Last updated November 4, 2026
The median home price in South Salem is $559,900, down 2.6% year-over-year. Median price per square foot is up 0.8% at $381/sq. ft. Homes are selling in 47 days on average, compared to 36 days last year. As of November 4, 2026, there are 38 active listings on the market, with 8 new listings in the last 7 days.
Median home price
$559K
2.6% YoY
YoY price change
-2.6%
-$15,100
Days on market
47
+11 days YoY
Active homes
38
2.7% YoY
$559,900
38
$381
47 days
1,791 sqft
| Neighborhood | Median price | YoY change | $/Sqft | Days on market | Active homes |
|---|---|---|---|---|---|
| South Salem | $559,900 | -2.6% | $381 | 47 | 38 |
| Bakers Island | $575,000 | — | $260 | 34 | 1 |
| Downtown Salem | $492,499 | -14.9% | $455 | 45 | 10 |
| Federal Street | $649,000 | +22.5% | $395 | 80 | 5 |
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Salem School District has 3 high schools, 2 middle schools, and 6 elementary schools. It has an overall average GreatSchools rating of 4/10.