Salem Homes under $2 million

**Discover Salem: A Hidden Gem in the Heart of Oregon**

Welcome to Salem, the capital city of Oregon, where charming neighborhoods meet rich history and vibrant culture. Nestled in the lush Willamette Valley, Salem boasts a picturesque landscape that features rolling hills, scenic parks, and the serene Willamette River. Known for its friendly atmosphere and welcoming community, Salem is a place where you can truly feel at home.

Salem is steeped in history, with landmarks like the Oregon State Capitol and the historic Deepwood Estate. The city is also home to a thriving arts scene, with galleries, theaters, and cultural events that celebrate local talent. Outdoor enthusiasts will appreciate the abundance of parks and recreational opportunities, from hiking trails to serene picnic spots, making it easy to enjoy the beauty of nature.

For those seeking a new home in this enchanting city, Salem offers an impressive selection of properties under $2 million. Whether you’re looking for a cozy bungalow in a family-friendly neighborhood or a spacious modern home with stunning views, there’s something for everyone. Many of these homes feature beautiful landscaping, updated interiors, and easy access to local amenities, ensuring a perfect blend of comfort and convenience.

With a strong sense of community and a variety of educational, recreational, and cultural options, Salem is an ideal place to call home. Explore our listings today and discover the perfect property that fits your lifestyle and budget in this captivating city!

Newest Salem Homes under $2 million

$1,199,000

2 Beds ⋅ 2 Baths ⋅ 73586241 MLS ⋅ ['Riverwalk'] BLDG.

This exceptional residence (Unit 2302) just became available, offering the very best direct water views on the market at RIVERWALK. Situated closest to the waterfront, Unit 2302 offers superior views from every room, while a private balcony captures sweeping river and city vistas. The bright open-concept layout, soaring ceilings, and south-facing oversized windows are sure to impress the most discerning buyers. This newer-construction (2025) residence offers two primary suites, two full baths, and a separate home office. The chef’s kitchen features a beautiful center island clad in stone, Bosch stainless steel appliances, including a state-of-the-art induction range, custom cabinetry, stone countertops, and a matching stone backsplash. The primary suite features a walk-in closet and spa-like bath with heated floors, heated towel rack, double vanity, seamless glass shower, and smart bidet. Unit 2302 also comes with two deeded parking spaces, including one heated garage space, plus a private storage room—valuable upgrades purchased separately by the current owner. Elevator service adds convenience, while common amenities include a clubroom lounge and fitness center, both currently under construction, plus a riverside outdoor kitchen and patio area. Leave your car at home—downtown Salem’s restaurants, shops, museums, and commuter rail to Boston are all just minutes away. This is a must-see residence at Salem’s premier waterfront condominium community. Easy to show!

16 Franklin Street Unit 2302, Salem

Listing courtesy of Listing Agent: Mark M. Wade from Listing Office: Coldwell Banker Realty - Marblehead.

$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

Listing courtesy of Listing Agent: Lisa Berry from Listing Office: Simply Sell Realty.

$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

Listing courtesy of Listing Agent: Anthony Gallo from Listing Office: RE/MAX 360.

$995,000

4 Beds ⋅ 3 Baths ⋅ 73584805 MLS

Welcome to the Salem Willows, where seaside living, spectacular gardens and a truly distinctive home come together. Offering 2,766 SF of finished living space, this 4-bedroom, 3-bath home has wonderful room to gather, entertain and simply settle in. The light-filled first floor unfolds with a spacious living room warmed by a wood stove, formal dining room with skylights, comfortable family room, kitchen and full bath with jacuzzi tub and laundry. Upstairs are four bedrooms and two additional baths, including a spacious primary bedroom with beamed cathedral ceiling and skylights. But keep going! Tucked at the top of the house, the third-floor tower room is an unexpected gem, with views across Juniper Cove to Marblehead beyond. It’s an irresistible spot for a home office, reading room or peaceful retreat. Outside, lush, established gardens envelop the property, creating a private oasis for morning coffee, summer gatherings and enjoying the changing seasons, with a garden shed tucked naturally into the landscape. Thoughtful updates include: new roof and 28 owned solar panels (2023), seven mini-splits for heat and A/C and exterior paint (2024), and a freshly painted interior (2026). Spacious, inviting and wonderfully unique, this is a home with a sense of place - all in the special seaside setting of the Salem Willows.

17 Sutton Ave, Salem

Listing courtesy of Listing Agent: Julie Andrews from Listing Office: Keller Williams Realty Evolution.

$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

Listing courtesy of Listing Agent: Melissa Weinand from Listing Office: The Proper Nest Real Estate.

$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

Listing courtesy of Listing Agent: Paul DiPietro from Listing Office: RE/MAX Beacon.

$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

Listing courtesy of Listing Agent: Joseph Bean from Listing Office: Joe Bean Real Estate.

$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

Listing courtesy of Listing Agent: Daniel Meegan from Listing Office: J. Barrett & Company.

$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

Listing courtesy of Listing Agent: Gian Paul Sanseverino from Listing Office: Coldwell Banker Realty - Lexington.

$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

Listing courtesy of Listing Agent: Frank Celeste from Listing Office: Gibson Sotheby's International Realty.

$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.

$580,000

2 Beds ⋅ 3 Baths ⋅ 73582380 MLS

Presenting a distinguished townhouse residence at 18 Indian Hill Lane, a property originally constructed in 1986. Encompassing 2219 square feet of meticulously designed living space spread over 3 amply spacious floors. Open space layout with updated appliances, newer central air setup, replacement windows, updated electrical, hardwood floors in main living area, updated vanities in the bathrooms, finished hardwood kitchen cabinets with plenty of closet space as well. There is an abundance of closets throughout the townhouse including a walk-in closet in the master and guest bedrooms. This residence includes a dedicated garage space and driveway space as well as plus plenty of spots available for guests conveniently located right next to the townhouse. Providing easy and secure parking. We invite you to discover the refined potential of this exceptional townhouse.

18 Indian Hill Lane Unit 18, Salem

Listing courtesy of Listing Agent: Timothy Fahy from Listing Office: ERA Millennium.

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