Salem, OR

Population
167,419

Average Annual Home Appreciation Rate
3.10%

Total # of Homes for Sale in this Market
651

Median Home Price
$261,081

Median Rent
$1,133

Home Price Range

Median Sales Price
$240,000

Number of "Troubled" homes(in some form of foreclosure)
152

Median Foreclosure Sales Price
$221,698

Foreclosure Discount
$18,303

Most Common Home Type
SINGLE FAMILY HOMES 60.2%

% of Vacant Homes

% of Renters

% of Owner Occupied

People Living Below Poverty Level
18.2%

Unemployment Rate
4.30%

Is this area perfect for Real Estate deals going on right now?