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LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+1.3%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$875K+6.1%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$410K+7.8%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$412K+3.4%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$301K+11.1%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$325K-2.3%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$450K+1.1%|Los Angeles · CAMedian List$1M-1.7%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$885K+8.7%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$279K+4.6%|Phoenix · AZMedian List$452K+0.5%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$518K-2.2%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$257K-2.9%|San Diego · CAMedian List$910K+1.1%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.6M-5.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$250K-2.8%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+1.3%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$875K+6.1%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$410K+7.8%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$412K+3.4%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$301K+11.1%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$325K-2.3%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$450K+1.1%|Los Angeles · CAMedian List$1M-1.7%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$885K+8.7%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$279K+4.6%|Phoenix · AZMedian List$452K+0.5%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$518K-2.2%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$257K-2.9%|San Diego · CAMedian List$910K+1.1%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.6M-5.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$250K-2.8%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 97344 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 $1,300 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 97344 — Falls City

Marion County →Polk County →spans 2 countiesSalem marketrefreshed Sep 26, 2026next refresh Oct 26, 2026
Market mood · neutral

The Salem market is currently experiencing a period of stabilization with slight year-over-year price fluctuations. Demand remains measured, supported by a balanced inventory level that provides options for both buyers and renters. Market activity is consistent with broader regional trends in the Pacific Northwest.

Parent geography
Falls City · no city intel reportPolk County →Salem market →Oregon state →
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 29.9 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$449,655
-0.075% year over year
Corroboration pending — anchor baseline forms on the first refresh cycles
Days on market
56 days
Active listings
1,280
Listings with price cuts
24%
share of active listings
Sale-to-list ratio
98.5%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
67
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
50
Growth/100

Median prices moved down 0.1% year over year.

72
Liquidity/100

Homes spend a median of 56 days on market with 2.4 months of supply — a fast-moving market.

65
Momentum/100

24% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.

82
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 12.1% — a stable, low-distress profile.

Census trends · population flowsACS 2020-2024 5-year estimates
Population change
+0.5%

versus the prior ACS vintage

Population base
175,426

ZCTA 97344

Immigration & foreign-bornU.S. Census Bureau ACS · ZIP granular
Foreign-born share
2.3%
Foreign-born residents
36
Naturalized (of foreign-born)
66.7%
Non-citizens (of population)
0.8%
Entered 2010 or later (of foreign-born)
27.8%
World region of birth (foreign-born)
Europe
55.6%
Americas
27.8%
Asia
16.7%

ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.

Discovery profileACS 2020-2024 5-year estimates
Census profile · ZCTA 97344
Population
175,426
Median age
37.5 yrs
Owner-occupancy
58.2%
Median home value
$449,655
Median gross rent
$1,300
Median household income
$68,500
Median year built
1985
Vacancy rate
4.5%
Renter share
41.8%
Owner cost burden
22.5%
Renter cost burden
48.2%
Population change
+0.5%
Work-from-home share
12.5%
Mean commute
22.4 min
Bachelor's or higher
28.5%
Unemployment
4.2%
Poverty rate
12.1%
Avg household size
2.55
White
78.5%
Hispanic
15.2%
Asian
2.5%
Black
1.8%
Other
2%

Data retrieved from data.census.gov ZCTA-level tables.

Major amenities · ZIP 97344
Entertainment venues, stadiums & amphitheaters
3 · 20 mi
Family fun & things to do
6 · 13 mi
Museums, galleries & history
4 · 20 mi
Parks, trails & nature
7 · 13 mi
Shopping & dining districts
1 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.

Sources · 4 cited
Redfin Salem Market TrendsRealtor.com Salem Market OverviewWealthyBud Salem Market DataFRED Salem Housing Inventory

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.