The West Salem housing market is somewhat competitive. Homes in West Salem receive 1 offers on average and sell in around 69 days. The median sale price of a home in West Salem was $447K last month, down 4.3% since last year. The median sale price per square foot in West Salem is $252, up 2.0% since last year.
What is the housing market like in West Salem today?
In April 2024, West Salem home prices were down 4.3% compared to last year, selling for a median price of $447K. On average, homes in West Salem sell after 69 days on the market compared to 72 days last year. There were 66 homes sold in April this year, down from 90 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$447,450
-4.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
West Salem, OR
$447,450
-4.3%
United States
To compare other locations to the West Salem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salem add value to a home.
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How hot is the West Salem housing market?
West Salem is somewhat competitive. Homes sell in 60.5 days.
0
100
44
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 61 days.
Hot homes
can sell for about 1% above list price and go pending in around 25 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.4%
+0.1 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
West Salem, OR
99.4%
+0.1 pt
United States
Home offer insights for West Salem
Explore recent offers and recently sold homes in West Salem
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on West Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in West Salem.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
West Salem has a major risk of flooding. 988 properties in West Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in West Salem. Flood risk is increasing slower than the national average.
78% of properties are at risk of wildfire over the next 30 years
Fire Factor
West Salem has a moderate risk of wildfire. There are 8,147 properties in West Salem that have some risk of being affected by wildfire over the next 30 years. This represents 78% of all properties in West Salem.