average house price in salem oregon

Review Of Average House Price In Salem Oregon Ideas. The overall cost of living in oregon is 113. Family of four estimated monthly costs are 3,183.64$ without rent (using our estimator).

Northeast Salem neighborhood in Salem, Oregon (OR), 97301, 97305
Northeast Salem neighborhood in Salem, Oregon (OR), 97301, 97305 from www.city-data.com

If youre looking for other great deals, check out the listings from south central salem ($1,254), southwest salem ($1,254), and keizer ($1,282), where the asking prices are below the average. Graph and download economic data for housing inventory: The median home cost in salem is $354,500.

Graph And Download Economic Data For Housing Inventory:


We have done a little research to find the average cost of home construction in salem. The overall cost of living in oregon is 113. Demands for a living wage that is fair to workers.

$209 Per Square Foot 2037 Audubon Ave.


Homes in salem receive 3 offers on average and sell in around 38 days. If youre looking for other great deals, check out the listings from south central salem ($1,254), southwest salem ($1,254), and keizer ($1,282), where the asking prices are below the average. According to the real estate information website zillow, the median home value for the state of oregon rose to $509,539 in may 2022.

On The Overall Cost Of Living Index, Salem Is 101.8, Lower Than The State Average Of 113.1.


Homes for sale in salem, or have a median listing home price of $439,900. The median home value in salem, oregon, is. The salem housing market is somewhat competitive.

+12.4% (Data Through August 31, 2022)


This is a 7% increase compared to the previous year. However, salem is still higher than the us average of 100. At a cost of living of 101.8, salem is quite a bit less expensive than portland, which.

65 Rows Summary About Cost Of Living In Salem, Or, United States:


The federal minimum wage is $7.25 per hour while oregon's state law sets the minimum wage rate at $13.5 per hour in 2022. Oregon $512k +7.5% top 10 metros in oregon with the fastest growing sales price cornelius, or 35.4% damascus, or 23.8% corvallis, or 20.0% redmond, or 18.6% canby, or 17.5%. Home appreciation in salem is up 19.9%.

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