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Downtown Salem Homes for Sale

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  • 295 Church (#406) St SE, Salem, OR 97301
    295 Church (#406) St SE, Salem, OR 97301
    295 Church (#406) St SE, Salem, OR 97301
    /23

    $339,900

    • 1 Bed
    • 1 Bath
    • 894 Sq Ft

    295 Church (#406) St SE, Salem, OR 97301

    Ultimate urban living in downtown Salem in this 4th floor condo. Easy walk to coffee, shopping, parks, downtown entertainment, Willamette U, Salem Hospital & more. Open concept living space with bamboo floors, covered patio & floor to ceiling windows for great city and sunset views. Kitchen features granite counters, ALL NEW SS APPLIANCES as well as new interior PAINT and WATER HEATER. Includes

    Agent Photo

    Sarah Walsh

    RE/MAX INTEGRITY - SALEM

    (971) 385-8179

    295 Church (#406) St SE, Salem, OR 97301
  • 445 Mission St SE, Salem, OR 97302
    445 Mission St SE, Salem, OR 97302
    445 Mission St SE, Salem, OR 97302
    /30

    $400,000

    • 3 Beds
    • 2 Baths
    • 1,571 Sq Ft

    445 Mission St SE, Salem, OR 97302

    Charming 1957 home. 3 bed, 2 bath ranch just minutes from Salem Hospital, Bush Park & downtown! Enjoy new carpet, gleaming hardwoods, updated appliances, PEX plumbing, and a 2023 roof. The cedar-fenced yard is perfect for pets or backyard hangouts. With 1,500+ sq ft and dual living potential, it’s a smart pick for hospital staff, investors, or first-time buyers. Prime location and move-in

    Jodie Dodge JOHN L. SCOTT-SALEM

    445 Mission St SE, Salem, OR 97302
  • 595 Leslie St SE, Salem, OR 97301
    595 Leslie St SE, Salem, OR 97301
    595 Leslie St SE, Salem, OR 97301
    /49

    $800,000

    • 3 Beds
    • 3.5 Baths
    • 2,700 Sq Ft

    595 Leslie St SE, Salem, OR 97301

    Charming home in Salem’s historic Gaiety Hill, just steps from Bush Park, Willamette University, Salem Health, and downtown. Beautifully updated with remodeled kitchen & bath, open-concept living, gallery lighting, media room, bonus/4th bdrm/gym newer roof & HVAC. Private backyard with firepit, automated irrigation, raised garden beds, garage/studio w/mini-split system. A rare opportunity to own

    ZACH FISCHER WINDERMERE MID VALLEY

    595 Leslie St SE, Salem, OR 97301
  • 295 Church St SE Unit 407 St SE, Salem, OR 97301
    295 Church St SE Unit 407 St SE, Salem, OR 97301
    295 Church St SE Unit 407 St SE, Salem, OR 97301
    /31

    $350,000

    • 1 Bed
    • 1 Bath
    • 907 Sq Ft

    295 Church St SE Unit 407 St SE, Salem, OR 97301

    Experience the best of urban living in this 4th-floor condo in downtown Salem. Just a short walk to coffee shops, shopping, parks, downtown entertainment, Willamette University, Salem Hospital, and more. The open-concept living space features bamboo floors, a covered patio, and floor-to-ceiling windows that offer stunning city and sunset views. The kitchen is equipped with granite countertops and

    BARB NORRIS REDFIN

    295 Church St SE Unit 407 St SE, Salem, OR 97301
  • 295 Church St SE, Salem, OR 97301
    295 Church St SE, Salem, OR 97301
    295 Church St SE, Salem, OR 97301
    /22

    $344,900

    • 1 Bed
    • 1 Bath
    • 894 Sq Ft

    295 Church St SE, Salem, OR 97301

    Ultimate urban living in downtown Salem in this 4th floor condo. Easy walk to coffee, shopping, parks, downtown entertainment, Willamette U, Salem Hospital & more. Open concept living space with bamboo floors, covered patio & floor to ceiling windows for great city and sunset views. Kitchen features granite counters, ALL NEW SS APPLIANCES as well as new interior PAINT and WATER HEATER. Includes

    Eric Fiskum RE/MAX Integrity

    295 Church St SE, Salem, OR 97301
  • 471 High St SE, Salem, OR 97301
    471 High St SE, Salem, OR 97301
    471 High St SE, Salem, OR 97301
    /4

    $415,000

    • 1 Bed
    • 1.5 Baths
    • 960 Sq Ft

    471 High St SE, Salem, OR 97301

    Beautiful one bedroom condo with loft. 960 square feet. One and 1/2 bathrooms Walk in closet. Vaulted ceilings. In the heart of downtown. Secured access via elevator. Single car garage. Owner will also consider leasing unit. A great opportunity to live in downtown core with all amenities adjacent in Pringle Parkade. Restaurant, Gym, Daycare, Post Office, etc.

    Elaine Gesik 1ST PREMIER PROPERTIES LLC

    471 High St SE, Salem, OR 97301
  • 145 Liberty St NE, Salem, OR 97301
    145 Liberty St NE, Salem, OR 97301
    145 Liberty St NE, Salem, OR 97301
    /20

    $4,200,000

    • 21,900 Sq Ft

    145 Liberty St NE, Salem, OR 97301

    Historic Bishop Building in Downtown Salem. Mixed use Apartments and Retail. Arguably the most high-end apartment's in downtown area. Each 2 Bed apartment is a town home and current rents range from $1,700-$2,250/ month and six units have $125 rent increases in March. Quality retail tenants and long term leases. Vacant basement provides additional upside. Please Do Not Disturb Tenants.

    Glenna Cooke GA Cooke Real Estate Services

    145 Liberty St NE, Salem, OR 97301
  • 1230 Chemeketa St NE Unit 1248, Salem, OR 97301
    1230 Chemeketa St NE Unit 1248, Salem, OR 97301
    /2

    $1,290,000

    • 10 Beds
    • 10 Baths
    • 4,752 Sq Ft

    1230 Chemeketa St NE Unit 1248, Salem, OR 97301

    Well maintained 10 unit MF cottages, currently achieving 42.6% of market rents. One unit currently vacant for tours. For additional due diligence information please contact listing agent.

    Nick Williams, CCIM SVN COMMERCIAL ADVISORS, LLC

    1230 Chemeketa St NE Unit 1248, Salem, OR 97301
Oregon Salem Downtown Salem

Real Estate & Homes for Sale in Downtown Salem, Salem

About Downtown Salem

Downtown Salem is a bustling neighborhood with a mix of commercial spaces, state government offices, and residential areas. Housing options include single-family homes, primarily Cape Cods, cottages, and Craftsman styles on tree-lined streets, as well as high-rise condos with city views and private parking. The neighborhood is known for its ample green spaces, such as Riverfront Park, which features an amphitheater, walking paths, playgrounds, and the Salem's Riverfront Carousel. The Gilbert House Children's Museum and the expansive Minto-Brown Island Park, connected by the Peter Courtney Minto Island Bridge, offer additional recreational opportunities. State Capitol State Park provides a serene setting with fountains and historical markers. Dining options range from fine dining at Rudy's Steakhouse to casual meals at Masonry Grill, and coffee at the Governor's Cup. Shopping is available at Salem Center mall, though its popularity has waned. Downtown Salem hosts numerous events, including concerts at the Gerry Frank Salem Rotary Amphitheater, the ¡Viva Salem! festival, and a weekly farmers market. The neighborhood is well-connected with walkable streets and extensive Cherriots bus routes. South Salem High School, with its high rating, offers dual credit courses and career and technical education. Willamette University, the oldest university in the western U.S., provides diverse programs. Residents have easy access to medical care at Salem Hospital. The area has a low crime risk compared to the national average, making it a practical choice for potential home buyers.

Learn more about living in Downtown Salem

Frequently Asked Questions

Is Downtown Salem a good place to live?
Downtown Salem is a good place to live. Downtown Salem is considered very walkable and very bikeable with good transit options. Downtown Salem is a suburban neighborhood. Downtown Salem has 6 parks for recreational activities. It is fairly sparse in population with 5.1 people per acre and a median age of 32. The average household income is $95,885 which is below the national average. College graduates make up 45.9% of residents. A majority of residents in Downtown Salem are renters, with 81.8% of residents renting and 18.2% of residents owning their home. A local real estate agent serving Downtown Salem can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Salem neighborhood guide.
Is Downtown Salem, OR a safe neighborhood?
Downtown Salem, OR is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Downtown Salem?
The median home price in Downtown Salem is $344,900. If you put a 20% down payment of $69,000 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $1,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Downtown Salem. The average household income in Downtown Salem is $96K.
What are the best public schools in Downtown Salem?
The best public schools that serve Downtown Salem are:
What are the best private schools in Downtown Salem?
The best private schools that serve Downtown Salem are:
What are the most popular zip codes in Downtown Salem, Salem, OR?
The most popular zip codes in Downtown Salem, Salem, OR include 97071, 97306, 97301, 97304 and 97338.
What are the most popular neighborhoods near Downtown Salem, Salem, OR?
The most popular neighborhoods near Downtown Salem, Salem, OR are Grant, Northeast Neighbors, South Central, West Salem and Southeast Salem.
Are home prices dropping in Downtown Salem?
Yes, home prices in Downtown Salem are down 11% in the last 12 months.

Home Trends in Downtown Salem, OR

On average, homes in Downtown Salem, Salem sell after 68 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Salem, Salem over the last 12 months is $388,737, down 11% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$358,918
Median Single Family Price
$350,000
Median 2 Bedroom Price
$575,000
Median 1 Bedroom Price
$344,900
Average Price Per Sq Ft
$288
Number of Homes for Sale
5
Last 12 months Home Sales
14
Months of Supply
4.30
Median List Price
$344,900
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-7%
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. WVMLS Member Broker: Arlene Richardson

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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