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market report · 97302
Salem, OR · 97302
93 active listings$475,000 median ask$2,514 est. rent0.5% price/rent
$475,000
Median list price
$2,514/mo
Estimated rent
0.5%
Price / rent ratio
93
Listings
FHFA home price index · 2016–2025
89.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.28
Median rent / sqft
89 comps
$266.14
Median sold / sqft
89 comps
—
Walkability
4.7%
Area unemployment
BLS LAUS
Median household income $85,833 · median home value $446,400 · ACS 2024.
Natural-hazard risk Very High (FEMA NRI score 99).
14 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
3572 Turner Rd, Salem, OR 97302
Salem, OR
$47,500$1,733/mo3.6%
3564 Turner Rd, Salem, OR 97302
Salem, OR
$125,000$1,864/mo1.5%
4940 Sunnyside Rd, Salem, OR 97302
Salem, OR
$115,000$1,664/mo1.4%
3314 Turner Rd, Salem, OR 97302
Salem, OR
$150,000$1,967/mo1.3%
2270 Hoyt St, Salem, OR 97302
Salem, OR
$277,000$2,322/mo0.8%
3335 Maywood Dr, Salem, OR 97302
Salem, OR
$235,000$1,882/mo0.8%