Portland and Salem are two of Oregon’s largest real estate markets. While there are many ways to compare housing markets, using the average sales price of homes can be a helpful indicator. Below are two recent charts for each real estate market.
Portland, Oregon Average Home Price Graph
While the epicenters of these two real estate markets are located only about 30 miles apart, the trajectory of real estate prices in each is quite different.
Salem, Oregon Average Home Price Graph
And while it’s helpful to view the direction of these two graphs, particularly telling are sales figures on the left side of both. For while the average Portland area property is selling for around $275,000, the average Salem area home is selling for close to $180,000.
Willamette Valley Homes & Real Estate 