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Salem, OR 97306 Homes For Sale
The median home value in Salem, OR 97306 is $448,000. This is higher than the county median home value of $411,100. The national median home value is $338,100. The average price of homes sold in Salem, OR 97306 is $448,000. Approximately 62.33% of Salem, OR 97306 homes are owned, compared to 33.73% rented, while 3.94% are vacant. Salem, OR 97306 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Salem, OR 97306 real estate agent to arrange a tour today!
Learn More About Salem, OR 97306 Real EstateStatistics & facts
29,530
Population
$448K
Medium Home Value
13,032
# of Households
3.94%
Housing Vacancy
39.87%
Future Job Growth
2.90%
Unemployment Rate
For Sale
$1,100,000
6
bd
5
ba
6,777
sqft
7002 RAINBOW Dr
Salem, OR 97306
Listing Courtesy of: coldwellbanker@cboregon.com Jake Lucey - Coldwell Banker Mountain West 503-364-9596
For Sale
$525,000
4
bd
3
ba
2,066
sqft
2675 Eastlake Dr SE
Salem, OR 97306
Listing Courtesy of: Direc: 503-485-1900 GLADYS BLUM - BLUM REAL ESTATE 503-485-1900
For Sale
$950,000
4
bd
2
ba
3,344
sqft
8032 Liberty Rd S
Salem, OR 97306
Listing Courtesy of: Cell: 503-551-5788 KELLY MARTIN - REALTY ONE GROUP WILLAMETTE VALLEY 503-990-7137
For Sale
$184,999
3
bd
2
ba
1,323
sqft
5030 Cumberland SE
Salem, OR 97306
Listing Courtesy of: Agent: 503-300-6330 GREG MESSICK - REALTYNET 503-300-6330
For Sale
$414,900
3
bd
2
ba
1,512
sqft
1551 Bunker Hill Rd S
Salem, OR 97306
Listing Courtesy of: CELL: 503-559-8484 KELSEY ELLIOTT - EXP REALTY, LLC 888-814-9613
For Sale
$550,000
6
bd
3
ba
2,325
sqft
5080 10TH Pl
Salem, OR 97306
Listing Courtesy of: Barbara Jager - Coldwell Banker Professional 503-538-0468
For Sale
$399,900
3
bd
2
ba
1,874
sqft
5843 Fountainhead St SE
Salem, OR 97306
Listing Courtesy of: Cell: 503-602-1039 TREVOR ELLIOTT - HOMESMART REALTY GROUP 971-599-5865
For Sale
$1,100,000
6
bd
5
ba
6,777
sqft
7002 Rainbow Dr SE
Salem, OR 97306
Listing Courtesy of: Direc: 503-999-6578 JAKE LUCEY - COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. 503-364-9596
For Sale
$517,779
3
bd
3
ba
2,247
sqft
206 KEVIN Way
Salem, OR 97306
Listing Courtesy of: Matt Kennedy - RE/MAX Equity Group 503-626-4600
For Sale
$517,779
3
bd
3
ba
2,247
sqft
206 Kevin Wy SE
Salem, OR 97306
Listing Courtesy of: Agent: 503-314-7086 MATT KENNEDY - RE/MAX EQUITY GROUP 503-670-3000
For Sale
$625,000
4
bd
3
ba
2,735
sqft
6031 Sawgrass St SE
Salem, OR 97306
Listing Courtesy of: Cell: 503-551-5788 KELLY MARTIN - REALTY ONE GROUP WILLAMETTE VALLEY 503-990-7137
For Sale
$550,000
6
bd
3
ba
2,325
sqft
5080 10th Pl S
Salem, OR 97306
Listing Courtesy of: Cell: 503-510-9106 BARBARA JAGER - COLDWELL BANKER PROFESSIONAL GROUP 503-538-0468
For Sale
$488,000
3
bd
3
ba
1,860
sqft
1344 Marstone Ct SE
Salem, OR 97306
Listing Courtesy of: CELL: 503-510-1068 SAFFORD CARPENTER - PREMIERE PROPERTY GROUP, LLC 971-707-4282
For Sale
$420,000
4
bd
3
ba
1,402
sqft
1423 CEDARCREST Ct
Salem, OR 97306
Listing Courtesy of: Shelli McKenzie - Windermere Heritage 503-558-4400
For Sale
$219,900
2
bd
1
ba
840
sqft
775 Boone Rd SE
Salem, OR 97306
Listing Courtesy of: Cell: 541-570-9121 LISA LANG - PREMIERE PROPERTY GROUP, LLC ALBANY 541-730-4830
For Sale
$279,900
2
bd
2
ba
1,116
sqft
1345 Madras St SE
Salem, OR 97306
Listing Courtesy of: GREG and JUDY GYSIN - PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM 503-585-1970
For Sale
$260,000
2
bd
2
ba
991
sqft
2174 MAPLEWOOD Dr
Salem, OR 97306
Listing Courtesy of: Rick Brainard - Premiere Property Group, LLC 503-670-9000
For Sale
$260,000
2
bd
2
ba
991
sqft
2174 Maplewood Dr S
Salem, OR 97306
Listing Courtesy of: Cell: 503-807-0143 DANIELLE EASTERLY - PREMIERE PROPERTY GROUP, LLC 971-707-4282
For Sale
$575,000
3
bd
3
ba
2,362
sqft
2160 Landau St SE
Salem, OR 97306
Listing Courtesy of: 971-208-5093 AMY MCLEOD P.C. - KELLER WILLIAMS CAPITAL CITY 503-798-4001
For Sale
$424,500
3
bd
2
ba
1,219
sqft
5489 Brookwood St S
Salem, OR 97306
Listing Courtesy of: Cell: 541-250-1065 TIM RIST - DORE 541-250-1065
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Listing data is copyright© 2025 Willamette Valley MLS.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings sourced from RMLS™ of Portland Oregon are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright 2025, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Population
Salem, OR 97306 has a population of approximately 29,530 and experiences a population change rate of 29.99%. The population density is 886.6 / sq mi.
Household
The median household income for Salem, OR 97306 is $75,653, with 13,032 households and an average household size of 2.56.
Cost of Living
The cost of living index in Salem, OR 97306 is 115.5%.
Home Value
The median value of a home in Salem, OR 97306 is $448,000 with an appreciation rate of 14.2%. 62.3% of housing in the zip code is owned while 33.7% is rented.
Employment
The unemployment rate in Salem, OR 97306 is 2.90%, and recent job growth is at -0.49%. Future job growth is projected at 39.87%.
Taxes
The sales tax rate in Salem, OR 97306 is 0.00%, while the income tax rate is 8.75%.
Education
School expenditures in Salem, OR 97306 are $17,073, and the school ratio is 18.4:1.
Weather
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 34.6 degrees. The average rainfall is approximately 46.4 inches per year, with 3.9 inches of snow per year.
Education near Salem OR, 97306
| Metric | City | County |
|---|---|---|
| High School Graduates | 88.4 | 85.67 |
| College Degree - 2 year | 9.42 | 9.5 |
| College Degree - 4 year | 30.04 | 24.51 |
| Graduate Degree | 8.43 | 6.3 |
| Expenditures per Student | $17,073 | $17,073 |
| Students per Teacher | 18.40 | 18.40 |
Elementary Schools near Salem OR , 97306
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Auburn Elementary School | KG - 05 | 646 | 20.7 | 97301 |
| Battle Creek Elementary School | KG - 05 | 527 | 23.4 | 97306 |
| Candalaria Elementary School | KG - 05 | 352 | 23.2 | 97302 |
| Cesar E Chavez Elementary | KG - 05 | 580 | 24.5 | 97305 |
| EYRE Elementary School | KG - 05 | 598 | 22.2 | 97301 |
| Four Corners Elementary School | KG - 05 | 521 | 20.3 | 97317 |
| Kalapuya Elementary School | KG - 05 | 614 | 22.8 | 97304 |
| Keizer Elementary School | KG - 05 | 657 | 22.9 | 97303 |
| Lee Elementary School | KG - 05 | 318 | 21.2 | 97306 |
| Liberty Elementary School | KG - 05 | 378 | 22.3 | 97306 |
| McKinley Elementary School | KG - 05 | 334 | 22.3 | 97302 |
| Morningside Elementary School | KG - 05 | 386 | 23.1 | 97302 |
| Pringle Elementary School | KG - 05 | 525 | 24.6 | 97306 |
| Salem Heights Elementary School | KG - 05 | 288 | 23 | 97302 |
| Schirle Elementary School | KG - 05 | 445 | 23.2 | 97302 |
| Scott Elementary School | KG - 05 | 623 | 21.2 | 97305 |
| Sumpter Elementary School | KG - 05 | 500 | 23.9 | 97306 |
| Swegle Elementary School | KG - 05 | 549 | 22 | 97301 |
| Wright Elementary School | KG - 05 | 428 | 22.6 | 97302 |
| Yoshikai Elementary School | KG - 05 | 536 | 22.9 | 97305 |
Middle Schools near Salem OR , 97306
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Claggett Creek Middle School | 06 - 08 | 924 | 24.2 | 97303 |
| Crossler Middle School | 06 - 08 | 692 | 25.2 | 97306 |
| Houck Middle School | 06 - 08 | 972 | 21 | 97301 |
| Howard Street Charter School | 06 - 08 | 161 | 31.2 | 97302 |
| Judson Middle School | 06 - 08 | 932 | 24.9 | 97302 |
| Leslie Middle School | 06 - 08 | 767 | 23.2 | 97302 |
| Parrish Middle School | 06 - 08 | 670 | 18.9 | 97301 |
| Stephens Middle School | 06 - 08 | 1053 | 21.9 | 97305 |
| Straub Middle School | 06 - 08 | 585 | 21.3 | 97304 |
| Waldo Middle School | 06 - 08 | 926 | 19.6 | 97301 |
| Walker Middle School | 06 - 08 | 612 | 21.6 | 97304 |
| Whiteaker Middle School | 06 - 08 | 733 | 23.2 | 97303 |
High Schools near Salem OR , 97306
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| McKay High School | 09 - 12 | 2225 | 25.5 | 97305 |
| McNary High School | 09 - 12 | 2055 | 24.7 | 97303 |
| North Salem High School | 09 - 12 | 1846 | 24.4 | 97301 |
| South Salem High School | 09 - 12 | 1904 | 24.4 | 97302 |
| Sprague High School | 09 - 12 | 1692 | 24.5 | 97302 |
| West Salem High School | 09 - 12 | 1732 | 24.5 | 97304 |
Ungraded Schools near Salem OR , 97306
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Early College High School | 09 - 12 | 208 | 12.6 | 97305 |
| * Roberts High School | 07 - 12 | 454 | 12.6 | 97301 |
