The Northeast Salem housing market is somewhat competitive. The median sale price of a home in Northeast Salem was $378K last month, down 3.1% since last year. The median sale price per square foot in Northeast Salem is $186, down 15.5% since last year.
What is the housing market like in Northeast Salem today?
In October 2024, Northeast Salem home prices were down 3.1% compared to last year, selling for a median price of $378K. On average, homes in Northeast Salem sell after 62 days on the market compared to 68 days last year. There were 9 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$378,000
-3.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Northeast Salem, OR
$378,000
-3.1%
United States
To compare other locations to the Northeast Salem 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Northeast Salem
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Northeast Salem housing market?
Northeast Salem is somewhat competitive. Homes sell in 62.5 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 63 days.
Hot homes
can sell for about 2% above list price and go pending in around 25 days.
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 Northeast Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northeast Salem.
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northeast Salem has a minor risk of flooding. 1 properties in Northeast Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Northeast Salem. Flood risk is increasing faster than the national average.
Northeast Salem has minimal risk of severe winds over the next 30 years
Wind Factor
Northeast Salem has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.