Salem Homes under $700,000

Welcome to Salem, Oregon—a city steeped in rich history and vibrant culture, nestled in the heart of the Willamette Valley. Known for its picturesque landscapes, Salem boasts an array of parks, scenic rivers, and beautifully maintained gardens, making it a haven for outdoor enthusiasts and nature lovers alike. The city is also home to a thriving arts scene, with galleries, theaters, and events that celebrate local talent throughout the year.

For those seeking a home in this charming city, Salem offers an impressive selection of properties under $700,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, there’s something for everyone in this price range. From cozy bungalows in historic neighborhoods to modern family homes in family-friendly communities, the options are diverse and appealing.

Imagine settling into a quaint residence with easy access to Salem's vibrant downtown, where you can enjoy local cafes, boutique shops, and farmers' markets. The community is known for its friendly atmosphere and excellent schools, making it a desirable place to raise children or retire in peace. With the stunning Cascade Mountains to the east and the lush Willamette Valley surrounding you, outdoor adventures are just minutes away.

With homes under $700,000, you can invest in your dream lifestyle in Salem, where history meets modern living. Explore your options today, and discover why so many are choosing to call this enchanting city home!

Newest Salem Homes under $700,000

$364,900

1 Beds ⋅ 1 Baths ⋅ 73585687 MLS

It’s Halloween in Salem and your loft awaits! This rare top-floor cozy (read: small) corner residence combines dramatic old-world character, abundant natural light, and sweeping southern views over the rooftops of the city. Soaring 14-foot windows create an airy, open feel, while exposed brick, original beams, and a warm industrial-art aesthetic give the space a personality all its own. Step outside and downtown Salem is at your doorstep: coffee shops, restaurants, boutiques, museums, nightlife, and the commuter rail to Boston—just 21 minutes on the express. An off-street parking pass at nearby Riley Plaza adds convenience. Condo-buying advice: top floor matters. No wondering who is walking overhead at 5 a.m. in heels or playing marbles at 1 a.m. Here, you’re already on top.

24 Norman St Unit 301, Salem

$210,000

1 Beds ⋅ 1 Baths ⋅ 5112327 MLS

Conveniently located just minutes from The Tuscan Village- offering shopping, dining and entertainment. Great commuter location with easy access to routes 93 and 213! Why rent when you can own? This one bedroom, with walk-in closet, one bathroom condo is move-in ready just waiting for it's new owner or investor. Low monthly fee includes heat, hot water and cooking gas! Includes on-site laundry facilities and deeded parking. Dogs are not permitted. Stop renting and start owning today! EASY to show.

5 Lancelot Ct Unit 6, Salem

$599,900

4 Beds ⋅ 1 Baths ⋅ 73585101 MLS

Welcome home to this spacious, townhouse-style property offering the perfect blend of modern upgrades and classic charm! Boasting 4 bedrooms, 1 bathroom, and over 2,100 square feet of living space, this home delivers the distinct flow, privacy, and feel of a single-family residence, complete with its own private entrance. A formal foyer and staircase welcome you, leading up to an expansive second-floor landing and gallery area. The large, open-concept living and dining room is flooded with natural sunlight, making it perfect for everyday living and entertaining. Beautiful kitchen equipped with a gas stove, NEW Cabinets and Quartz Counters, SS appliances, and open shelving. The top floor features a massive great room with vaulted ceilings, bright skylights, and gleaming HW floors. This versatile space offers endless flexibility for a primary bedroom, home office, media room, or gym. Unwind on your private screened-in porch. The property also features a designated, locked storage area in the basement alongside a dedicated laundry space for the unit. Additional features include Deeded 2-car off-street parking, Updated Bathroom, 2-Zone Mini-split AC System that doubles as an additional heat source. Situated just 1 mile from the Salem MBTA Commuter Rail station for an easy commute, and within a short walking distance to everything vibrant downtown Salem has to offer.

20 Hancock St Unit 3, Salem

$182,500

1 Beds ⋅ 1 Baths ⋅ 5112294 MLS

Welcome to easy living at Friendship Drive Cooperative in Salem. This well maintained, move in ready 2006 manufactured home has a bright, comfortable feel with neutral tones. The open concept kitchen, dining area, and living room create an inviting space to relax or gather with friends. Along with the bedroom, there’s a separate room that could be used as a home office, study, or hobby space. A brand new roof is another welcome update. Just across the street, Tuscan Village offers shopping, restaurants, and entertainment within walking distance. The Salem Rail Trail is also nearby for walking and biking. With a reasonable park fee and so much close to home, this home is ready for its next owner. Open houses Friday, 10/2 4:30-6pm, Saturday 12-1:30 pm and Sunday 10:30-12pm

1 Friendship Dr, Salem

$625,000

3 Beds ⋅ 2 Baths ⋅ 5112272 MLS

Welcome to a home designed for the way you actually live! This well-maintained property offers a flexible floor plan with space to adapt to your needs, whether you’re looking for room to entertain, work from home, or create a private primary suite. The open main living area features hardwood floors, while the kitchen and dining area flow seamlessly together with a slider leading directly to the expansive outdoor living space. A bonus family room provides even more room to gather, relax, or customize to your lifestyle, with the option to have another spacious primary suite, or extended family. The true showstopper is the fully fenced, thoughtfully completed backyard oasis. Designed for entertaining, it features a large two-tier composite deck, patio, paver pathways leading to the fire pit, outdoor surround sound, a multi-purpose cabana/shed, irrigation, and a beautiful water feature. Whether you’re hosting summer gatherings, enjoying a quiet evening by the fire, or simply relaxing outdoors, this space is ready to be enjoyed. As the seasons change, you’ll appreciate the cozy wood-burning fireplace, generator hookup, and included portable generator. The home has also been proactively maintained with the septic recently pumped, irrigation winterized, and boiler serviced, giving you added peace of mind heading into the winter months. With two driveways and a convenient location close to schools, shopping, restaurants, and the many amenities of Tuscan Village, this property offers the combination of flexibility, comfort, entertaining space, and location that is hard to find. Come see all the possibilities this home has to offer!

1 Scotland Ave, Salem

$495,000

2 Beds ⋅ 2 Baths ⋅ 73584654 MLS ⋅ ['Pickman Park'] BLDG.

Nestled within the highly sought-after Pickman Park community, this beautifully maintained townhouse offers the perfect blend of comfort, style, and convenience. Surrounded by mature trees and professionally landscaped grounds, the setting is private and peaceful while just minutes from downtown Salem, Salem State University, beaches, shopping, dining, and commuter routes. Residents enjoy outstanding amenities, including an in-ground pool, tennis courts, clubhouse, and professional management. Inside, soaring vaulted ceilings and gleaming hardwood floors create a bright, open feel throughout the main living areas and both bedrooms. The kitchen features stainless steel appliances and opens seamlessly to the dining and living spaces, ideal for everyday living and entertaining.The walk-out lower level offers exceptional flexibility with a spacious family room that's perfect as a home office, guest space, gym, media room, or bonus bedroom, along with abundant storage. Whether you're looking for your first home, downsizing, or seeking a low-maintenance lifestyle with resort-style amenities, this move-in ready home offers the best of Salem living.

52 Pickman Rd Unit 3B, Salem

$499,000

3 Beds ⋅ 2 Baths ⋅ 73584546 MLS

Opportunity is knocking, and this one comes with plenty to work with! 8 Ord St. in Salem is a 3-bedroom, 1.5-bath home with a traditional layout, some distinctive original details and the kind of flexibility that gives a new owner plenty of room to make it their own. The enclosed front porch is a fitting introduction to a home where the spaces are comfortably defined and ready for a fresh perspective. The living room occupies the front of the home, while the kitchen extends into a separate pantry and prep area with the kitchen cabinetry, sink and dishwasher. Some of the cabinetry has been updated, adding function and useful storage to the space. Continue through and the dining room delivers one of the home’s most appealing details, with hardwood flooring and built-in cabinetry that brings character and function together. Upstairs, three bedrooms and a full bath complete the second floor. The bath features a newer laminate floor and tub surround, while the straightforward layout throughout the home provides a solid starting point for whatever changes the next owner may envision. Outside, the gently sloped, fenced yard is framed by established shrubs and flowering plantings, giving the property a welcoming backdrop and room to garden, gather or simply enjoy the outdoors. Andersen insulated windows were installed in 2017, and the exterior was painted approximately two years ago. For buyers looking for a place they can truly make their own, this home offers the chance to create something special over time. Bring your ideas, imagine the possibilities and make this home distinctly yours! This is an estate sale, and the property is being sold in as-is condition, except for a new roof to be installed prior to closing. No representations are being made by Seller and/or listing agent. Some photos virtually staged, as labeled. Open Houses Fri.,10/2 5-6:30PM and Sat., 10/3 12-1:30PM.

8 Ord St, Salem

$369,900

1 Beds ⋅ 1 Baths ⋅ 73583987 MLS

Beautiful ocean views from the rear deck and kitchen across Salem Harbor to Marblehead. This first floor garden style condominium was fully updated and converted in 2016. 4 unit building with deeded parking space #4 in rear parking lot. Full size laundry personal units included! Natural gas heat. Central air conditioning. New kitchen with ocean views, granite counters, ceramic tile floors & stainless steel appliances. Updated bathroom with tiled walled tub & shower and granite on vanity. Primary bedroom with walk out bay. Oak hardwood floors. Both front and rear covered porches. Large lower level locked storage area. Convenient to downtown and all Salem has to offer. Amazing location between both Forest River Park and Palmer Cove Park on the waterfront with walk trails, playgrounds, courts, picnic areas, ballfields, etc..

23 Green St Unit 1R, Salem

$650,000

3 Beds ⋅ 3 Baths ⋅ 73583969 MLS ⋅ ['Pickering North'] BLDG.

Welcome to this spacious and character-filled 3-bedroom, 2.5-bath condo offering nearly 1,800 sq. ft. of living space across two levels. The main level features a beautiful open-concept kitchen and living area filled with tons of natural light, highlighted by exposed brick, high ceilings, hardwood floors, and attractive crown molding. The kitchen is perfect for both everyday living and entertaining, offering stone countertops, stainless steel appliances, ample cabinetry, and a large center island that creates a natural gathering space while flowing seamlessly into the expansive living room.Upstairs, the spacious primary bedroom continues the open and airy feel with high ceilings, generous proportions, custom closet space, and a private full bath. The two additional bedrooms each feature beautiful skylights that bring in abundant natural light and add even more architectural character. A second full bath and convenient in-unit laundry complete the upper level.Additional highlights include central air, extra storage, and two deeded off-street parking spaces—a major convenience in Salem. Ideally located close to historic downtown Salem, the home offers easy access to the city’s restaurants, shops, waterfront, commuter rail, parks, and countless local attractions while still providing a spacious and comfortable place to call home.

181 North St Unit 213, Salem

$495,900

2 Beds ⋅ 2 Baths ⋅ 73583649 MLS ⋅ ['Cloister Condominium'] BLDG.

Welcome to this spacious and beautifully updated end-unit condo offering an impressive blend of comfort, privacy, and nature. Soaring vaulted ceilings create an open, airy feel throughout, while two generously sized bedrooms and two full baths, including a private en-suite, provide a functional and inviting layout. The kitchen features updated stainless steel appliances, and in-unit laundry adds everyday convenience. What truly sets this home apart is its peaceful setting directly abutting Salem Woods Highland Park—129 acres of trails that provide a peaceful retreat right outside your door. Step onto your private balcony overlooking the forest and enjoy morning coffee, evening sunsets, or simply the sounds of nature. A spacious detached two-car garage provides plenty of room for parking and additional storage. Enjoy a tucked-away setting surrounded by nature while still being conveniently located near shopping, dining, major routes, and all that Salem has to offer.

15 First St Unit A2, Salem

$640,000

3 Beds ⋅ 1 Baths ⋅ 73583631 MLS

Charming Colonial home in a fabulous North Salem location! This cheery residence boasts a lovely front entry with sunroom which leads to a spacious living/dining area awash in natural light from multiple picture windows. The versatile open concept floor plan offers beautiful hardwood floors throughout, high ceilings and quaint period detail. There is a large eat-in kitchen with a laundry room conveniently located nearby as well as a mud room which is accessible from a second side entrance. The upstairs offers three ample bedrooms, a large tiled bath and a walk up attic. The partially finished full walk out basement offers a cozy office area and plenty of space for storage, a home gym or room to grow. The back yard is level and hosts a patio area as well as a detached one car garage. Perfectly situated on a quiet cul-de-sac road with mature plantings near the historic downtown area, Mack Park, the Salem Commuter Rail/MBTA, Salem/Peabody line and Routes 1/95 and 128. A complete gem of a home!

5 Mooney Avenue, 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

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