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355 24th St SE, Salem, OR, 97301

2beds
1baths
1,548sqft
$369,900
$239price/sqft
$2,784/moest. monthly cost
$111,360/yrincome needed

About This Home

New roof installed April 2026. $5000 seller credit towards buyer closing cost. stylishly updated turn-of-the-century home in a central Salem location. This charming property blends classic character with modern upgrades, including a kitchen and bathroom, custom tile work, new flooring, fresh interior paint, and a new furnace. Enjoy tall ceilings, abundant natural light, and a versatile loft space perfect for a home office, guest area, playroom, or creative studio. The full-service laundry room, while the fenced yard provides privacy and outdoor enjoyment. The owner especially loves the farmhouse-style sliding door, generous storage throughout, and the unique architectural details that make this home feel warm and inviting. Recent updates include an updated kitchen and bathroom, custom tile work, new flooring, fresh interior paint, and a new furnace.Enjoy a fenced yard, spacious laundry room, and ample driveway parking for multiple vehicles, RV, or boat. Conveniently located near schools, bus lines, shopping, Willamette University, and Salem Hospital.

Getting Around

61
WalkingSomewhat Walkable
37
TransitSome Transit
81
BikeVery Bikeable

Schools

5/10
5/10
Leslie Middle SchoolGrades 6-82.2 mi
5/10
South Salem High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Continuous

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Area (Combination)

Features

  • Flooring: Carpet

Interior Area

  • Total structure area: 1,548
  • Total interior livable area: 1,548 sqft

Property

Details

  • Parcel number: 587299
  • Zoning: rs

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 4,792 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,870$22,440
Home Insurance *$101$1,212
Property Taxes $637$7,644
Electricity $176$2,119
Total$2,784$33,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,451/yr
40% on housing$83,520/yr
45% on housing$74,240/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$239This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$183
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97301$269
Marion County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Price change$374,900
2026-04-20Listed for sale$375,900
2026-04-09Contingent$369,900
2026-03-30Price change$369,900
2026-03-11Listed for sale$375,000
2024-08-21Listing removed$330,000
2021-08-20Sold$320,000
2021-07-13Pending sale$330,000
2021-07-13Contingent$330,000
2021-07-07Listed for sale$320,000
2019-07-05Sold$208,000
2019-06-26Pending sale$199,900
2019-05-24Listed for sale$199,900

For Sale by Agent

AgentCRYSTAL QIAN HU
BrokerageExp Realty, Llc

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