Salem, OR

Population: 167,419

Number people living below poverty level: 18.2%

Median home price: $261,081

Home price value: $142,001 - $284,000 49.9%

Median rent: $1,133

Percentage of owner occupied: 50.3%

Percent of renters: 49.7%

Percent of vacant homes: 6.0%

Most common home type: SINGLE FAMILY HOMES 60.2%

Average annual home appreciation rate: 3.10%

Median sale price: $240,000

Median foreclosure sale price: $221,698

Number of homes: 152

Total of homes for sale in this market: 651

Foreclosure discount: $18,303

Unemployment rate: 4.30%