Central Area, OR Housing Market

Homes for sale | City guide

The median sale price of a home in Central Area was $245K last month, down 38.8% since last year.

Trends
Demand
Schools
Climate
Transportation

Central Area Housing Market Trends

What is the housing market like in Central Area today?

In January 2025, Central Area home prices were down 38.8% compared to last year, selling for a median price of $245K.

$261K

Sale Price

$274

Sale $/Sq. Ft.

Over List Price

4.2%

Days on Market

Down Payment

—

Total Homes Sold

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.

Work with the best agents in Central Area

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View houses in Central Area that sold recently

Recently sold homes

SOLD FEB 27, 2025
$260,600 Last Sold Price
2 beds
2 baths
950 sq ft
777 Cottage (A) St NE, Salem, OR 97301
List Price
$250,000
Sale to List
4% over list
Days on Market
83 days
777 Cottage (A) St NE, Salem, OR 97301
SOLD JAN 14, 2025
$240,000 Last Sold Price
2 beds
2 baths
1,067 sq ft
777 Cottage (G) St NE, Salem, OR 97301
List Price
$240,000
Sale to List
0% over list
Days on Market
68 days
777 Cottage (G) St NE, Salem, OR 97301
SOLD JAN 8, 2025
$245,000 Last Sold Price
2 beds
2 baths
946 sq ft
777 Cottage (H) St NE, Salem, OR 97301
List Price
$250,000
Sale to List
2% under list
Days on Market
33 days
777 Cottage (H) St NE, Salem, OR 97301
SOLD NOV 19, 2024
3D WALKTHROUGH
$420,000 Last Sold Price
1 bed
1 bath
927 sq ft
156 Front St Unit (420), Salem, OR 97301
List Price
$425,000
Sale to List
1% under list
Days on Market
172 days
156 Front St Unit (420), Salem, OR 97301
SOLD OCT 10, 2024
$335,000 Last Sold Price
1 bed
1 bath
902 sq ft
295 Church (apt 408) St SE, Salem, OR 97301
List Price
$338,900
Sale to List
1% under list
Days on Market
176 days
295 Church (apt 408) St SE, Salem, OR 97301
SOLD SEP 27, 2024
$260,000 Last Sold Price
2 beds
2 baths
946 sq ft
777 Cottage St NE Unit D, Salem, OR 97301
List Price
$250,000
Sale to List
4% over list
Days on Market
37 days
777 Cottage St NE Unit D, Salem, OR 97301

Schools in Central Area

Learn about schools in the Central Area area

Elementary
Middle
High

GreatSchools Rating

7/10 Grant Community School Public • K-5	379 Students	5 reviews
5/10 Bush Elementary School Public • K-5	258 Students	N/A
NR Oregon School For the Blind Public • PreK-12	- Students	2 reviews

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.

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Central Area

Learn about the walkability, bikeability, and transit-friendliness of Central Area

80 / 100

Very Walkable

Walk Score®

56 / 100

Good Transit

Transit Score®

85 / 100

Very Bikeable

Bike Score®

More real estate resources for Central Area

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