What is the housing market like in Salem today? In August 2022, Salem home prices were up 9.9% compared to last year, selling for a median price of $429K. On average, homes in Salem sell after 41 days on the market compared to 37 days last year.
Are house prices dropping in Oregon?
Oregon home prices have increased by 13.7% over the past year and 36.3% over the last two years. Here’s Zillow’s forecast for some of the metro areas in Oregon. Except for Portland, none of these MSAs of Oregon is predicted to see a home price decline in 2023.
What is the average home price in Portland Oregon?
Portland Migration & Relocation Trends.
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Is Salem cheaper than Portland?
The cost of living in Portland, OR is 16.8% higher than in Salem, OR.