The median sale price of a home in South Salem was $498K last month, down 1.5% since last year. The median sale price per square foot in South Salem is $323, up 34.6% since last year.
What is the housing market like in South Salem today?
In October 2024, South Salem home prices were down 1.5% compared to last year, selling for a median price of $498K. On average, homes in South Salem sell after 49 days on the market compared to 45 days last year. There were 20 homes sold in October this year, down from 31 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$497,500
-1.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
South Salem, OR
$497,500
-1.5%
United States
To compare other locations to the South 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.
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.4%
+2.6 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 South Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Salem.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Salem has a minor risk of flooding. 87 properties in South Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in South Salem. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Salem has a moderate risk of wildfire. There are 2,502 properties in South Salem that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in South Salem.
South Salem has minimal risk of severe winds over the next 30 years
Wind Factor
South 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.