- 2 bd
- 1 ba
- 932 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 ($523,161), South Gateway ($490,400), West Salem ($483,865), Sunnyslope ($458,684), Morningside ($455,148).
The neighborhoods with the lowest median home values in Salem, OR include: Southeast Salem ($325,422), Highland ($340,166), Central Area ($341,410), Grant ($348,215), Lansing ($365,528).
Neighborhoods with the highest year-over-year value growth in Salem, OR include: East Lancaster (1.2%), Faye Wright (0.9%), West Salem (0.9%), Southeast Mill Creek (0.6%), Sunnyslope (0.5%).