Salem, OR Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Salem, OR.
Average buy price
$269.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.61 / sqft / month
Monthly rent per square foot.
Median home price
$421,633
Estimated median residential sale price.
Median monthly rent
$1,599
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 15.5% over the last 5 years.
Rent price development
Rent prices have increased by about 6.3% over the last 5 years.
Submitted values in Salem
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-05 | Buy | duplex | $259.00 / sqft | 2,055 sqft | $532,245 | South Central 97302 |
| 2026-07-01 | Buy | condo | $271.00 / sqft | 875 sqft | $237,125 | Downtown Salem 97301 |
| 2026-06-28 | Buy | multi-family home | $221.00 / sqft | 3,480 sqft | $769,080 | Southeast Mill Creek 97317 |
| 2026-06-27 | Rent | townhouse | $1.62 / sqft | 1,545 sqft | $2,503 | Sunnyslope 97302 |
| 2026-06-26 | Buy | townhouse | $257.00 / sqft | 1,435 sqft | $368,795 | South Gateway 97306 |
| 2026-06-23 | Buy | townhouse | $276.00 / sqft | 1,510 sqft | $416,760 | Faye Wright 97302 |
| 2026-06-23 | Buy | townhouse | $264.00 / sqft | 1,325 sqft | $349,800 | Edgewater 97304 |
| 2026-06-22 | Buy | single-family home | $315.00 / sqft | 2,830 sqft | $891,450 | Fairmount Hill 97302 |
| 2026-06-22 | Buy | single-family home | $289.00 / sqft | 2,110 sqft | $609,790 | Morningside 97302 |
| 2026-06-20 | Buy | single-family home | $295.00 / sqft | 2,260 sqft | $666,700 | Sunnyside 97306 |
| 2026-06-18 | Rent | apartment | $1.58 / sqft | 1,040 sqft | $1,643 | Northgate 97305 |
| 2026-06-15 | Rent | apartment | $2.28 / sqft | 540 sqft | $1,231 | Riverfront-Downtown 97301 |
| 2026-06-13 | Rent | single-family home | $1.33 / sqft | 2,140 sqft | $2,846 | West Salem 97304 |
| 2026-06-12 | Buy | condo | $241.00 / sqft | 1,215 sqft | $292,815 | Northgate 97305 |
| 2026-06-10 | Buy | condo | $258.00 / sqft | 980 sqft | $252,840 | Morningside 97302 |
| 2026-06-08 | Rent | condo | $1.91 / sqft | 910 sqft | $1,738 | South Central 97302 |
| 2026-06-05 | Buy | single-family home | $249.00 / sqft | 1,725 sqft | $429,525 | Four Corners 97317 |
| 2026-06-02 | Rent | apartment | $1.69 / sqft | 930 sqft | $1,572 | North Lancaster 97305 |
| 2026-05-31 | Buy | single-family home | $304.00 / sqft | 2,415 sqft | $734,160 | Battle Creek 97306 |
| 2026-05-31 | Rent | apartment | $2.04 / sqft | 610 sqft | $1,244 | Grant 97301 |
| 2026-05-31 | Buy | duplex | $238.00 / sqft | 2,140 sqft | $509,320 | North Lancaster 97305 |
| 2026-05-30 | Rent | condo | $1.84 / sqft | 1,015 sqft | $1,868 | Faye Wright 97302 |
| 2026-05-29 | Rent | luxury apartment | $2.22 / sqft | 985 sqft | $2,187 | Riverfront-Downtown 97301 |
| 2026-05-26 | Buy | single-family home | $266.00 / sqft | 1,545 sqft | $410,970 | Northeast Salem 97301 |
| 2026-05-25 | Buy | single-family home | $268.00 / sqft | 1,890 sqft | $506,520 | Edgewater 97304 |
| 2026-05-25 | Buy | single-family home | $302.00 / sqft | 2,585 sqft | $780,670 | Croisan-Illahe 97302 |
| 2026-05-22 | Rent | single-family home | $1.45 / sqft | 1,895 sqft | $2,748 | South Gateway 97306 |
| 2026-05-19 | Buy | condo | $245.00 / sqft | 1,120 sqft | $274,400 | Glen Creek 97304 |
| 2026-05-12 | Rent | single-family home | $1.41 / sqft | 2,360 sqft | $3,328 | Croisan-Illahe 97302 |
| 2026-05-12 | Buy | single-family home | $286.00 / sqft | 1,885 sqft | $539,110 | Candalaria 97302 |
| 2026-05-11 | Rent | single-family home | $1.38 / sqft | 1,740 sqft | $2,401 | Four Corners 97317 |
| 2026-05-09 | Rent | loft | $2.42 / sqft | 590 sqft | $1,428 | Downtown Salem 97301 |
| 2026-05-08 | Buy | duplex | $247.00 / sqft | 2,325 sqft | $574,275 | Highland 97301 |
| 2026-05-07 | Rent | duplex | $1.54 / sqft | 1,180 sqft | $1,817 | Hayesville 97305 |
| 2026-05-06 | Rent | townhouse | $1.56 / sqft | 1,640 sqft | $2,558 | Sunnyside 97306 |
| 2026-05-04 | Buy | single-family home | $272.00 / sqft | 1,460 sqft | $397,120 | Grant 97301 |
| 2026-05-03 | Rent | luxury apartment | $2.18 / sqft | 1,165 sqft | $2,540 | Candalaria 97302 |
| 2026-05-03 | Rent | apartment | $2.10 / sqft | 720 sqft | $1,512 | Downtown Salem 97301 |
| 2026-05-02 | Rent | apartment | $1.86 / sqft | 775 sqft | $1,442 | Orchard Heights 97304 |
| 2026-04-28 | Buy | single-family home | $293.00 / sqft | 2,185 sqft | $640,205 | Sunnyslope 97302 |
| 2026-04-27 | Buy | single-family home | $279.00 / sqft | 1,975 sqft | $551,025 | West Salem Hills 97304 |
| 2026-04-27 | Rent | duplex | $1.49 / sqft | 1,260 sqft | $1,877 | Morningside 97302 |
| 2026-04-21 | Rent | multi-family home | $1.28 / sqft | 2,210 sqft | $2,829 | Four Corners 97317 |
| 2026-04-21 | Buy | multi-family home | $213.00 / sqft | 4,020 sqft | $856,260 | Northgate 97305 |
| 2026-04-21 | Rent | condo | $1.76 / sqft | 1,095 sqft | $1,927 | Glen Creek 97304 |
| 2026-04-20 | Rent | apartment | $1.73 / sqft | 845 sqft | $1,462 | Lansing 97301 |
| 2026-04-19 | Rent | loft | $2.35 / sqft | 655 sqft | $1,539 | Downtown Salem 97301 |
| 2026-04-15 | Rent | duplex | $1.46 / sqft | 1,395 sqft | $2,037 | Southeast Mill Creek 97317 |
| 2026-04-15 | Buy | single-family home | $253.00 / sqft | 1,675 sqft | $423,775 | Hayesville 97305 |
| 2026-04-07 | Rent | townhouse | $1.67 / sqft | 1,365 sqft | $2,280 | West Salem 97304 |
| 2025-11-01 | Rent | townhouse | $1.52 / sqft / month | 1,460 sqft | $2,219 | Edgewater 97304 |
| 2025-05-09 | Buy | single-family home | $268.00 / sqft | 1,840 sqft | $493,120 | Sunnyside 97306 |
| 2024-09-01 | Rent | luxury apartment | $1.82 / sqft / month | 910 sqft | $1,656 | Morningside 97302 |
| 2024-04-22 | Buy | condo | $251.00 / sqft | 1,125 sqft | $282,375 | Lansing 97301 |
| 2023-10-01 | Rent | duplex | $1.37 / sqft / month | 1,350 sqft | $1,850 | West Salem 97304 |
| 2023-06-16 | Buy | single-family home | $263.00 / sqft | 2,310 sqft | $607,530 | Croisan-Illahe 97302 |
| 2022-08-01 | Rent | apartment | $1.54 / sqft / month | 790 sqft | $1,217 | Northgate 97305 |
| 2022-05-24 | Buy | single-family home | $255.00 / sqft | 1,760 sqft | $448,800 | Sunnyslope 97302 |
| 2021-12-01 | Rent | condo | $1.43 / sqft / month | 1,030 sqft | $1,473 | Downtown Salem 97301 |
| 2021-07-08 | Buy | townhouse | $232.00 / sqft | 1,480 sqft | $343,360 | Glen Creek 97304 |
| 2020-09-01 | Rent | single-family home | $1.18 / sqft / month | 1,785 sqft | $2,106 | South Gateway 97306 |
| 2020-05-15 | Buy | single-family home | $214.00 / sqft | 1,910 sqft | $408,740 | Candalaria 97302 |
| 2019-11-01 | Rent | apartment | $1.31 / sqft / month | 820 sqft | $1,074 | South Central 97302 |
| 2019-06-12 | Buy | duplex | $204.00 / sqft | 2,120 sqft | $432,480 | Four Corners 97317 |
| 2018-08-01 | Rent | townhouse | $1.22 / sqft / month | 1,320 sqft | $1,610 | West Salem 97304 |
| 2018-04-30 | Buy | single-family home | $197.00 / sqft | 1,695 sqft | $333,915 | Highland 97301 |
| 2017-10-01 | Rent | duplex | $1.08 / sqft / month | 1,245 sqft | $1,345 | Hayesville 97305 |
| 2017-07-18 | Buy | condo | $184.00 / sqft | 1,080 sqft | $198,720 | Morningside 97302 |
| 2016-12-01 | Rent | apartment | $1.19 / sqft / month | 760 sqft | $904 | Grant 97301 |
| 2016-05-26 | Buy | single-family home | $171.00 / sqft | 1,825 sqft | $312,075 | Sunnyside 97306 |
| 2015-09-01 | Rent | single-family home | $1.02 / sqft / month | 1,660 sqft | $1,693 | Faye Wright 97302 |
| 2015-06-04 | Buy | townhouse | $158.00 / sqft | 1,375 sqft | $217,250 | Edgewater 97304 |
| 2014-10-01 | Rent | condo | $1.11 / sqft / month | 970 sqft | $1,077 | Downtown Salem 97301 |
| 2014-04-14 | Buy | single-family home | $149.00 / sqft | 2,100 sqft | $312,900 | Croisan-Illahe 97302 |
| 2013-08-01 | Rent | apartment | $1.05 / sqft / month | 850 sqft | $893 | Glen Creek 97304 |
| 2013-06-20 | Buy | single-family home | $138.00 / sqft | 1,640 sqft | $226,320 | Sunnyslope 97302 |
| 2012-11-01 | Rent | townhouse | $0.94 / sqft / month | 1,290 sqft | $1,213 | South Gateway 97306 |
| 2012-07-02 | Buy | duplex | $126.00 / sqft | 1,980 sqft | $249,480 | West Salem 97304 |
| 2011-09-01 | Rent | apartment | $1.02 / sqft / month | 705 sqft | $719 | Lansing 97301 |
| 2011-05-23 | Buy | single-family home | $119.00 / sqft | 1,505 sqft | $179,095 | North Lancaster 97305 |
| 2010-10-01 | Rent | single-family home | $0.82 / sqft / month | 1,825 sqft | $1,497 | Southeast Mill Creek 97317 |
| 2010-06-11 | Buy | condo | $116.00 / sqft | 1,010 sqft | $117,160 | Candalaria 97302 |
| 2009-08-01 | Rent | duplex | $0.87 / sqft / month | 1,230 sqft | $1,070 | Morningside 97302 |
| 2009-04-17 | Buy | single-family home | $122.00 / sqft | 1,730 sqft | $211,060 | Highland 97301 |
| 2008-12-01 | Rent | apartment | $0.98 / sqft / month | 815 sqft | $799 | Hayesville 97305 |
| 2008-05-28 | Buy | townhouse | $137.00 / sqft | 1,415 sqft | $193,855 | Edgewater 97304 |
| 2007-09-01 | Rent | condo | $0.96 / sqft / month | 940 sqft | $902 | Downtown Salem 97301 |
| 2007-06-06 | Buy | single-family home | $151.00 / sqft | 1,595 sqft | $240,845 | Faye Wright 97302 |
| 2006-11-01 | Rent | single-family home | $0.81 / sqft / month | 1,710 sqft | $1,385 | West Salem 97304 |
| 2006-05-19 | Buy | single-family home | $146.00 / sqft | 2,240 sqft | $327,040 | Sunnyside 97306 |
| 2005-10-01 | Rent | apartment | $0.93 / sqft / month | 720 sqft | $670 | South Central 97302 |
| 2005-07-13 | Buy | duplex | $127.00 / sqft | 2,050 sqft | $260,350 | Four Corners 97317 |
| 2004-08-01 | Rent | townhouse | $0.88 / sqft / month | 1,180 sqft | $1,038 | Grant 97301 |
| 2004-04-21 | Buy | single-family home | $132.00 / sqft | 1,880 sqft | $248,160 | Candalaria 97302 |
| 2003-12-01 | Rent | single-family home | $0.72 / sqft / month | 1,625 sqft | $1,170 | Northgate 97305 |
| 2003-05-08 | Buy | condo | $123.00 / sqft | 1,045 sqft | $128,535 | Downtown Salem 97301 |
| 2002-09-01 | Rent | apartment | $0.86 / sqft / month | 760 sqft | $654 | Glen Creek 97304 |
| 2002-06-24 | Buy | single-family home | $116.00 / sqft | 1,690 sqft | $196,040 | Sunnyslope 97302 |
| 2001-08-01 | Rent | duplex | $0.75 / sqft / month | 1,120 sqft | $840 | South Gateway 97306 |
| 2001-03-16 | Buy | townhouse | $109.00 / sqft | 1,325 sqft | $144,425 | West Salem 97304 |
| 2000-10-01 | Rent | apartment | $0.82 / sqft / month | 690 sqft | $566 | Lansing 97301 |
| 2000-05-30 | Buy | single-family home | $101.00 / sqft | 1,440 sqft | $145,440 | Southeast Mill Creek 97317 |
| 1999-07-01 | Rent | condo | $0.78 / sqft / month | 890 sqft | $694 | Morningside 97302 |
| 1999-04-09 | Buy | single-family home | $94.00 / sqft | 2,015 sqft | $189,410 | Croisan-Illahe 97302 |
| 1998-11-01 | Rent | single-family home | $0.61 / sqft / month | 1,540 sqft | $939 | Faye Wright 97302 |
| 1998-06-18 | Buy | duplex | $76.00 / sqft | 1,880 sqft | $142,880 | Hayesville 97305 |
| 1997-09-01 | Rent | apartment | $0.73 / sqft / month | 780 sqft | $569 | Northeast Salem 97301 |
| 1997-05-27 | Buy | single-family home | $88.00 / sqft | 1,510 sqft | $132,880 | Highland 97301 |
| 1996-12-01 | Rent | townhouse | $0.71 / sqft / month | 1,050 sqft | $746 | Edgewater 97304 |
| 1996-03-12 | Buy | condo | $85.00 / sqft | 960 sqft | $81,600 | Candalaria 97302 |
| 1995-10-01 | Rent | single-family home | $0.54 / sqft / month | 1,380 sqft | $745 | Four Corners 97317 |
| 1995-07-19 | Buy | single-family home | $82.00 / sqft | 1,785 sqft | $146,370 | Sunnyside 97306 |
| 1994-08-01 | Rent | apartment | $0.66 / sqft / month | 640 sqft | $422 | South Central 97302 |
| 1994-05-10 | Buy | townhouse | $78.00 / sqft | 1,240 sqft | $96,720 | West Salem 97304 |
| 1993-11-01 | Rent | duplex | $0.58 / sqft / month | 980 sqft | $568 | North Lancaster 97305 |
| 1993-06-22 | Buy | single-family home | $73.00 / sqft | 1,620 sqft | $118,260 | Morningside 97302 |
| 1992-09-01 | Rent | apartment | $0.62 / sqft / month | 725 sqft | $450 | Downtown Salem 97301 |
| 1992-04-15 | Buy | single-family home | $68.00 / sqft | 1,350 sqft | $91,800 | Grant 97301 |
Housing market overview for Salem, OR
The real estate market in Salem, OR can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $269.00 / sqft and an average rent of $1.61 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Salem?
The average residential buy price in Salem, OR is $269.00 / sqft based on the current values available on this page.
How much is rent per square foot in Salem?
The average rental price in Salem, OR is $1.61 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Salem increasing?
Buy prices have increased by about 15.5% over the last 5 years. Rent prices have increased by about 6.3% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.