Salem, OR Metro Area: Median Home Value Trend
How Salem, OR Metro Area's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$210,100
2023
$389,800
Total change
+$179,700
% change
+85.5%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $210,100 | — |
| 2019 | $250,800 | +$40,700 (19.4%) |
| 2020 | $274,600 | +$23,800 (9.5%) |
| 2021 | $298,400 | +$23,800 (8.7%) |
| 2022 | $358,700 | +$60,300 (20.2%) |
| 2023 | $389,800 | +$31,100 (8.7%) |