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    Salem, OR
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    Salem, OR Residential Land & Home Lots for Sale

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    Keizer, OR Turner, OR Rickreall, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Silverton, OR
    22 properties
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    Development Land in South Salem
    Updated: May 18
    Development Land in South Salem

    Maplewood Dr S, Salem, OR 97302

    $950,000
    5.83 AC lot
    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
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    Residential Lot in South Salem
    Updated: May 11
    Residential Lot in South Salem

    3240 Cooke St S, Salem, OR 97302

    $175,000
    0.31 AC lot
    Ready‑to‑submit building plans included for a 2,472 sq. ft., single‑story home (4 bed, 2 bath, bonus room).
    .31‑acre lot in a quiet, established South Salem neighborhood.
    Option to work with the seller, a licensed contractor, for building.
    Close proximity to schools, shopping, and amenities.
    Located in a cul‑de‑sac.
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    Flat Buildable Acreage with Utilities
    Flat Buildable Acreage with Utilities

    2531 Ballyntyne Rd S, Salem, OR 97302

    $449,900
    5.00 AC lot

    Flat, usable 5-acre parcel in Salem zoned AR with natural gas and PG&E infrastructure available.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    4.71 Acres of Residential Land For Sale
    4.71 Acres of Residential Land For Sale

    4560 Center Street Northeast, Salem, OR 97301

    $3,500,000
    205,168 sqft 4.71 AC lot

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

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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

    $190,000
    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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    Residential Land in Salem, Oregon
    Residential Land in Salem, Oregon

    NW Doaks Ferry Rd, Salem, OR 97304

    $175,000
    0.24 AC lot

    0.24 acre lot, close to city services.

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    Residential Lot in Salem, Oregon
    Residential Lot in Salem, Oregon

    NW Morrow Ct, Salem, OR 97304

    $225,000
    0.61 AC lot

    Shovel-ready lot with utilities in desirable Salem location.

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    45 Acres of Scenic Land
    45 Acres of Scenic Land

    TA 536193 Riverside Rd S, Salem, OR 97306

    $795,000
    45.00 AC lot

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

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    View Lot in West Salem
    View Lot in West Salem

    360 View Dr NW, Salem, OR 97304

    $69,000
    0.19 AC lot

    Affordable 0.19-acre view lot in desirable West Salem.

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    LAND - Salem, OR
    LAND - Salem, OR

    2580 Fisher Rd, Salem, OR 97305

    $185,000
    0.18 AC lot

    Land · 0.18 Acres

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    LAND - Salem, OR
    LAND - Salem, OR

    1677 PTARMIGAN St, Salem, OR 97304

    $149,900
    0.25 AC lot

    Land · 0.25 Acres

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    Treed Acreage Home Site
    Treed Acreage Home Site

    2881 Forest Haven Wy S, Salem, OR 97302

    $525,000
    2.37 AC lot

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

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    LAND - Salem, OR
    LAND - Salem, OR

    Battlecreek Rd, Salem, OR 97302

    $903,823
    6.07 AC lot

    Land · 6.07 Acres

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    LAND - Salem, OR
    LAND - Salem, OR

    SE Battlecreek Rd, Salem, OR 97302

    $1,302,875
    8.75 AC lot

    Land · 8.75 Acres

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    LAND - Salem, OR
    LAND - Salem, OR

    1677 Ptarmigan St NW, Salem, OR 97304

    $149,900
    0.25 AC lot

    Land · 0.25 Acres

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    South Salem Acreage Parcel
    South Salem Acreage Parcel

    2881 Forest Haven Way S, Salem, OR 97302

    $525,000
    2.37 AC lot

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

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    Salem Land Development Opportunity
    Salem Land Development Opportunity

    2230 Doaks Ferry Rd W, Salem, OR 97304

    $899,500
    9.35 AC lot

    9.35 acre land parcel in Salem, Oregon.

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    Residential Lot in Quiet Neighborhood
    Residential Lot in Quiet Neighborhood

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

    $109,000
    0.23 AC lot

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

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    Residential Lot in Quiet Neighborhood
    Residential Lot in Quiet Neighborhood

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

    $109,000
    0.19 AC lot

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

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    LAND - Salem, OR
    LAND - Salem, OR

    2585 Dalke Ridge Dr NW, Salem, OR 97304

    $135,000
    0.17 AC lot

    Land · 0.17 Acres

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Salem, OR

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

    Explore 22 residential land & home lots for sale in Salem, OR, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 4,251,587 square feet of properties for sale, with an estimated market value of $12,182,798.

    Sale prices for home sites in Salem, OR start at $69,000, averaging $553,763, 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 35
    Industrial land 17
    Residential land & home lots 15
    Agricultural land / Farmland 9
    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 $266.5K
    97306 $492.5K
    97302 $665.8K
    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marion County

    Residential Income

    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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