Salem Homes under $350,000

Salem Homes under $350,000

Welcome to Salem, a vibrant city steeped in history and charm, nestled in the heart of Oregon's picturesque Willamette Valley. Known for its beautiful parks, rich cultural heritage, and a friendly community atmosphere, Salem offers residents a unique blend of urban amenities and natural beauty. From the stunning Oregon State Capitol to the lush landscapes of Bush’s Pasture Park, there’s always something to explore in this captivating city.

For those seeking affordable housing options, Salem stands out with a selection of charming homes priced under $350,000. This makes it an ideal destination for first-time homebuyers, families, or anyone looking to invest in a thriving community without breaking the bank. These homes often feature classic architectural styles, spacious yards, and easy access to local schools, shopping, and dining.

Imagine settling into a cozy bungalow with a white picket fence or a modern townhouse in a friendly neighborhood. With the median home price in Salem remaining accessible, you can find properties that not only fit your budget but also offer the potential for appreciation as the city continues to grow.

Salem’s diverse neighborhoods cater to various lifestyles, whether you prefer the bustling vibe of downtown or the tranquility of suburban living. Explore the possibilities and discover the perfect home in Salem, where affordability meets a vibrant community spirit. Your dream home awaits in this enchanting city, making it a wonderful place to call home!

Newest Salem Homes under $350,000

22 Millville, Salem
$350,000
2 Beds ⋅ 1 Baths ⋅ 73592126 MLS
Charming Ranch with Scenic Conservation Views and Great Potential! Welcome to this inviting 2-bedroom, 1-bath ranch ideally located near TuscanVillage, parks, and a variety of restaurants. The home features an eat-in kitchen, a generously sized living room with hardwood floors, and an additional room offeringflexibility for a home office, playroom, or other needs. Step through the kitchen slider into a screened-in porch overlooking beautiful conservation land that abuts theproperty, a peaceful setting to relax and enjoy nature. The walk-out basement offers excellent potential to finish and create additional living space tailored to your needs.Additional highlights include city water and sewer, a large one-car garage, and parking for four additional vehicles. Conveniently located near I-93 and Route 97, providing easy access to Boston and the North Shore of Massachusetts. Recent improvements include a brand-new roof and gutters installed in May 2026 and a hot water expansion tank replaced in 2026. Hot water heater 2025 and the Boiler is only 8yrs old. Sale is subject to the seller finding suitable housing, and the seller has already identified a home of interest. Showings begin at the open house! Saturday Oct 17th from 1:00–3:00 PM. Send your buyers to explore the possibilities this home has to offer!

22 Millville, Salem

Listing courtesy of Listing Agent: Gita Ghaemi from Listing Office: Lamacchia Realty, Inc..
1 Arrow Dr. Unit L, Salem
$214,900
2 Beds ⋅ 1 Baths ⋅ 73583594 MLS
Meticulously maintained 2-bedroom, 1-bath ranch-style manufactured home located on a desirable corner lot in a 55+ community. This inviting open-concept home features an eat-in kitchen with brand-new stainless-steel appliances, including a gas range and dryer. Enjoy new flooring throughout, freshly painted walls and ceilings, and comfortable year-round living with a propane heating system and mini-split heating/air conditioning. Ceiling fans add to the comfort. Recent exterior updates include a new roof with a 50-year warranty, a new storage shed, and a freshly sealed driveway. Move-in ready and thoughtfully updated, this home offers easy living in a well-established 55+ community.

1 Arrow Dr. Unit L, Salem

Listing courtesy of Listing Agent: Daniel M. Mendonca from Listing Office: Berkshire Hathaway HomeServices Verani Realty Salem.
21 Dunlap St Unit 3, Salem
$349,000
2 Beds ⋅ 1 Baths ⋅ 73573628 MLS
Welcome to 21 Dunlap St, a stunning, fully renovated condo that blends modern style with everyday comfort in one of Salem's most walkable neighborhoods. Every detail has been thoughtfully updated, making this a true turnkey opportunity for buyers seeking move-in-ready quality. Step inside to gleaming hardwood floors that flow throughout, complemented by recessed lighting that brightens every room. The showstopper is the designer shaker-style kitchen, featuring crisp white shaker cabinetry, sleek quartz countertops, and a full suite of stainless steel appliances , perfect for home chefs and entertainers alike.Highlights include: Fully renovated designer kitchen with shaker cabinets & quartz counters, Stainless steel appliance package, Hardwood flooring throughout, Recessed lighting in every room, Updated bathroom(s) with modern finishes Fresh paint and updated fixtures throughoutLow-maintenance condo living with [HOA fee] monthly fee

21 Dunlap St Unit 3, Salem

Listing courtesy of Listing Agent: Asim Ghani from Listing Office: LXTN Realty.
11 Read St Unit 1, Salem
$315,000
3 Beds ⋅ 1 Baths ⋅ 73570127 MLS
Welcome to this charming 3-bedroom, 1-bathroom condominium nestled on a quiet dead end street in a bustling neighborhood. Key features include the newer kitchen cabinets, stainless steel appliances, recessed lighting throughout, jacuzzi tub, and nice sized backyard. The best perk is oil heat, water/sewer, trash service, and exterior maintenance is included in the condo fee to ensure an stress-free lifestyle. The condominium also offers amenities like in-unit laundry facilities for added convenience. Hurry and take advantage of this opportunity! Experience the vibrant lifestyle that Salem has to offer.

11 Read St Unit 1, Salem

Listing courtesy of Listing Agent: Desiree Taylor from Listing Office: Desired Homes Realty LLC.
163 North St Unit 1, Salem
$299,000
1 Beds ⋅ 1 Baths ⋅ 73568592 MLS
Classic Salem character meets modern-day comfort in this well laid out one-bedroom condo, located just minutes from downtown Salem’s train station, restaurants, museums, shops, cafés, and vibrant cultural scene. A private entrance opens to a welcoming foyer accented by rich wainscoting and gleaming hardwood floors. Still maintains the original details, the home showcases a striking gilded fireplace with turn-of-the-century glazed tile and a distinctive custom wood mantel and surround. Original built-in cabinetry, custom radiator covers, and an inviting box-window seating area add warmth, craftsmanship, and architectural interest throughout. The eat-in kitchen pairs stainless steel appliances and granite countertops with the home’s timeless character, while an updated bathroom and generous closet space offer everyday convenience. Additional features include, a large private basement storage area, separate laundry, double-pane windows with upgraded storm windows, and efficient gas heat. Two-car deeded parking, access to a shared yard, and a pet-friendly association complete the package. With downtown Salem nearby, this home offers an exceptional combination of historic charm, practical amenities, and easy access to some of the city’s best dining, shopping, museums, cafés, and entertainment.

163 North St Unit 1, Salem

Listing courtesy of Listing Agent: Nathan Seavey from Listing Office: Leading Edge Real Estate.
29 Lowell Unit 24, Salem
$319,900
2 Beds ⋅ 2 Baths ⋅ 73548873 MLS
Spacious Brand-New Double Wide home in Salem! Welcome home to this beautiful 1568 +/- sf Energy Star Rated Manufactured home featuring 2 spacious bdrms, 2 baths and a versatile bonus room where you'll have flexibility to create the perfect home office, cozy den or media rm. Expansive applianced kitchen with loads of cabinets and generous dining area. Bright, open living rm with loads of natural light. Additional highlights include a utility rm with washer/dryer hookups, efficient FHA heating and central air conditioning. Step outside to enjoy the covered front entry, low maintenance composite deck and handy storage shed. Conveniently located near shopping, dining and major commuter routes. Opportunities like this don't come along where you can find a brand new home with this much space and so many features at such an incredible price. Sorry No Dogs! Schedule your private showing today and see for yourself why this home is one of the best values in Salem.

29 Lowell Unit 24, Salem

Listing courtesy of Listing Agent: Nancy Bilodeau from Listing Office: Salem Manufactured Homes, LLC.
134 Boston St Unit 1B, Salem
$199,000
1 Beds ⋅ 1 Baths ⋅ 73541680 MLS
The most inexpensive condo available in Salem! Close to downtown nightlife and attractions. This one bedroom condo with parking and laundry on site is an ideal starter home and rental alternative. Featuring gleaming hardwood floors, kitchen with stainless steel appliances, granite counters, refurbished bathroom, and freshly painted. Condo fees are paid through 2026 so you will have no condo fees to pay until January 2027.

134 Boston St Unit 1B, Salem

Listing courtesy of Listing Agent: Jeanna Alimonti from Listing Office: Clements Realty Group.
56 Ward St Unit 3B, Salem
$335,000
3 Beds ⋅ 1 Baths ⋅ 73518468 MLS ⋅ ['56 Ward Street Condominium Trust'] BLDG.
Exceptional value in historic Salem! This 3 bedroom, 1 bath unit is ideally located just minutes from vibrant downtown Salem, Pickering Wharf, restaurants, shops, and the waterfront. The unit is a rear unit, providing added privacy. The roof and deck were updated just a few years ago, and a new heating system offers additional peace of mind. The surrounding area is undergoing significant revitalization, including new waterfront condos and retail development directly across the street, bringing even more value and energy to the neighborhood. Enjoy exceptional convenience and coastal charm, with Bluebikes less than a minute away and the commuter rail just a short walk from your door. Whether you're looking for a primary residence, an investment property, or an opportunity to get into one of the North Shore's most sought after cities, this property offers incredible value in a rapidly growing location.

56 Ward St Unit 3B, Salem

Listing courtesy of Listing Agent: Victor Paulino from Listing Office: Engel & Volkers By the Sea.
Start Your Search

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

How much is your home worth?

Get instant property value now!