Residential

Salem, OR Residential Land & Home Lots for Sale

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Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Silverton, OR
71 properties
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Build-Ready Agricultural Land
Updated: Mar 9
Build-Ready Agricultural Land

3154 Kwonesum Ct S, Salem, OR 97306

$599,000
5.37 AC lot
5.17‑acre ready‑to‑build property at the end of a cul‑de‑sac
Septic approved for on‑site wastewater
Water source: well
Forest and pasture with lots of usable ground
Views from the property include the Willamette Valley below, Mary’s Peak, and the Coast Range
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45 Acres of Scenic Land
Updated: May 1
45 Acres of Scenic Land

TA 536193 Riverside Rd S, Salem, OR 97306

$795,000
45.00 AC lot
45 Acres with Rolling Hills, Pasture, and Forest
Huge Views
Includes Two Tax Lots (28.55 & 16.45 Acres)
Potential to Build Two Homes (5 acres & 40 acres)
Measure 37/49 M05‑081 Claim Applies
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Development Land in South Salem
Development Land in South Salem

Maplewood Dr S lot: 25, Salem, OR 97302

$950,000
5.83 AC lot

5.83 acres of land in South Salem, Oregon.

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See hot listings in Salem

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Land
Land

TA 559342 Macleay Rd SE, Salem, OR 97317

$980,000
48,351 sqft

Residential land & home lots · 48,351 SF

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South Salem 5-Acre Land Parcel
South Salem 5-Acre Land Parcel

1 Ballyntyne Rd, Salem, OR 97302

$495,000
5.00 AC lot

Flat, usable land in South Salem with building possibilities.

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Residential Lot in Creekside Estates
Residential Lot in Creekside Estates

535 Sahalee Dr SE, Salem, OR 97306

$180,000
0.33 AC lot

Residential lot with golf course views and community amenities.

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Salem View Lot Ready to Build
Salem View Lot Ready to Build

Parcel 2 Doaks Ferry Rd NW, Salem, OR 97304

$164,900
0.21 AC lot

Large lot with northern views and stubbed utilities.

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Undeveloped Land
Undeveloped Land

Parcel 2 Liberty Road, Salem, OR 97306

$440,000
6 sqft

Land

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Bare Land, Salem, OR
Bare Land, Salem, OR

Croisan Creek Rd S lot: 6, Salem, OR 97302

$525,000
6.35 AC lot

Residential land & home lots · 6.35 Acres

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Bare Land, Salem, OR
Bare Land, Salem, OR

Best Rd NW lot: 2B, Salem, OR 97304

$719,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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West Salem Multifamily Development Opportunity
West Salem Multifamily Development Opportunity

2001 Wallace Rd NW |, Salem, OR 97304

$1,975,000
9 sqft

Two parcels totaling 9 acres with multifamily development potential.

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Bare Land, Salem, OR
Bare Land, Salem, OR

Best Rd NW lot: 2A, Salem, OR 97304

$699,900
5.00 AC lot

Land · 5.00 Acres

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Bare Land, Salem, OR
Bare Land, Salem, OR

Best Rd NW lot: 1B, Salem, OR 97304

$639,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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Multi-Family
Multi-Family

1370 SE Leslie ST, Salem, OR 97301

$145,000
999 sqft

Residential land & home lots · 999 SF

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Bare Land, Salem, OR
Bare Land, Salem, OR

Best Rd NW lot: 3A, Salem, OR 97304

$749,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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Bare Land, Salem, OR
Bare Land, Salem, OR

Best Rd NW lot: 3B, Salem, OR 97304

$739,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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Residential Home Lot Land
Residential Home Lot Land

1778 Sunburst Terrace NW, Salem, OR 97304

$119,900
1,860 sqft 0.16 AC lot

Residential land and home lot available for sale at 1778 Sunburst Ter NW in Salem, Oregon.

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Bare Land, Salem, OR
Bare Land, Salem, OR

Croisan Creek Rd S lot: 1, Salem, OR 97302

$459,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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Land
Land

Lot 3 Gath Rd, Salem, OR 97317

$250,000
67,954 sqft

Residential land & home lots · 67,954 SF

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Bare Land, Salem, OR
Bare Land, Salem, OR

Croisan Creek Rd S lot: 3, Salem, OR 97302

$499,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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Land
Land

765 Judson St SE, Salem, OR 97302

$149,900
5,227 sqft

Residential land & home lots · 5,227 SF

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Bare Land, Salem, OR
Bare Land, Salem, OR

1758 Aguilas Ct NE, Salem, OR 97301

$185,000
0.20 AC lot

Land · 0.20 Acres

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Buildable Rural Home Lot with Services
Buildable Rural Home Lot with Services

0 55th Avenue NW, Salem, OR 97304

$340,000
2.00 AC lot

Buildable lot with water at the street and septic approval for a new home near Hwy 22 access.

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Bare Land, Salem, OR
Bare Land, Salem, OR

360 King St S, Salem, OR 97302

$425,000
0.42 AC lot

Land · 0.42 Acres

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Salem, OR Residential Land & Home Lots Market Trends and Statistics

Explore 71 residential land & home lots for sale in Salem, OR, showcased through 71 active listings on our real estate platform. These investment opportunities span a total of 7,453,533 square feet of properties for sale, with an estimated market value of $38,974,598.

Sale prices for home sites in Salem, OR start at $60,000, averaging $556,779, and reaching up to $3,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 56
Commercial land 42
Industrial land 21
Agricultural land / Farmland 10
Waterfront Land 7

Demographics Overview

Population 279K
Population Growth (5Y) +5.0%
Median Household Income $76,436
College Educated 19.3%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97305 $145K
97317 $352.5K
97306 $397.1K
97302 $463.3K
97304 $485.8K

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $20.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the under-1-acre range.

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