NE, Salem, OR 97301, 4 beds, 1 bath

$375,000

4 beds1 bath1,346 sq ft

940 Columbia St NE, Salem, OR 97301

Listing provided by WVMLS

Property at 2374 Greentree Ct NE, Salem, OR 97305, 3 beds, 2 baths

$319,900

3 beds2 baths1,330 sq ft

2374 Greentree Ct NE, Salem, OR 97305

Listing provided by WVMLS

Property at 3419 Lake Vanessa Cir NW, Salem, OR 97304, 3 beds, 2 baths

$384,000

3 beds2 baths1,914 sq ft

3419 Lake Vanessa Cir NW, Salem, OR 97304

Listing provided by WVMLS

Property at 2120 Robins Ln SE #60, Salem, OR 97306, 2 beds, 2 baths

$139,900

2 beds2 baths1,296 sq ft

2120 Robins Ln SE #60, Salem, OR 97306

Listing provided by WVMLS

Property at 786 Hoffman Rd NE #48, Salem, OR 97301, 3 beds, 2 baths

$120,000

3 beds2 baths1,540 sq ft

786 Hoffman Rd NE #48, Salem, OR 97301

Listing provided by WVMLS

Property at 4252 Lemon St NE, Salem, OR 97305, 2 beds, 2 baths

$58,900

2 beds2 baths1,404 sq ft

4252 Lemon St NE, Salem, OR 97305

Listing provided by WVMLS

Property at 4835 Coloma Dr, Salem, OR 97302, 3 beds, 1 bath

$435,000

3 beds1 bath1,500 sq ft

4835 Coloma Dr, Salem, OR 97302

Vassa Bodunov • HomeSmart Realty Group

Property at 786 Hoffman Rd, Salem, OR 97301, 3 beds, 2 baths

$120,000

3 beds2 baths1,540 sq ft

786 Hoffman Rd, Salem, OR 97301

Angelica Arredondo • Rocha Realty LLC

Property at 5836 Tumbleweed Cir, Salem, OR 97305, 3 beds, 2 baths

$139,000

3 beds2 baths1,568 sq ft

5836 Tumbleweed Cir, Salem, OR 97305

Listing provided by WVMLS

Property at 1988 Nut Tree Dr, Salem, OR 97304, 2 beds, 2 baths

$425,000

2 beds2 baths1,608 sq ft

1988 Nut Tree Dr, Salem, OR 97304

Pamula Irish • Premiere Property Group, LLC

Property at 2210 Maplewood Dr S, Salem, OR 97306, 2 beds, 1.5 baths

$255,000

2 beds1.5 baths900 sq ft

2210 Maplewood Dr S, Salem, OR 97306

Listing provided by WVMLS

Property at 440 Reno St NE, Salem, OR 97301, 4 beds, 3 baths

$409,995

4 beds3 baths1,497 sq ft

440 Reno St NE, Salem, OR 97301

Heather Quirke • D. R. Horton, Inc Portland

Viewing page 1 of 13

Cheap Homes for Sale in Salem

There are currently 497 cheap homes for sale in Salem at a median listing price of $480K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Salem stay on the market for 67 days and receive 1 offers. Popular neighborhoods include Southeast Salem, Central Area, Northeast Salem, South Salem, and West Salem. This map is refreshed with the newest listings in Salem every 15 minutes.

In the past month, 168 homes have been sold in Salem. In addition to houses in Salem, there were also 55 condos, 17 townhouses, and 42 multi-family units for sale in Salem last month. Salem is a minimally walkable city in Marion County with a Walk Score of 42. Salem is home to approximately 153,647 people and 87,666 jobs. Find your dream home in Salem using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Salem are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Salem. Our Salem real estate stats and trends will give you more information about home buying and selling trends in Salem. If you're looking to sell your home in the Salem area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Salem with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Salem, OR

Zip Codes

Nearby Cities

Neighborhoods

Nearby Cities with Cheap Homes

Nearby Neighborhoods with Cheap Homes

More to explore in Salem, OR

Featured
Price

How to buy a house in Salem, OR

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

5 Redfin agents serving Salem

187

Deals*

4.8

Satisfaction

1083

Homes closed*

* Data from the last year

Popular Markets in Oregon

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Data Last Updated Sun Sep 20 2026

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.