Zip Code: 97306 (Salem, 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 the 97306 Zip Code (Salem, Oregon) in February 2026 was $491,586.244. The month over month percentage change (MoM) was 0.07%, and the year over year percentage change (YoY) was 0.46%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 97306 zip code (Salem, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 97306 zip code (Salem, Oregon).

You can see similar information for other Oregon zip codes, 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.
Zip Code: 97306 (Salem, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 97306 (Salem, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 228916.87441105096 0.94 8.89
Feb 2015 231343.98099168632 1.06 9.36
Mar 2015 233795.2576809599 1.06 9.57
Apr 2015 235885.7548708926 0.89 9.69
May 2015 237490.8944458802 0.68 9.57
Jun 2015 238815.9616358073 0.56 9.47
Jul 2015 240506.70959505078 0.71 9.56
Aug 2015 242625.8073131281 0.88 9.76
Sep 2015 244935.51090888915 0.95 10.06
Oct 2015 247539.09362967845 1.06 10.59
Nov 2015 250435.58504132126 1.17 11.23
Dec 2015 253521.8661540097 1.23 11.79
Jan 2016 256472.83917305645 1.16 12.04
Feb 2016 258732.43061582153 0.88 11.84
Mar 2016 260736.27213661035 0.77 11.52
Apr 2016 262643.63355250744 0.73 11.34
May 2016 264750.14735781495 0.80 11.48
Jun 2016 266685.4432879161 0.73 11.67
Jul 2016 268534.32886476157 0.69 11.65
Aug 2016 270783.3469136452 0.84 11.61
Sep 2016 273490.4893459987 1.00 11.66
Oct 2016 276417.49508557987 1.07 11.67
Nov 2016 279491.56465486385 1.11 11.60
Dec 2016 282403.90536631166 1.04 11.39
Jan 2017 284997.44183107157 0.92 11.12
Feb 2017 286963.8463029537 0.69 10.91
Mar 2017 289029.8800836566 0.72 10.85
Apr 2017 291678.4524319068 0.92 11.06
May 2017 294462.0487996908 0.95 11.22
Jun 2017 297242.22429759573 0.94 11.46
Jul 2017 299539.8854990572 0.77 11.55
Aug 2017 301630.4711474397 0.70 11.39
Sep 2017 303474.14548183413 0.61 10.96
Oct 2017 304986.84315400576 0.50 10.34
Nov 2017 306760.98580816766 0.58 9.76
Dec 2017 309042.19836631394 0.74 9.43
Jan 2018 311821.7124121932 0.90 9.41
Feb 2018 314950.7288288724 1.00 9.75
Mar 2018 318172.4347139047 1.02 10.08
Apr 2018 321519.88756618625 1.05 10.23
May 2018 324678.62197531277 0.98 10.26
Jun 2018 327083.31262977497 0.74 10.04
Jul 2018 329692.40730135835 0.80 10.07
Aug 2018 332200.7524660661 0.76 10.14
Sep 2018 334690.0825494809 0.75 10.29
Oct 2018 336390.0209370342 0.51 10.30
Nov 2018 337938.0826829301 0.46 10.16
Dec 2018 339753.1179727612 0.54 9.94
Jan 2019 341588.4540583492 0.54 9.55
Feb 2019 343201.50465168507 0.47 8.97
Mar 2019 344514.2592060047 0.38 8.28
Apr 2019 345822.40592994826 0.38 7.56
May 2019 346917.50380188593 0.32 6.85
Jun 2019 348391.1099617344 0.43 6.51
Jul 2019 349806.4376311724 0.41 6.10
Aug 2019 351033.0191523631 0.35 5.67
Sep 2019 351383.89530363935 0.10 4.99
Oct 2019 351441.028183294 0.02 4.47
Nov 2019 352035.5875853819 0.17 4.17
Dec 2019 353342.40356388903 0.37 4.00
Jan 2020 355155.0673749124 0.51 3.97
Feb 2020 357221.87069595675 0.58 4.09
Mar 2020 359768.6691781738 0.71 4.43
Apr 2020 362053.44571871497 0.64 4.69
May 2020 363071.8888565002 0.28 4.66
Jun 2020 362932.06887360004 -0.04 4.17
Jul 2020 363272.7451702401 0.09 3.85
Aug 2020 365133.5923479274 0.51 4.02
Sep 2020 368997.03979745746 1.06 5.01
Oct 2020 373960.78387187986 1.35 6.41
Nov 2020 379920.89653215586 1.59 7.92
Dec 2020 386483.3755220592 1.73 9.38
Jan 2021 393455.1259540534 1.80 10.78
Feb 2021 401013.2159486226 1.92 12.26
Mar 2021 408496.68694742053 1.87 13.54
Apr 2021 415441.66693245625 1.70 14.75
May 2021 421821.43380744127 1.54 16.18
Jun 2021 427718.16642360884 1.40 17.85
Jul 2021 434217.4380464744 1.52 19.53
Aug 2021 440317.54912519734 1.41 20.59
Sep 2021 445895.16123884683 1.27 20.84
Oct 2021 450479.6035399386 1.03 20.46
Nov 2021 454639.6750613751 0.92 19.67
Dec 2021 458500.6423430871 0.85 18.63
Jan 2022 462866.66268772766 0.95 17.64
Feb 2022 468267.8036113015 1.17 16.77
Mar 2022 475186.8451666324 1.48 16.33
Apr 2022 482480.9288524151 1.54 16.14
May 2022 488839.49360898446 1.32 15.89
Jun 2022 493378.06601637014 0.93 15.35
Jul 2022 495043.9471965412 0.34 14.01
Aug 2022 493885.88223887375 -0.23 12.17
Sep 2022 490623.0001129491 -0.66 10.03
Oct 2022 487545.429377461 -0.63 8.23
Nov 2022 485061.0157884434 -0.51 6.69
Dec 2022 483060.23342635925 -0.41 5.36
Jan 2023 482134.15624754474 -0.19 4.16
Feb 2023 481377.3628002123 -0.16 2.80
Mar 2023 480490.6792733569 -0.18 1.12
Apr 2023 478685.4228413433 -0.38 -0.79
May 2023 477820.50251437834 -0.18 -2.25
Jun 2023 478363.486215322 0.11 -3.04
Jul 2023 479355.79193545016 0.21 -3.17
Aug 2023 480177.3296069308 0.17 -2.78
Sep 2023 480385.3957110979 0.04 -2.09
Oct 2023 480363.1356980247 0.00 -1.47
Nov 2023 480161.06736508413 -0.04 -1.01
Dec 2023 480294.71419032157 0.03 -0.57
Jan 2024 480643.3248731967 0.07 -0.31
Feb 2024 481821.15098174376 0.25 0.09
Mar 2024 483493.44206148695 0.35 0.63
Apr 2024 485240.90444543486 0.36 1.37
May 2024 486354.30029661115 0.23 1.79
Jun 2024 486631.4710757143 0.06 1.73
Jul 2024 486585.51759419177 -0.01 1.51
Aug 2024 486181.7181546604 -0.08 1.25
Sep 2024 486264.1336769076 0.02 1.22
Oct 2024 486686.0782297428 0.09 1.32
Nov 2024 487215.239697932 0.11 1.47
Dec 2024 487972.68026864855 0.16 1.60
Jan 2025 488664.53124850447 0.14 1.67
Feb 2025 489351.58806097065 0.14 1.56
Mar 2025 489324.7879322443 0.00 1.21
Apr 2025 489131.57421478484 -0.04 0.80
May 2025 489096.80709435325 -0.01 0.56
Jun 2025 488833.3591405347 -0.05 0.45
Jul 2025 488248.81460975384 -0.12 0.34
Aug 2025 487719.53570969455 -0.11 0.32
Sep 2025 487654.8045855465 -0.01 0.29
Oct 2025 488293.3161693833 0.13 0.33
Nov 2025 489259.5990090606 0.20 0.42
Dec 2025 490374.3589459946 0.23 0.49
Jan 2026 491227.1981347695 0.17 0.52
Feb 2026 491586.243986574 0.07 0.46