Cheap homes for sale & real estate in Salem, OR

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NEW 22 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Located in an established neighborhood, this inviting single-level home sits on a desirable corner lot with a fully fenced backyard. The back patio offers comfortable outdoor living, with a sliding glass door off the dining room, while French doors from the primary bedroom lead to a private deck. Both bathrooms have been updated, including the primary bath with a walk-in shower. The home is thoughtfully designed for accessibility, featuring a ramp at the front entry and an additional ramp from the garage into the house. Inside, the open kitchen connects seamlessly two living spaces, one featuring a cozy fireplace. The living room offers wall-to-wall carpet and an oversized window overlookin

$415,000

3 beds2 baths1,854 sq ft

4799 Sesame St, Salem, OR 97305

Private deck • Updated bathrooms • Walk-in shower

Reed Bright • Matin Real Estate

NEW 19 HRS AGOVIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Enjoy peaceful country living with convenient access to Salem. A large shop with power provides excellent space for projects, storage, or hobbies. Expansive outdoor areas offer room for animals or entertaining, with mature surroundings adding privacy and charm. A great opportunity for space and flexibility just minutes from town.

$300,000

2 beds1 bath1,289 sq ft

4563 Hazelgreen Rd NE, Salem, OR 97305

Large shop • 1.18 acre lot • Built 1949

Eddie Zapien • Works Real Estate

NEW 22 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Priced to sell! Come view this lovely 3 bedroom home in a quiet neighborhood. Spacious backyard, this house is just waiting for you to put your touches on it and call it home! Easy to show, vacant just message the listing agent. More photos coming soon.

$360,000

3 beds1 bath1,052 sq ft

4933 Regal Dr NE, Salem, OR 97301

Spacious backyard • 6,969 sq ft lot • 2 garage spots

Listing provided by WVMLS

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Charming 1915 period home, thoughtfully relocated and remodeled in 1980, now featuring a new roof. Backing directly to Hillview Park, the home enjoys stunning park views and mature trees that create a serene, private setting. Located in desirable South Salem near shopping and schools, this property offers the perfect blend of historic charm and an unbeatable location. Original wood floors, beautiful period millwork, and classic picture rail molding reflect the home’s timeless character, while modern conveniences include an efficient Rinnai tankless water heater.

$390,000

2 beds1 bath1,140 sq ft

482 Ewald Ave SE, Salem, OR 97302

Park views • Historic charm • New roof

Dewey Whitton • The Salem Real Estate Group

LISTED BY REDFIN3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Salem, OR:
Investor Alert! Income-producing single-family home with a long-term tenant in place at $2,000/month, offering immediate cash flow and strong upside potential. This property features a large 2-car garage with workshop and possible ADU potential (buyer to verify), along with ample off-street parking and flexible space for future use. The home presents a value-add opportunity, ideal for investors or savvy buyers looking to enhance, improve, and reposition over time. A solid footprint with multiple paths to increased returns—hold, improve, or expand your vision here. Mortgage savings may be available for buyers of this listing.

$359,000

2 beds1 bath1,342 sq ft

3680 Blossom Dr, Salem, OR 97305

Flexible space • Large 2-car garage • Workshop

Redfin

Property at 2232 SE 42nd Ave #710, Salem, OR 97317, 2 beds, 2 baths

$24,000

2 beds2 baths938 sq ft

2232 SE 42nd Ave #710, Salem, OR 97317

Listing provided by WVMLS

Property at 2560 Brown Rd, Salem, OR 97305, 3 beds, 2 baths

$409,900

3 beds2 baths1,296 sq ft

2560 Brown Rd, Salem, OR 97305

Marco Sanchez Hernandez • Realty of America, LLC

Property at 1047-1057 Browning Ave S, Salem, OR 97302, 4 beds, 2 baths

$436,900

4 beds2 baths1,570 sq ft

1047-1057 Browning Ave S, Salem, OR 97302

Listing provided by WVMLS

Property at 348 Greencrest St NE, Salem, OR 97301, 3 beds, 2 baths

$444,995

3 beds2 baths1,630 sq ft

348 Greencrest St NE, Salem, OR 97301

Heather Quirke • D. R. Horton, Inc Portland

Property at 1035 Chestnut St NW, Salem, OR 97304, 2 beds, 1 bath

$275,000

2 beds1 bath1,122 sq ft

1035 Chestnut St NW, Salem, OR 97304

Listing provided by WVMLS

Property at 380 Pietro St NE, Salem, OR 97301, 4 beds, 3 baths

$409,995

4 beds3 baths1,497 sq ft

380 Pietro St NE, Salem, OR 97301

Heather Quirke • D. R. Horton, Inc Portland

Property at 2735 Summer St SE, Salem, OR 97302, 2 beds, 1 bath

$250,000

2 beds1 bath1,126 sq ft

2735 Summer St SE, Salem, OR 97302

Nick Shivers • Keller Williams PDX Central

Property at 1121 Cole Rd, Salem, OR 97306, 2 beds, 2 baths

$290,000

2 beds2 baths2,039 sq ft

1121 Cole Rd, Salem, OR 97306

Listing provided by WVMLS

Property at 575 23rd St, Salem, OR 97301, 2 beds, 2 baths

$275,000

2 beds2 baths1,368 sq ft

575 23rd St, Salem, OR 97301

Donna Toline • DAT Real Estate Solutions, PC

Property at 4776 Buffalo Dr SE, Salem, OR 97317, 3 beds, 1 bath

$310,000

3 beds1 bath1,369 sq ft

4776 Buffalo Dr SE, Salem, OR 97317

Listing provided by WVMLS

Property at 585 Hickory St NE, Salem, OR 97301, 1 bed, 1.5 baths

$280,000

1 bed1.5 baths616 sq ft

585 Hickory St NE, Salem, OR 97301

Listing provided by WVMLS

Property at 1018 7th St NW, Salem, OR 97304, 3 beds, 2 baths

$325,000

3 beds2 baths1,108 sq ft

1018 7th St NW, Salem, OR 97304

Dana Burk • Keller Williams Capital City

Property at 1580 Bonnie Way, Salem, OR 97304, 4 beds, 2 baths

$419,000

4 beds2 baths2,534 sq ft

1580 Bonnie Way, Salem, OR 97304

Peter Cutile • Modern Realty

Property at 3698 Short St SE, Salem, OR 97302, 3 beds, 2 baths

$389,900

3 beds2 baths1,184 sq ft

3698 Short St SE, Salem, OR 97302

Mark Shadrin • Berkshire Hathaway HomeServices Real Estate Professionals

Property at 5892 Cobalt Lp SE, Salem, OR 97306, 3 beds, 2 baths

$435,000

3 beds2 baths1,600 sq ft

5892 Cobalt Lp SE, Salem, OR 97306

Listing provided by WVMLS

Property at 398 21st St, Salem, OR 97301, 3 beds, 1 bath

$375,000

3 beds1 bath1,000 sq ft

398 21st St, Salem, OR 97301

Jordan Matin • Matin Real Estate

Property at 4433 41st Ave NE, Salem, OR 97305, 3 beds, 2 baths

$445,000

3 beds2 baths1,333 sq ft

4433 41st Ave NE, Salem, OR 97305

Listing provided by WVMLS

Property at 3396 Lake Vanessa Cir NW, Salem, OR 97304, 3 beds, 2 baths

$340,000

3 beds2 baths1,404 sq ft

3396 Lake Vanessa Cir NW, Salem, OR 97304

Dana Burk • Keller Williams Capital City

Property at 4744 Ravine Ct NE, Salem, OR 97305, 4 beds, 2 baths

$415,000

4 beds2 baths1,368 sq ft

4744 Ravine Ct NE, Salem, OR 97305

Sitka Chiu • Forum Real Estate LLC

Property at 4748 Mall Ct NE, Salem, OR 97305, 3 beds, 1 bath

$399,900

3 beds1 bath1,056 sq ft

4748 Mall Ct NE, Salem, OR 97305

Listing provided by WVMLS

Property at 790 Hansen Ave S, Salem, OR 97302, 2 beds, 1 bath

$384,900

2 beds1 bath974 sq ft

790 Hansen Ave S, Salem, OR 97302

Listing provided by WVMLS

Property at 3937 SE Cousteau Dr, Salem, OR 97302, 1 bed, 2 baths

$315,000

1 bed2 baths546 sq ft

3937 SE Cousteau Dr, Salem, OR 97302

Maddie Gulley • eXp Realty, LLC

Property at 2892 Chester Ave, Salem, OR 97301, 3 beds, 2 baths

$309,000

3 beds2 baths1,256 sq ft

2892 Chester Ave, Salem, OR 97301

John Bacon • Cascade Heritage Real Estate Group

Property at 3415 Lake Vanessa Cir NW, Salem, OR 97304, 3 beds, 2 baths

$350,000

3 beds2 baths1,512 sq ft

3415 Lake Vanessa Cir NW, Salem, OR 97304

Dewey Whitton • The Salem Real Estate Group

Property at 3236 48th Ave NE, Salem, OR 97305, 3 beds, 2 baths

$390,000

3 beds2 baths1,150 sq ft

3236 48th Ave NE, Salem, OR 97305

Listing provided by WVMLS

Property at 1629 Georgia Ave SE, Salem, OR 97302, 3 beds, 1.5 baths

$429,000

3 beds1.5 baths1,310 sq ft

1629 Georgia Ave SE, Salem, OR 97302

Listing provided by WVMLS

Property at 297 Arlene Ave SE, Salem, OR 97301, 3 beds, 2 baths

$375,000

3 beds2 baths1,774 sq ft

297 Arlene Ave SE, Salem, OR 97301

Lynda Beck • Equity Oregon Real Estate

Property at 3324 Ferndell St NE, Salem, OR 97301, 3 beds, 2 baths

$399,900

3 beds2 baths1,332 sq ft

3324 Ferndell St NE, Salem, OR 97301

Brian Bemis • RE/MAX Integrity

Property at 4981 Jones Rd SE, Salem, OR 97302, 3 beds, 3 baths

$429,900

3 beds3 baths1,824 sq ft

4981 Jones Rd SE, Salem, OR 97302

Darryl Bodle • Keller Williams Realty Portland Premiere

Property at 1810 Liberty St NE, Salem, OR 97301, 2 beds, 1 bath

$294,000

2 beds1 bath664 sq ft

1810 Liberty St NE, Salem, OR 97301

Jessica Geck • Realty One Group Willamette Valley

Property at 5643 Tumbleweed Cir NE, Salem, OR 97305, 3 beds, 2 baths

$20,000

3 beds2 baths1,152 sq ft

5643 Tumbleweed Cir NE, Salem, OR 97305

Connie Abell • Hallmark Properties, Inc.

Property at 3299 Oakcrest Dr NW, Salem, OR 97304, 2 beds, 1 bath

$360,000

2 beds1 bath1,218 sq ft

3299 Oakcrest Dr NW, Salem, OR 97304

Listing provided by WVMLS

Property at 4418 Northside Dr NE, Keizer, OR 97303, 3 beds, 2 baths

$415,000

3 beds2 baths1,291 sq ft

4418 Northside Dr NE, Keizer, OR 97303

Listing provided by WVMLS

Property at 4435 Corki Ct SE, Salem, OR 97302, 3 beds, 2 baths

$400,000

3 beds2 baths1,095 sq ft

4435 Corki Ct SE, Salem, OR 97302

Listing provided by WVMLS

Property at 2451 Crestview Dr S, Salem, OR 97302, 3 beds, 2 baths

$356,900

3 beds2 baths1,265 sq ft

2451 Crestview Dr S, Salem, OR 97302

Listing provided by WVMLS

Property at 5422 Portland Rd NE #54, Salem, OR 97305, 2 beds, 2 baths

$30,000

2 beds2 baths1,056 sq ft

5422 Portland Rd NE #54, Salem, OR 97305

Listing provided by WVMLS

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Cheap Homes for Sale in Salem

There are currently 385 cheap homes for sale in Salem at a median listing price of $477K. 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 76 days and receive 1 offers. Popular neighborhoods include Southeast Salem, Northeast Salem, South Salem, Illahe Hills Estates, and West Salem. This map is refreshed with the newest listings in Salem every 15 minutes.

In the past month, 131 homes have been sold in Salem. In addition to houses in Salem, there were also 23 condos, 17 townhouses, and 32 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.

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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 © 2025 RMLS, Portland, Oregon. Data Last Updated Sat Dec 27 2025

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