The story of this market
The typical home in ZIP 97360 sells for about $449,655, 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 $1,400 a month.
ZIP 97360 — Mill City
The housing market in the Salem area is currently experiencing a period of stability with minimal year-over-year price fluctuations. Market activity remains somewhat competitive, though inventory levels and sales counts suggest a balanced environment for buyers and sellers. Figures provided reflect the broader Salem market as specific ZCTA-level metrics for 97360 were not available in current reports.
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) · poverty 14.4% — a stable, low-distress profile.
ZCTA 97360
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved for Salem city as proxy for ZCTA 97360 where specific ZCTA-level data was unavailable.
- South Falls District4.911.4 mi
- North Falls4.910.8 mi
- Abiqua Falls Trailhead4.611.8 mi
- South Falls4.911.8 mi
- North Fork Park Lyons4.64.8 mi
- Hannah Covered Bridge4.612.5 mi
- Historic Larwood Covered Bridge4.716.1 mi
- Historic Jordan Covered Bridge4.615.3 mi
- Gardner House Cafe and Bed & Breakfast4.815.6 mi
- Silver Falls State Park4.910.5 mi
- South Falls District4.911.4 mi
- South Falls Lodge Trailhead4.911.6 mi
- Abiqua Falls Trailhead4.611.8 mi
- The Maples Rest Area4.34.5 mi
- Detroit Lake Marina4.516.1 mi
- Dollar General4.20.8 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.