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Advertise here →Salem, OR · Market Data
Salem, Oregon real estate market data.
Real estate market data for Salem, OR (Marion County) — Census median home value $382,400, county listing prices down about 5.6% over the past year.
Salem, OR is in Marion County, Oregon — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 176,666, with a median household income of $71,900. Census data puts Salem's median home value at $382,400 (all owner-occupied homes); Marion County's current median listing price runs $519,125, down about 5.6% over the past year.
At a glance
Salem market snapshot
Population
176,666
Median Household Income
$71,900
Median Home Value (city)
$382,400
Median Listing Price (Marion County)
$519,125
Median Gross Rent
$1,323/mo
Price Trend (YoY)
-5.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Salem different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Salem's median home value — across all owner-occupied homes, not just recent sales — at $382,400. Separately, Marion County's current median listing price (via Realtor.com data, 2026-06-01) runs $519,125. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Marion County's FHFA house price index shows a 2.59% annual change in 2025.
Population & Income
Salem has an estimated population of 176,666 and a median household income of $71,900, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Salem's Census-reported median home value works out to about 5.3x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Salem FAQ
What are home values like in Salem, OR?
The Census Bureau's American Community Survey puts Salem's median home value at $382,400. Marion County's current median listing price runs $519,125, down about 5.6% over the past year.
What is the population of Salem, OR?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Salem's population at approximately 176,666.
What's the median rent in Salem, OR?
The Census ACS estimates median gross rent in Salem at approximately $1,323 per month.
What is the median household income in Salem, OR?
Census ACS data puts the median household income in Salem at approximately $71,900.
Is the Salem housing market growing?
Marion County's FHFA house price index shows a 2.59% annual change in 2025.
Is Salem, OR affordable relative to income?
Census ACS data puts Salem's median home value at about 5.3 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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