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Homes Under $500K in Salem, OR
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3 bedsNew constructionWith a pool

Homes Under $500K in Salem, OR

Homes Under $500K in Salem, OR

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24 of 541 Listings
Map

Homes Under $500K in Salem, OR

24 of 541 Listings

Your local brokerage

JJ

Jeffrey J Jonas

L. Custen Realty dba Realty.com

Lic. #200709170

Call Jeffrey
  1. 1775 Grant St — photoNew25Active

    $339,900

    2 bd · 1 ba · 1,227 sqft

    1775 Grant St, Salem, OR

  2. 3100 Turner Rd SE Unit 616 — photoNew39Active

    $170,000

    2 bd · 2 ba · 1,080 sqft

    3100 Turner Rd SE Unit 616, Salem, OR

    Nicole Rodriguez · Lovejoy Real Estate

  3. 3100 Turner Rd — photoNew39Active

    $170,000

    2 bd · 2 ba · 1,080 sqft

    3100 Turner Rd, Salem, OR

  4. 5728 Moonstone Loop — photoNew28Active

    $450,000

    3 bd · 1 ba · 1,552 sqft

    5728 Moonstone Loop, Salem, OR

    Suzie Miller · John L. Scott Salem

  5. 1168 15th St — photoNew49Active

    $455,000

    3 bd · 3 ba · 2,672 sqft

    1168 15th St, Salem, OR

  6. 1481 Scotch Ct — photoNew50Active

    $479,900

    3 bd · 2 ba · 1,715 sqft

    1481 Scotch Ct, Salem, OR

  7. 1746 Sunburst Ter — photoNew42Active

    $450,000

    2 bd · 2 ba · 2,094 sqft

    1746 Sunburst Ter, Salem, OR

  8. 1001 Murlark Av — photoNew40Active

    $445,000

    4 bd · 2 ba · 1,560 sqft

    1001 Murlark Av, Salem, OR

  9. 1746 NW Sunburst Ter — photoNew42Active

    $450,000

    2 bd · 2 ba · 2,094 sqft

    1746 NW Sunburst Ter, Salem, OR

    Megan Torres · eXp Realty, LLC

  10. 5782 Landon St SE St — photoPrice Reduced12Active

    $499,960

    3 bd · 3 ba · 2,184 sqft

    5782 Landon St SE St, Salem, OR

  11. 3393 Pioneer Dr — photo1Active

    $439,900

    3 bd · 2 ba · 1,505 sqft

    3393 Pioneer Dr, Salem, OR

  12. 4737 Conrad St NE — photo34Active

    $415,000

    3 bd · 2 ba · 1,366 sqft

    4737 Conrad St NE, Salem, OR

    Kimberly Archuleta · John L. Scott Portland South

  13. 5728 Moonstone Lp — photo28Active

    $450,000

    3 bd · 2 ba · 1,552 sqft

    5728 Moonstone Lp, Salem, OR

  14. 1026 Royalty Dr — photo44Active

    $329,900

    3 bd · 1 ba · 1,170 sqft

    1026 Royalty Dr, Salem, OR

  15. 4737 Conrad St — photo32Active

    $415,000

    3 bd · 2 ba · 1,366 sqft

    4737 Conrad St, Salem, OR

  16. 4318 Essex St SE — photoPrice Reduced45Active

    $65,000

    2 bd · 2 ba · 1,494 sqft

    4318 Essex St SE, Salem, OR

    Debbie Dailey · Realty One Group Willamette Valley

  17. 4964 Elvis Av — photo33Active

    $489,995

    4 bd · 3 ba · 2,332 sqft

    4964 Elvis Av, Salem, OR

  18. 4964 Elvis Ave NE — photo33Active

    $489,995

    4 bd · 3 ba · 2,335 sqft

    4964 Elvis Ave NE, Salem, OR

    Heather Quirke · D. R. Horton, Inc Portland

  19. 1905 Spicetree Ln — photoPrice Reduced50Active

    $417,500

    3 bd · 3 ba · 2,284 sqft

    1905 Spicetree Ln, Salem, OR

  20. 1905 Spicetree Ln — photo50Active

    $417,500

    3 bd · 3 ba · 2,284 sqft

    1905 Spicetree Ln, Salem, OR

  21. 768 Browning Ave S — photo35Active

    $399,900

    2 bd · 1 ba · 1,005 sqft

    768 Browning Ave S, Salem, OR

    Erin Shaw · HomeStar Brokers

  22. 1748 Bellevue St — photo4Active

    $315,000

    3 bd · 2 ba · 974 sqft

    1748 Bellevue St, Salem, OR

  23. 467 Pietro St — photo18Active

    $414,995

    4 bd · 3 ba · 1,497 sqft

    467 Pietro St, Salem, OR

  24. 444 Reno St — photo32Active

    $474,995

    4 bd · 3 ba · 1,880 sqft

    444 Reno St, Salem, OR

12…23

About Homes Under $500K in Salem, OR

Homes Under $500K in Salem, OR: 541 active listings as of October 18, 2026, 23:15 UTC.

Property types among these 541 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property typeListingsShare
Single Family Residence38070.2%
Condominium427.8%
ManufacturedHomeinPark213.9%
Attached81.5%
Manufactured Home81.5%

Explore Salem homes

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Realty.com

L. Custen Realty, Inc. d/b/a Realty.com/L. Custen Realty CT, LLC d/b/a Realty.com (Tom O’Leary-Broker)(CT properties only), 8323 Southwest Freeway, Suite 900, Houston, Texas 77074

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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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Listing data & MLS disclosures

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: 2026-10-18 07:13:45 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, 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

    • Homes Under $300K
    • Homes Under $400K
    • Homes Under $500K
    • Homes Under $600K
    • Homes Under $700K
    • Homes Under $800K
    • Homes Under $900K
    • Luxury Homes

    By bedrooms

    • 2 Bedroom Homes
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    By type

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    By feature

    • New Construction Homes
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    Your local brokerage

    JJ

    Jeffrey J Jonas

    L. Custen Realty dba Realty.com

    Lic. #200709170

    Call Jeffrey

    Salem housing market

    September 2026

    Salem 12-month median sale price trend

    Selling at 100.0% of asking price

    Sales here are closing essentially at asking. MLS · 247 sales · as of Sep 30, 2026

    Homes that sold · County records, as of Sep 30, 2026

    Median sale price
    $425,000$355,000–$547,725 typical range
    Price per sq. ft.
    $254
    Sales
    221
    Paid in cash
    24.4%

    Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

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

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

    Year-over-year
    -3.4%

    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.