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Area data

Salem, OR — ZIP 97306

Population: 34,383 (Census ACS)

Home values & appreciation

Median home value
$498,133
1-year appreciation
-0.1%
3-year appreciation
+1.7%
5-year appreciation
+12.3%
10-year appreciation
+81.6%
All-time peak (2022-07)
$505,744
House Price Index
623.5 (+0.5% YoY)

Market activity

Median sale price
$470,000
Median list price
$535,000
Median days on market
272 days
Sale-to-list ratio
94.7%
Active listings
3
1-year forecast
-0.4%
Days to pending
41 days
New listings (monthly)
55

Rents

Typical rent
$1,786/mo
1-year rent change
+1.0%
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
6
Elementary schools
5
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
earthquake, lightning, strongWind, heatWave, iceStorm
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
63.0°F
Average low
44.0°F
Annual precipitation
46.3 in
Annual snowfall
26.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
38
Days with Good air quality
268

Walkability & transit

Walkability index
13.2 / 20
Transit service frequency
840

Amenities

National parks within ~60 mi
1
Nearest national park
Fort Vancouver National Historic Site (58 mi)
Nearest airport
Wagoner Airport (3 mi)
Nearest major airport
Salem-Willamette Valley Airport/McNary Field (SLE) (6 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
2.7 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-237 tax filers

Housing stock

Median year housing built
1,995
Median annual property tax
$4,657
Mean commute to work
18 min
Households with broadband internet
83.1%

Employment & development

Total county employment
130,506
Average weekly wage
$1,036
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
843

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents