Home values, rents and more in ZIP code 97302 (Salem, OR)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 97302 in ProMap- Under $440k
- $440k–$460k
- $460k–$480k
- $480k–$500k
- $500k+
- No data
How 97302 compares
The typical home in ZIP code 97302 (Salem, OR) is worth about $456,000, according to the Zillow Home Value Index for September 2026. Home values in 97302 are about the same as the typical value in the Salem metro area ($447,000) and 25% above the U.S. typical value ($366,000).
Over the past year, home values in 97302 fell 0.1%, compared with +0.4% in the Salem metro area and +1.2% nationally.
Typical rent is $1,520 a month (Zillow Observed Rent Index), 8% below the Salem metro area ($1,646) and 21% below the U.S. ($1,932). Rents fell 1.6% over the past year.
The median household income is $85,833, against $78,900 in the Salem metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 40,799 people live in 97302 (American Community Survey 2020–24).
97302 has the 11th-lowest typical home value of the 30 ZIP codes in the Salem metro area and the 170th-highest of 339 in Oregon with Zillow figures.
Part of: Salem, OR · Marion County, OR · Salem metro area · Oregon
More for 97302 in ProMap Plus
These measures are on the map for subscribers. Open ProMap to see them for 97302 and every other place.
- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.