Median home value in zip code 97306 (Salem, OR) is $491,586, up 0.5% year over year. Part of the Salem, OR metropolitan area.

Home Value$491,586

YoY Change

+0.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 97306 (Salem).

Income (annual)

Down Payment

$98,317 on $491,586

Example: $75,000 household income. Change it above to see your own.

Out of reach47.7% of income

Need $127,843/yr to afford.

PITI$2,983

P/I47.7%

Afford$288K

Gap-$203K

P&I $2,486Tax $397Ins $100

6.50% 30yr, 20% down, county tax + OR ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

97306 is part of the Salem, OR metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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