The most expensive neighborhoods in Salem

Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand keeping many on the sidelines. This comes amid rising economic uncertainty and growing wealth concentration. But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are still selling, even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Salem metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. McNary Estates (Keizer, OR)

Median sale price: $565,000 | Median days on market: 43 days

452 Fountain Ct N, Keizer, OR 97303
- List price: $600,000
- Beds: 3 | Baths: 2 | Square feet: 1,859
- See 452 Fountain Ct N, Keizer, OR 97303 on Redfin.com

6047 Hogan Dr N, Keizer, OR 97303
- List price: $624,900
- Beds: 3 | Baths: 3 | Square feet: 2,500
- See 6047 Hogan Dr N, Keizer, OR 97303 on Redfin.com

6102 Trevino Ct N, Keizer, OR 97303
- List price: $445,000
- Beds: 2 | Baths: 2 | Square feet: 1,561
- See 6102 Trevino Ct N, Keizer, OR 97303 on Redfin.com

6467 Hogan Dr N, Keizer, OR 97303
- List price: $735,000
- Beds: 3 | Baths: 3 | Square feet: 2,467
- See 6467 Hogan Dr N, Keizer, OR 97303 on Redfin.com

#2. South Gateway (Salem, OR)

Median sale price: $527,750 | Median days on market: 63 days

1530 Madelyn Ave SE, Salem, OR 97306
- List price: $285,000
- Beds: 2 | Baths: 3 | Square feet: 1,256
- See 1530 Madelyn Ave SE, Salem, OR 97306 on Redfin.com

6147 Quail Hollow St SE, Salem, OR 97306
- List price: $849,000
- Beds: 4 | Baths: 4 | Square feet: 3,439
- See 6147 Quail Hollow St SE, Salem, OR 97306 on Redfin.com

6173 Genesis St SE, Salem, OR 97306
- List price: $480,000
- Beds: 3 | Baths: 3 | Square feet: 1,667
- See 6173 Genesis St SE, Salem, OR 97306 on Redfin.com

925 Denise Ct SE, Salem, OR 97306
- List price: $369,900
- Beds: 3 | Baths: 1 | Square feet: 1,008
- See 925 Denise Ct SE, Salem, OR 97306 on Redfin.com

#3. Croisan (Salem, OR)

Median sale price: $515,000 | Median days on market: 66 days

3601 Augusta National Dr S, Salem, OR 97302
- List price: $1,575,000
- Beds: 4 | Baths: 4 | Square feet: 4,150
- See 3601 Augusta National Dr S, Salem, OR 97302 on Redfin.com

3872 Galloway St S, Salem, OR 97302
- List price: $599,900
- Beds: 3 | Baths: 2 | Square feet: 2,027
- See 3872 Galloway St S, Salem, OR 97302 on Redfin.com

3906 Tayside St S, Salem, OR 97302
- List price: $725,000
- Beds: 3 | Baths: 2.5 | Square feet: 2,483
- See 3906 Tayside St S, Salem, OR 97302 on Redfin.com

4109 Illahe River Ct S, Salem, OR 97302
- List price: $1,134,000
- Beds: 4 | Baths: 2.5 | Square feet: 3,164
- See 4109 Illahe River Ct S, Salem, OR 97302 on Redfin.com

#4. Sunnyslope (Salem, OR)

Median sale price: $507,450 | Median days on market: 55 days

5125 Mountain Crest Way S, Salem, OR 97302
- List price: $660,000
- Beds: 4 | Baths: 3 | Square feet: 2,994
- See 5125 Mountain Crest Way S, Salem, OR 97302 on Redfin.com

5285 Anaconda Dr S, Salem, OR 97302
- List price: $494,900
- Beds: 3 | Baths: 3 | Square feet: 1,763
- See 5285 Anaconda Dr S, Salem, OR 97302 on Redfin.com

5336 Addison Ct S, Salem, OR 97302
- List price: $589,900
- Beds: 5 | Baths: 4 | Square feet: 3,336
- See 5336 Addison Ct S, Salem, OR 97302 on Redfin.com

5986 Evangelista St S, Salem, OR 97306
- List price: $629,900
- Beds: 3 | Baths: 2 | Square feet: 1,864
- See 5986 Evangelista St S, Salem, OR 97306 on Redfin.com

#5. West Salem (Salem, OR)

Median sale price: $492,000 | Median days on market: 50 days

1099 Arthur Way NW, Salem, OR 97304
- List price: $590,000
- Beds: 4 | Baths: 3 | Square feet: 2,148
- See 1099 Arthur Way NW, Salem, OR 97304 on Redfin.com

1637 Ptarmigan St NW, Salem, OR 97304
- List price: $839,900
- Beds: 4 | Baths: 2.5 | Square feet: 3,835
- See 1637 Ptarmigan St NW, Salem, OR 97304 on Redfin.com

1798 Sunburst Ter NW, Salem, OR 97304
- List price: $485,000
- Beds: 3 | Baths: 2 | Square feet: 1,756
- See 1798 Sunburst Ter NW, Salem, OR 97304 on Redfin.com

2754 Inna Ave NW, Salem, OR 97304
- List price: $589,500
- Beds: 4 | Baths: 3 | Square feet: 2,475
- See 2754 Inna Ave NW, Salem, OR 97304 on Redfin.com