The story of this market
The typical home in ZIP 97317 sells for about $460,000, or $266 per square foot.
Prices are roughly flat from a year ago (-0.075%), a market in balance. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,592 a month.
ZIP 97317 — Salem
The housing market in ZIP 97317 is characterized by a median home value of approximately $460,000 and a median rent of $1,592. Market conditions are described as having sturdy headwinds, requiring tight underwriting for potential investors.
This ZIP is suited for family buyers and investors who are prepared for a market with thin margins and require careful financial underwriting.
Median prices moved down 0.1% year over year.
Homes spend a median of 56 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 97317, Marion County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The rental market in 97317 shows a median asking rent of $1,592 per month with tight underwriting requirements for investors.
The local economy is centered around the broader Salem market, which serves as the state capital and a hub for government and agricultural services.
Data not available in provided search results.
- Enchanted Forest4.77.3 mi
- Get Air Trampoline Park4.34.2 mi
- Chuck E. Cheese4.16.1 mi
- River Road City Park Splash Pad4.48.1 mi
- Oregon Axe4.97.3 mi
- Wooden Shoe Tulip Farm4.716.7 mi
- Oregon State Fair & Exposition Center4.36.8 mi
- The Oregon Garden4.58.4 mi
- The Kroc Center - Salem, OR3.77.5 mi
- Salem Convention Center4.67.4 mi
- South Falls District4.912.2 mi
- Oregon State Capitol4.46.9 mi
- Willamette Valley Vineyards4.87.5 mi
- Riverfront City Park4.77.6 mi
- The Oregon Garden4.58.4 mi
- Gilbert House Children's Museum4.67.6 mi
- Bush's Pasture Park4.76.9 mi
- Willamette Heritage Center4.76.6 mi
- Powerland Heritage Park4.810.9 mi
- Deepwood Museum & Gardens4.76.8 mi
- South Falls District4.912.2 mi
- Riverfront City Park4.77.6 mi
- The Oregon Garden4.58.4 mi
- Keizer Rapids Park4.610 mi
- Minto-Brown Island Park4.78.7 mi
- Creekside Golf Club4.77.5 mi
- Illahe Hills Country Club4.610.3 mi
- Evergreen Golf Course4.511.8 mi
- McNary Golf Club4.39.8 mi
- Santiam Golf Club Inc4.46.3 mi
- WinCo Foods4.33.9 mi
- Fred Meyer4.15.3 mi
- Fred Meyer4.27 mi
- Keizer Station4.48.9 mi
- Salem Center4.17.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.