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Browse All Salem OR Between $400K - $500K Properties for Sale

$499,000
5 Beds 4 Baths 843315 MLS
Step into history at “The Century House,” an award-winning bed & breakfast. 5 beds/4 baths. Ideal for rental, multigenerational, dual living, ADU. This 2,815 SF home showcases wood floors, a bright living room w/gas fireplace, formal dining & inviting kitchen. It features a studio suite w/kitchenette & bath on the main, while upstairs offers 2 spacious suites, another bedroom, plus a kitchenette & living/dining area. Newer roof, furnace, H20 heater, plumbing, electrical, insulation, windows, decks & more! Some homes simply have a soul. The Century House is one of them.This treasured 1912 home has spent generations welcoming family, friends, & guests through its front door. Today, its next chapter awaits. Whether you envision gathering generations under one roof, creating space for extended family, hosting long-term guests, or simply enjoying the charm of a remarkable historic home, this one offers possibilities as timeless as its character. Step inside and you'll immediately be captivated by the warmth only a century-old home can offer. Original hardwood floors, rich craftsmanship, tall ceilings, and sun-filled rooms. The living room features a cozy gas fireplace & flows into the formal dining room, where holiday dinners, birthday celebrations become lasting memories. The generous kitchen offers abundant workspace, upgraded appliances, & the perfect gathering place for family & friends.On the main level, a private attached studio suite with its own entrance, kitchenette, & full bath offers an ideal space for multigenerational living, guests, a caregiver, or rental income.Upstairs, you'll find a welcoming living & dining area with an additional kitchenette, plus two spacious primary suites, each with its own private bath. Whether used for family, visiting loved ones, or independent living, the layout offers comfort & privacy.While the home's historic charm has been carefully preserved, extensive updates provide peace of mind, including a newer roof, furnace, two newer mini-split heating & cooling systems, upgraded plumbing to the street, updated electrical panels, improved insulation, eight newer upstairs windows, upgraded decks, & modern kitchen appliances, including two kitchenettes with refrigerators, cooktops, & microwaves.Situated on nearly one-third of an acre, The Century House is more than just a home—it's a place where stories have been written for over a century. Now, it's ready for someone new to write the next chapter. Welcome home.

292 17th St Se, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. Cell: 541-668-5540

$474,995
5 Beds 3 Baths 102768392 MLS
Red Tag Sales Event happening now!!!!! New construction home in Salem! The Newport floor plan offers 5 bedrooms, 3 bathrooms, and a spacious 2,045 square feet of thoughtfully designed living space. This two-story layout includes a full bedroom and bathroom on the main floor, ideal for a guest room or home office with added privacy. The open concept design flows through the living room, dining area, and kitchen, where you’ll find stylish shaker cabinetry, solid surface countertops, stainless steel appliances, a large kitchen island, pantry, and a gas free-standing range oven. Cozy up by the fireplace for the perfect movie night setting. Upstairs, four additional bedrooms provide space for everyone, while the convenient upper-level laundry room makes daily routines easier. The primary bedroom is a relaxing retreat with an en suite bathroom, double vanity, walk-in shower, and a large walk-in closet. The upstairs hall bath is centrally located for easy access. Receive a closing cost credit with use of builder’s preferred lender, reach out for more details. Come see D.R. Horton’s wonderful new community in Salem before it’s too late! East Park Village offers residents a great blend of suburban charm and swift access for easy commuting to the state capitol. The new community is just minutes away from the Willamette Valley Center where you can enjoy great dining options. Schedule a tour and find your home at East Park Village! Photos are representative of plan only and finishes may vary as built.

443 Pietro NE ST, Salem

Listing Courtesy of D. R. Horton, Inc Portland.

$455,000
4 Beds 2 Baths 779664415 MLS
Tucked away on a quiet cul-de-sac just minutes from downtown, this beautifully updated home combines timeless finishes with thoughtful upgrades and inviting indoor-outdoor living. Brazilian cherry hardwood floors, granite countertops, and a striking rock-trimmed gas fireplace create a warm, welcoming atmosphere, while the open layout provides comfortable spaces for everyday living and entertaining.The main level features a spacious primary suite complete with a jetted soaking tub, along with two additional bedrooms and a full bathroom for added flexibility. Upstairs, a bright family room, with extra storage, is filled with natural light from three skylights, creating the perfect space for movie nights, hobbies, or a home library. A fourth bedroom offers endless possibilities for a home office, craft room, fitness area, and much more.Outside, enjoy a professionally landscaped outdoor retreat designed for low-maintenance enjoyment. Charming cobblestone pathways, mature landscaping, underground sprinklers, and a vine-covered pergola create a peaceful setting for morning coffee, outdoor dining, or evening gatherings. A dedicated hot tub-ready space makes it easy to add your own spa and enjoy year-round relaxation. Integrated power outlets offer effortless flexibility for seasonal lighting, outdoor entertaining, and creating a warm evening atmosphere.Recent improvements include a new roof and new air conditioning system, providing added comfort and peace of mind. Conveniently located with easy access to downtown, shopping, dining, parks, and major employers, this home offers the perfect balance of style, functionality, and location. Whether you're looking for flexible living space, quality updates, or beautifully designed outdoor areas, this home is ready to welcome its next owner.

2173 Laurine NE CT, Salem

Listing Courtesy of Havenrose Real Estate.

$487,995
5 Beds 3 Baths 692043591 MLS
New construction home in Salem! The Newport floor plan offers 5 bedrooms, 3 bathrooms, and a spacious 2,045 square feet of thoughtfully designed living space. This two-story layout includes a full bedroom and bathroom on the main floor, ideal for a guest room or home office with added privacy. The open concept design flows through the living room, dining area, and kitchen, where you’ll find stylish shaker cabinetry, solid surface countertops, stainless steel appliances, a large kitchen island, pantry, and a gas free-standing range oven. Cozy up by the fireplace for the perfect movie night setting. Upstairs, four additional bedrooms provide space for everyone, while the convenient upper-level laundry room makes daily routines easier. The primary bedroom is a relaxing retreat with an en suite bathroom, double vanity, walk-in shower, and a large walk-in closet. The upstairs hall bath is centrally located for easy access. Receive a closing cost credit with use of builder’s preferred lender, reach out for more details. Come see D.R. Horton’s wonderful new community in Salem before it’s too late! East Park Village offers residents a great blend of suburban charm and swift access for easy commuting to the state capitol. The new community is just minutes away from the Willamette Valley Center where you can enjoy great dining options. Schedule a tour and find your home at East Park Village! Photos are representative of plan only and finishes may vary as built.

502 Redmond NE ST, Salem

Listing Courtesy of D. R. Horton, Inc Portland.

$405,000
3 Beds 2 Baths 842758 MLS
This house comes with a REDUCED RATE as low as 5.875% (APR 6.407%) as of 08/06/2026 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms apply, see disclosures for more information. Single level in PRIME LOCATION, minutes from Minto-Brown Island Park, Courthouse Club Fitness, Salem Golf Club, and Candalaria Elementary School. Low maintenance landscaping, raised garden beds, and extended patio. Solar energy means super low electric bill! This house comes with a REDUCED RATE as low as 5.875% (APR 6.407%) as of 08/06/2026 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms apply, see disclosures for more information. Easy living in a prime Salem location! This move-in ready single-level home offers 3 bedrooms, 2 bathrooms, updated flooring, and HVAC maintenance plan. Enjoy living just minutes from Minto-Brown Island Park, Courthouse Club Fitness, Salem Golf Club, downtown Salem, and within the highly desirable Candalaria school district. Low-maintenance landscaping, raised garden beds, and an extended patio. Solar energy means super low electric bill of approximately $19 monthly! For more information on Lock & List: https://www.cmghomeloans.com/mysite/greg-sage/listnlock/property/3126-La-Costa-Loop-S-Salem-OR-97302

3126 La Costa Lp S, Salem

Listing Courtesy of PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM. Cell: 971-808-3374

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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