Median home value in zip code 97344 (Falls City, OR) is $351,164, down 0.2% year over year. Part of the Salem, OR metropolitan area.

Home Value$351,164

YoY Change

-0.2%

Prices falling — better for buyers.

Affordability

Enter your income for 97344 (Falls City).

Income (annual)

Down Payment

$70,233 on $351,164

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

Stretch34.6% of income

Above 28% but manageable with cuts.

PITI$2,160

P/I34.6%

Afford$285K

Gap-$67K

P&I $1,776Tax $284Ins $100

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

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

Metro Analysis

97344 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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