Salem, OR—97317
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$451,000
0.4% YoY Growth
Household Income
$81,200
35.1% YoY Growth
Days on Market
106
29.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$1,740
0.0% YoY Growth
1-Bed Rent
$1,400
15.5% YoY Growth
2-Bed Rent
$1,700
14.1% YoY Growth
3-Bed Rent
$2,200
10.5% YoY Growth
Home Price Trends — Salem, OR
As of Dec '25, the median home price in Salem, OR is $451,000, with a year-over-year change of 0.4%. This indicates that home prices in Salem, OR are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $451,000 | 0.4% |
| Single Family | $452,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |