Salem, Oregon is a capital city with everything to offer residents and visitors alike. And one of the best things it can give to you is a great home in some of the best neighborhoods in the country. Whether you're coming from condo real estate in Toronto or a country home in the South, there is something to suit your style in Salem.

The cost of living in Salem is slightly below the national average of 100, currently sitting at 96.6. The cost of a home is also very reasonable. The average listing price for a home in Salem is $292,000. But homes are selling for closer to a median sale price of $185,000. This means that everyone from Salem residents looking for their first home purchase to those coming from as far as Mississauga Ontario real estate will be able to find that perfect home.

The neighborhood getting the most attention right now is the West Salem district. Homes in this section of the city are averagely priced compared to the rest of Salem but the median sale price is significantly higher at $230,000. This is due to the desire by so many to live in this great neighborhood. It is located on the other side of the Willamette River and is the region of Salem in Polk County. If you're used to homes in Hudson Valley this little hideaway from the downtown core might be for you.

South Gateway and South Salem are also gaining in popularity. Homes in South Gateway are being sold for close to their asking prices of around $255,000. South Salem homes are listed for higher prices around $313,000 but are selling for around $220,000. South Salem is located just below the downtown area while South Gateway is further down. So if you're looking for something similar to Leslieville real estate, you might want to look at South Salem.

For those looking for a good investment property, Southeast Mill Creek homes have been gaining the most ground in the last few months. Highland and Morningside also have homes with rising prices. Those looking for something comparable to Toronto lofts or more high-end real estate need to look into living in the Central Area of the city or Croisan-Illahe. Homes in these areas are listed for over $300,000.

There are also several students living in the city between Willamette University and Corban College. Willamette is located right in the Central Area of the city, but if you're looking for something close that's a little more affordable, you may want to look in Southeast Salem. Nestled in the Willamette Valley and along the river with the same name, this city of just over 150,000 people could be the right place for you. As the capital of the state, Salem is full of great cultural and historical locations and has a fantastic selection of homes.