Salem (City), Oregon - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in Salem (City), Oregon in February 2026 was $432,341.46. The month over month percentage change (MoM) was 0.08%, and the year over year percentage change (YoY) was 0.45%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Salem (City), OR. The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for Salem (City), OR.

You can see similar information for other Oregon cities, and for Oregon.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Salem (City), OR - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Salem (City), OR - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 186326.20625508096 0.81 8.08
Feb 2015 188097.31577475448 0.95 8.38
Mar 2015 189904.2367488018 0.96 8.49
Apr 2015 191577.42230596012 0.88 8.60
May 2015 192897.9056403872 0.69 8.49
Jun 2015 194121.19306898897 0.63 8.48
Jul 2015 195492.99154928824 0.71 8.61
Aug 2015 197259.51282496806 0.90 8.95
Sep 2015 199236.25418494586 1.00 9.43
Oct 2015 201588.66546400893 1.18 10.21
Nov 2015 204085.36302948833 1.24 11.06
Dec 2015 206652.45263682035 1.26 11.80
Jan 2016 209169.03089150388 1.22 12.26
Feb 2016 211268.9336620435 1.00 12.32
Mar 2016 213172.5600464258 0.90 12.25
Apr 2016 215023.6380703574 0.87 12.24
May 2016 217162.05635891424 1.00 12.58
Jun 2016 219432.79517759001 1.05 13.04
Jul 2016 221561.1438503205 0.97 13.34
Aug 2016 223775.0943673063 1.00 13.44
Sep 2016 226157.0966919557 1.06 13.51
Oct 2016 228698.52777315618 1.12 13.45
Nov 2016 231308.78722273532 1.14 13.34
Dec 2016 233706.0113457108 1.04 13.09
Jan 2017 235928.81419264464 0.95 12.79
Feb 2017 237816.58749906626 0.80 12.57
Mar 2017 239934.90678591703 0.89 12.55
Apr 2017 242496.33124868656 1.07 12.78
May 2017 245164.99113191126 1.10 12.90
Jun 2017 247744.9960045422 1.05 12.90
Jul 2017 249959.01488384473 0.89 12.82
Aug 2017 252058.1506646229 0.84 12.64
Sep 2017 254028.1022465539 0.78 12.32
Oct 2017 255816.1258722959 0.70 11.86
Nov 2017 257854.86138098943 0.80 11.48
Dec 2017 260182.2289148814 0.90 11.33
Jan 2018 262835.6117862982 1.02 11.41
Feb 2018 265702.6154349831 1.09 11.73
Mar 2018 268923.31058120064 1.21 12.08
Apr 2018 272282.9048781859 1.25 12.28
May 2018 275483.2997747981 1.18 12.37
Jun 2018 277942.57014796726 0.89 12.19
Jul 2018 280407.66173968 0.89 12.18
Aug 2018 282822.81940077315 0.86 12.21
Sep 2018 285241.0792390499 0.86 12.29
Oct 2018 287021.7179812167 0.62 12.20
Nov 2018 288544.7010481363 0.53 11.90
Dec 2018 290160.865217342 0.56 11.52
Jan 2019 292001.88928745553 0.63 11.10
Feb 2019 293879.0014417342 0.64 10.60
Mar 2019 295605.59208936105 0.59 9.92
Apr 2019 297094.24915676453 0.50 9.11
May 2019 298197.9698945479 0.37 8.24
Jun 2019 299376.02786275774 0.40 7.71
Jul 2019 300460.83142280666 0.36 7.15
Aug 2019 301439.2907608102 0.33 6.58
Sep 2019 301874.2135567858 0.14 5.83
Oct 2019 302320.64719087706 0.15 5.33
Nov 2019 303465.9716238403 0.38 5.17
Dec 2019 305298.29074235755 0.60 5.22
Jan 2020 307510.822642849 0.73 5.31
Feb 2020 309660.18308756227 0.70 5.37
Mar 2020 312035.4340787181 0.77 5.56
Apr 2020 314077.1394750814 0.65 5.72
May 2020 315006.16521600756 0.30 5.64
Jun 2020 314955.6549753353 -0.02 5.20
Jul 2020 315293.6482130262 0.11 4.94
Aug 2020 316962.3370192913 0.53 5.15
Sep 2020 320384.69722798734 1.08 6.13
Oct 2020 324845.3823208849 1.39 7.45
Nov 2020 330269.58900354395 1.67 8.83
Dec 2020 336284.837870412 1.82 10.15
Jan 2021 342754.0553484372 1.92 11.46
Feb 2021 349785.1626706536 2.05 12.96
Mar 2021 356660.32954707555 1.97 14.30
Apr 2021 362961.8231013992 1.77 15.57
May 2021 368598.2539542196 1.55 17.01
Jun 2021 373784.83772712736 1.41 18.68
Jul 2021 379174.5294357418 1.44 20.26
Aug 2021 383833.49764971266 1.23 21.10
Sep 2021 387804.83418277645 1.03 21.04
Oct 2021 391217.50111072377 0.88 20.43
Nov 2021 394759.76879812387 0.91 19.53
Dec 2021 398559.4932800965 0.96 18.52
Jan 2022 402999.1731282856 1.11 17.58
Feb 2022 408299.9968965521 1.32 16.73
Mar 2022 414532.26884632994 1.53 16.23
Apr 2022 420769.7182220469 1.51 15.93
May 2022 426077.2020816195 1.26 15.59
Jun 2022 429808.21663129836 0.88 14.99
Jul 2022 431002.3497613002 0.28 13.67
Aug 2022 429749.6744627952 -0.29 11.96
Sep 2022 426843.34834436706 -0.68 10.07
Oct 2022 424083.5861398514 -0.65 8.40
Nov 2022 421849.8655677755 -0.53 6.86
Dec 2022 420046.16457005026 -0.43 5.39
Jan 2023 419004.9491812351 -0.25 3.97
Feb 2023 418255.45624868135 -0.18 2.44
Mar 2023 417824.4635275838 -0.10 0.79
Apr 2023 417288.2047240725 -0.13 -0.83
May 2023 417566.96895445726 0.07 -2.00
Jun 2023 418804.60105620587 0.30 -2.56
Jul 2023 420250.4470828804 0.35 -2.49
Aug 2023 421641.98609738325 0.33 -1.89
Sep 2023 422272.31943304423 0.15 -1.07
Oct 2023 422376.1164444629 0.03 -0.40
Nov 2023 422131.9668371217 -0.06 0.07
Dec 2023 422290.5883203883 0.04 0.53
Jan 2024 422791.0229471054 0.12 0.90
Feb 2024 423958.02332115715 0.28 1.36
Mar 2024 425382.96128589875 0.34 1.81
Apr 2024 426914.3881171965 0.36 2.31
May 2024 427961.4885875918 0.25 2.49
Jun 2024 428317.88557306904 0.08 2.27
Jul 2024 428326.0077636812 0.00 1.92
Aug 2024 428023.1135613441 -0.07 1.51
Sep 2024 428125.7764299828 0.02 1.39
Oct 2024 428396.64677754935 0.06 1.43
Nov 2024 428856.4903364495 0.11 1.59
Dec 2024 429450.5098414844 0.14 1.70
Jan 2025 430080.88431022735 0.15 1.72
Feb 2025 430420.1254975793 0.08 1.52
Mar 2025 430050.3830293265 -0.09 1.10
Apr 2025 429421.346638767 -0.15 0.59
May 2025 428914.65450295014 -0.12 0.22
Jun 2025 428548.8148149338 -0.08 0.05
Jul 2025 428217.71234600665 -0.08 -0.02
Aug 2025 428231.64560134214 0.00 0.05
Sep 2025 428673.87322619883 0.10 0.13
Oct 2025 429480.53267064743 0.19 0.25
Nov 2025 430423.97626766516 0.22 0.37
Dec 2025 431352.84024034376 0.22 0.44
Jan 2026 432012.6917440212 0.15 0.45
Feb 2026 432341.460077089 0.08 0.45