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    Salem, OR Residential Land & Home Lots for Sale

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    Keizer, OR Turner, OR Rickreall, OR
    23 listings
    Shovel-Ready Duplex Development Lot
    $750,469
    3,159 SF
    Shovel-Ready Duplex Development Lot

    2468 Morrow Ct NW, Salem, OR 97304

    Shovel-ready 0.87-acre lot in Shadow Creek Estates with utilities stubbed and room to partition for development plans.
    • Duplex concept plan includes two unit options: The Hemlock (1,590 SF) and The Hawthorne (1,569 SF)
    • Each proposed unit features 3 bedrooms and 2.5 baths with a one‑car garage
    • Open‑concept living areas and a spacious primary suite are included in the proposed duplex plans
    • Second‑floor laundry is included in each unit plan
    • 0.87‑acre shovel‑ready lot in Shadow Creek Estates with utilities stubbed to the property and potential to partition
    Updated: Jun 9
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    Development Land in South Salem
    $950,000
    5.83 Acres
    Development Land in South Salem

    Maplewood Dr S, Salem, OR 97302

    5.83 acres of land in South Salem, Oregon.
    • 5.83 acres of prime development land
    • Zoned RS, allowing for residential development
    • Located in desirable South Salem
    • Minutes from Sprague High School
    • Excellent development potential
    Updated: May 18
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    Agricultural Land Parcel with Privacy
    $399,900
    11.00 Acres
    Agricultural Land Parcel with Privacy

    An 11-acre AF-10 parcel offering rolling terrain, mature trees, and room for a custom home or hobby farm use.

    Jerusalem Hill Rd NW, Salem, OR 97304

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    Residential Lot in South Salem
    $175,000
    0.31 Acres
    Residential Lot in South Salem

    A .31-acre lot ready for your dream home.

    3240 Cooke St S, Salem, OR 97302

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    Secluded Acreage Homesite with Views
    $400,000
    4.91 Acres
    Secluded Acreage Homesite with Views

    Build-ready AR5 parcel with mature trees and electricity and high-speed internet available for your next home.

    Grice Hill Ct NW lot: 6, Salem, OR 97304

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    South Salem 5-Acre Land Parcel
    $495,000
    5.00 Acres
    South Salem 5-Acre Land Parcel

    Flat, usable land in South Salem with building possibilities.

    1 Ballyntyne Rd, Salem, OR 97302

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    45 Acres of Scenic Land
    $795,000
    45.00 Acres
    45 Acres of Scenic Land

    Rolling hills, pasture, and forest land with potential home sites.

    TA 536193 Riverside Rd S, Salem, OR 97306

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    Treed Acreage Home Site
    $525,000
    2.37 Acres
    Treed Acreage Home Site

    Build-ready small acreage lot with a well, septic approval, and gated rock-wall entry on a paved private drive.

    2881 Forest Haven Wy S, Salem, OR 97302

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    South Salem Acreage Parcel
    $525,000
    2.37 Acres
    South Salem Acreage Parcel

    Rare 2.37-acre parcel in South Salem with well and septic.

    2881 Forest Haven Way S, Salem, OR 97302

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    Flat Usable Custom Home Lot
    $449,900
    5.00 Acres
    Flat Usable Custom Home Lot

    Build a custom home with a shop and ADU on a flat, usable parcel with well and septic approval.

    2531 Ballyntyne Rd S, Salem, OR 97302

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    Corner Lot Near I-5
    $235,000
    0.36 Acres
    Corner Lot Near I-5

    Residential land with potential for multi-family development near I-5.

    4762 LANCASTER Dr, Salem, OR 97305

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    Residential Lot in Creekside Estates
    $190,000
    0.33 Acres
    Residential Lot in Creekside Estates

    Residential lot with golf course views and community amenities.

    535 Sahalee Dr SE, Salem, OR 97306

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    Developed Lot Ready to Build
    $149,900
    0.19 Acres
    Developed Lot Ready to Build

    West Salem lot with approved 4-Plex plans and utilities.

    2446 Morrow Ct NW, Salem, OR 97304

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    Salem View Lot Ready to Build
    $164,900
    0.21 Acres
    Salem View Lot Ready to Build

    Large lot with northern views and stubbed utilities.

    Parcel 2 Doaks Ferry Rd NW, Salem, OR 97304

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    Residential Land in Salem, Oregon
    $175,000
    0.24 Acres
    Residential Land in Salem, Oregon

    0.24 acre lot, close to city services.

    NW Doaks Ferry Rd, Salem, OR 97304

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    Residential Lot in Salem, Oregon
    $225,000
    0.61 Acres
    Residential Lot in Salem, Oregon

    Shovel-ready lot with utilities in desirable Salem location.

    NW Morrow Ct, Salem, OR 97304

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    Residential Lot in Quiet Neighborhood
    $119,000
    0.23 Acres
    Residential Lot in Quiet Neighborhood

    0.225-acre lot suitable for single-family home or duplex.

    621 Timber View Lot 11 St NW, Salem, OR 97304

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    Residential Lot in Quiet Neighborhood
    $119,000
    0.19 Acres
    Residential Lot in Quiet Neighborhood

    0.188-acre bare lot suitable for new home or duplex.

    601 Timber View Lot 13 St NW, Salem, OR 97304

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    LAND - Salem, OR
    $109,900
    0.87 Acres
    LAND - Salem, OR

    Land · 0.87 Acres

    2468 Morrow Ct NW, Salem, OR 97304

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    View Lot in West Salem
    $69,000
    0.19 Acres
    View Lot in West Salem

    Affordable 0.19-acre view lot in desirable West Salem.

    360 View Dr NW, Salem, OR 97304

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    LAND - Salem, OR
    $149,900
    0.25 Acres
    LAND - Salem, OR

    Land · 0.25 Acres

    1677 Ptarmigan St NW, Salem, OR 97304

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    4.71 Acres of Residential Land For Sale
    $3,500,000
    205,168 SF
    4.71 Acres of Residential Land For Sale

    4.71 Acres of Residential Land For Sale in Salem, OR 97301

    4560 Center Street Northeast, Salem, OR 97301

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    Salem Land Development Opportunity
    $1,095,000
    9.35 Acres
    Salem Land Development Opportunity

    9.35 acre land parcel in Salem, Oregon.

    2230 Doaks Ferry Rd W, Salem, OR 97304

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Salem, OR, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

    Off-Market Properties in Salem, OR

    Consider similar Off-Market properties in Salem, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4.71 Acres of Residential Land For Sale
    4.71 Acres of Residential Land For Sale in Salem, OR 97301
    Value Estimation by Request
    71 Acres of Residential Land For Sale

    4560 Center Street Northeast, Salem, OR 97301

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    Salem, OR Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 24 residential land & home lots for sale in Salem, OR, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 205,168 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for home sites in Salem, OR start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — 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

    Commercial land 36
    Residential land & home lots 20
    Industrial land 17
    Agricultural land / Farmland 6
    Waterfront Land 2

    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
    97304 $146K
    97306 $190K
    97305 $235K
    97302 $417.5K
    97301 $3.5M

    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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    Most Searched ZIP Codes in Salem, OR

    • 97304
    • 97302
    • 97306
    • 97301
    • 97305

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