- 1 bd
- 1 ba
- 405 sqft

The average Southeast Salem, OR home value is $321,451, down 1.6% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $321,451
1-Year Value Change: -1.6%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The neighborhoods with the highest median home values in Salem, OR include: Southwest ($516,432), South Gateway ($488,719), West Salem ($478,789), Sunnyslope ($453,936), Morningside ($453,440).
The neighborhoods with the lowest median home values in Salem, OR include: Southeast Salem ($321,451), Highland ($339,940), Grant ($348,273), Central Area ($349,433), Northeast Neighbors ($362,528).
Neighborhoods with the highest year-over-year value growth in Salem, OR include: West Salem (0.8%), East Lancaster (0.8%), Highland (0.7%), Faye Wright (0.7%), Hayesville (0.5%).