The median sale price of a home in Central Area was $375K last month, up 29.3% since last year. The median sale price per square foot in Central Area is $332, up 51.3% since last year.
What is the housing market like in Central Area today?
In March 2024, Central Area home prices were up 29.3% compared to last year, selling for a median price of $375K.
$375K
Sale Price
+29.3% since last year
$332
Sale $/Sq. Ft.
+51.3% since last year
Under List Price
3.8%
Days on Market
102
Down Payment
—
Total Homes Sold
1
To compare other locations to the Central Area and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salem add value to a home.
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Home offer insights for Central Area
Explore recent offers and recently sold homes in Central Area
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Central Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Area.
Risk Factor
Flood Factor - Extreme
77% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Area has an extreme risk of flooding. 638 properties in Central Area are likely to be
severely affected
by flooding over the next 30 years. This represents 77% of all properties in Central Area. Flood risk is increasing faster than the national average.
65% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Area has a minor risk of wildfire. There are 706 properties in Central Area that have some risk of being affected by wildfire over the next 30 years. This represents 65% of all properties in Central Area.
Central Area has minimal risk of severe winds over the next 30 years
Wind Factor
Central Area has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.