Area data
Salem, OR — ZIP 97304
Population: 34,879 (Census ACS)
Home values & appreciation
- Median home value
- $504,038
- 1-year appreciation
- +0.8%
- 3-year appreciation
- +2.0%
- 5-year appreciation
- +15.8%
- 10-year appreciation
- +87.0%
- All-time peak (2026-02)
- $506,235
- House Price Index
- 623.5 (+0.5% YoY)
Market activity
- Median sale price
- $564,950
- Median list price
- $500,000
- Median days on market
- 287.5 days
- Sale-to-list ratio
- 96.7%
- Active listings
- 4
- 1-year forecast
- -0.3%
- Days to pending
- 46 days
- New listings (monthly)
- 56
Rents
- Typical rent
- $1,870/mo
- 1-year rent change
- +1.7%
- 1BR fair-market rent
- $1,233/mo
- 3BR fair-market rent
- $2,026/mo
Affordability
- Cost of living index (Above Average)
- 101.5 (100 = US avg)
- Electricity rate (state-level)
- 15.4¢/kWh
- Natural gas rate (state-level)
- $16.70/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 9
- Elementary schools
- 6
- Middle schools
- 2
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- earthquake, heatWave, iceStorm
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 49.3 in
Walkability & transit
- Walkability index
- 12.8 / 20
- Transit service frequency
- 897
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Fort Vancouver National Historic Site (48 mi)
- Nearest airport
- Plum Valley Airport (4 mi)
- Nearest major airport
- Salem-Willamette Valley Airport/McNary Field (SLE) (9 mi)
- Hospitals nearby (~15 mi)
- 4
- Avg hospital rating
- 2.5 / 5
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Migration
- Net migration
- +108 tax filers
Housing stock
- Median year housing built
- 1,989
- Median annual property tax
- $4,633
- Mean commute to work
- 18 min
- Households with broadband internet
- 81.6%
Employment & development
- Total county employment
- 16,571
- Average weekly wage
- $861
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 116
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →