Salem Real Estate

Block 50 Returns To Salem Agenda As City Advances Environmental Prep On Key Downtown Site

Marion Parkade Revitalization Begins, Bringing Months Of Phased Work To Downtown Salem Parking Hub

South Salem Annexation and Multifamily Rezoning at 5524 Skyline Road S Advance to Second Reading

ideabox Says Interest in Prefab Housing Is Expanding in Oregon

For years, prefab housing sat outside the mainstream, often dismissed as too limited or too far removed from conventional homebuilding. Salem-based ideabox has spent the last two decades try...

Electric Alley Closed To Cars Through May 9 As Electro Apartment Work Gets Underway

Drivers can’t cut through Electric Alley right now, and that change is expected to last through May 9, 2026. For the small businesses tucked into the alleyway, the closure isn’t...

Commercial Market Defined by Discipline

By: Curt Arthur & Deanna Gwyn The Mid-Valley real estate picture in 2026 is being shaped less by fast growth and more by restraint — tighter deal standards on the...

Salem Economic Forum- Steady Multifamily, Small-Shop Retail Momentum, And A Longer Permitting Clock

Quick Summary- Click here! Retail leasing picked up in 2025 as smaller-format deals drove volume, while landlords and tenants paid closer attention to pass-through costs like security and ta...

Salem City Council backs broad renter-protection research plan after narrower proposal collapses

Salem City Council voted Monday night to direct city staff to begin researching ways the city could help keep renters housed, approving a broad information-gathering motion after a more deta...

Hunsaker Dental to celebrate opening of new Salem building with Jan. 12 ribbon cutting

Hunsaker Dental plans a ribbon cutting ceremony Monday, Jan. 12, to mark the opening of its new Salem building, a move the practice says was driven by growth and the...

El Torito Supermarket to Open Downtown Salem Grocery Store in Former Rite Aid Building

The long-empty former Rite Aid building at 435 Liberty St. NE has a new tenant lined up: El Torito Supermarket. Owners Lily Perez and Alfredo Mendez say they got the...

Rising Costs Crush Plans to Transform Salem’s J.C. Penney Building

SALEM, Ore. — A highly anticipated effort to redevelop the former J.C. Penney building in downtown Salem has been called off, marking a setback for one of the city’s most visible...

Salem Academy Christian Schools Selects Rich Duncan Construction for Major Campus Expansion

Salem Academy Christian Schools has chosen Rich Duncan Construction to lead a major expansion. The project will rise on the academy’s Lancaster Drive campus. It is set for completion in...

Real Estate Market Shows Resiliency, Though Challenges Persist

By: Ian Levin,Chapter President of CCIM Institute and Commercial Investment Member at NLCO and Deanna Gwyn, Principal Broker at Windermere Heritage in Salem and Treasurer of the Mid Valley A...

CLINK! Bistro Opens at The Forge, Anchoring Downtown Salem Redevelopment

SALEM, Ore. — Sept. 10, 2025. A new French-American bistro opened today on the second floor of The Forge, the redeveloped Liberty Plaza building in downtown Salem. CLINK! is led...

Preserving History, Preparing for the Unexpected: Salem Civic Center Faces the Future

Salem’s Civic Center, a fixture in Oregon’s capital since the early 1970s, is about to undergo a long-anticipated transformation. Designed in the New Brutalist style and listed on the Nation...

Legislature Seeks To Send Squatters Packing

Violet Wilson has seen it many times. A longtime property manager in Salem, Wilson has confronted the nightmare of the squatter. She remembers vividly one incident when a tenant moved...

From Slowdown to Stabilization: What’s Next for Salem Retail?

Salem’s retail market in 2024 saw a slowdown in leasing activity, with total square footage leased dropping by over 34% and the average lease size shrinking by nearly 18% compared...

What Property Owners Need to Know About the NFIP-ESA Integration

The Federal Emergency Management Agency (FEMA) manages the National Flood Insurance Program (NFIP) and local governments must comply with FEMA requirements for property owners in their commu...

2025 Housing Market Outlook: A Cautious Yet Optimistic Rebound

The housing market is poised for a potential rebound in 2025, with industry experts expressing cautious optimism about rising inventory and stabilizing mortgage rates. After two years of slu...

1803 Neighborhood Revival and Hope Fund

Rukaiyah Adams is determined to revitalize Portland's Albina neighborhood through the 1803 Fund, which addresses economic disparities faced by Black communities. Launched in 2020, the Fund h...