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market report · 97305
Salem, OR · 97305
46 active listings$425,000 median ask$2,436 est. rent0.6% price/rent
$425,000
Median list price
$2,436/mo
Estimated rent
0.6%
Price / rent ratio
46
Listings
FHFA home price index · 2016–2025
102.1% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.49
Median rent / sqft
45 comps
$267.35
Median sold / sqft
45 comps
—
Walkability
4.7%
Area unemployment
BLS LAUS
Median household income $66,326 · median home value $372,200 · ACS 2024.
Natural-hazard risk Very High (FEMA NRI score 98).
15 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
4374 Hazelgreen Rd, Salem, OR 97305
Salem, OR
$55,000$1,549/mo2.8%
4882 Lancaster Dr, Salem, OR 97305
Salem, OR
$85,000$1,928/mo2.3%
5193 Silver Loop, Salem, OR 97305
Salem, OR
$114,500$1,908/mo1.7%
5270 Crystal St, Salem, OR 97305
Salem, OR
$140,000$2,034/mo1.5%
3430 Hidden View Ln, Salem, OR 97305
Salem, OR
$259,900$2,450/mo0.9%
2303 47th Ave, Salem, OR 97305
Salem, OR
$315,000$2,389/mo0.8%