The Southeast Salem housing market is somewhat competitive. The median sale price of a home in Southeast Salem was $374K last month, up 21.1% since last year. The median sale price per square foot in Southeast Salem is $217, down 17.2% since last year.
What is the housing market like in Southeast Salem today?
In February 2025, Southeast Salem home prices were up 21.1% compared to last year, selling for a median price of $374K. On average, homes in Southeast Salem sell after 35 days on the market compared to 62 days last year. There were 12 homes sold in February this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$374,350
+21.1% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Southeast Salem, OR
$374,350
+21.1%
United States
To compare other locations to the Southeast 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 Southeast 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 Southeast Salem housing market?
Southeast Salem is somewhat competitive. Homes sell in 38.5 days.
0
100
64
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 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 19 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 Southeast Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southeast Salem.
Flood Factor - Moderate
82% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southeast Salem has a moderate risk of flooding. 1,496 properties in Southeast Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 82% of all properties in Southeast Salem. Flood risk is increasing slower than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southeast Salem has a moderate risk of wildfire. There are 966 properties in Southeast Salem that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in Southeast Salem.
Southeast Salem has minimal risk of severe winds over the next 30 years
Wind Factor
Southeast 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.