Homes Under $400K in Salem, OR

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MLS of Central Oregon: ©2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Realty.com Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2026-09-30 16:47:20 UTC
Regional Multiple Listing Service (RMLS): IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing information ©2026 RMLS™ of Portland, Oregon.Inc®. All Rights Reserved. Last Updated: 2026-09-30 21:29:52 UTC
Willamette Valley MLS: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Salem housing market

September 2026 · This period is still settling

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 189 sales · as of Sep 29, 2026

Homes that sold · County records, as of Sep 17, 2026

Median sale price: $406,900$343,750–$511,000 typical range
Price per sq. ft.: $257
Sales: 80
Paid in cash: 28.8%

Homes on the market · MLS, as of Sep 27, 2026–Sep 29, 2026

Median list price: $499,900
Homes for sale: 1,133
Median days on market: 46 days

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: -7.5%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 2, 2026

Median home size: 1,679 sq. ft.

Salem, OR community profile

Population: 180,030
Median income: $68,617
Housing units: 71,648
People per sq. mi.: 695.4
Area: 258.9 sq. mi.

Source: HJN community data

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Salem housing market

Homes that sold · County records, as of Sep 17, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 29, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 2, 2026

Salem, OR community profile

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Listing data & MLS disclosures

Salem, OR community profile

Salem housing market

Homes that sold · County records, as of Sep 17, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 29, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 2, 2026