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Salem Metro Area Housing

 

As of 2010-2014, median price of a house in Salem Area is $191,100, which is lower than the state average of $234,100 and is higher than the national average of $175,700. The median year that a house in Salem Area was built is 1978, which is about the same as the median year for a house built in the state which is 1977 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 86,159 Owner Occupied Houses in Salem Area, #133
Salem Area
191,100 USD
Oregon
234,100 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Salem Area
-4.97%
Oregon
53.91%
U.S.
46.91%

*The Salem Area median house price growth rate is since 2005-2009. The Oregon and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Salem AreaOregonU.S.
Total Housing Units152,151, see rank, 100%1,685,814132,741,033
Occupied Housing Units142,136, 93.42%, see rank90.34%87.55%
Owner Occupied86,159, 56.63%, see rank55.57%56.34%
Renter Occupied55,977, 36.79%, see rank34.77%31.21%
Vacant Housing Units10,015, 6.58%, see rank9.66%12.45%
For Rent2,415, 1.59%, see rank1.69%2.34%
For Sale Only1,155, 0.76%, see rank1.09%1.20%
Rented or Sold, Not Occupied625, 0.41%, see rank0.79%0.92%
For Seasonal, Recreational, or Occasional Use1,553, 1.02%, see rank3.53%3.97%
For Migrant Workers32, 0.02%, see rank0.04%0.03%
Other Vacant4,235, 2.78%, see rank2.53%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #344
Salem AreaOregonU.S.
197819771976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Salem Area%OregonU.S.
Owner-Occupied Units86,159100%936,80674,787,460
With a Mortgage59,45069.00%, see rank68.22%65.58%
Without a Mortgage26,70931.00%, see rank31.78%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Salem Area
1,464 USD
Oregon
1,591 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSalem Area%OregonU.S.
$299 or Less1620.27%, see rank0.20%0.20%
$300 to $4997881.33%, see rank1.25%1.59%
$500 to $6992,0643.47%, see rank3.37%5.01%
$700 to $9996,83211.49%, see rank10.52%14.32%
$1,000 to $1,49921,46436.10%, see rank29.19%27.90%
$1,500 to $1,99916,19827.25%, see rank26.64%20.35%
$2,000 to $2,9999,85516.58%, see rank21.71%19.52%
$3,000 or More2,0873.51%, see rank7.11%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem Area
25.70% of the Total Income
Oregon
25.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Salem Area%OregonU.S.
10% or Less2,3884.02%, see rank4.64%5.86%
10% to 20%16,49127.74%, see rank27.53%31.95%
20% to 30%17,62229.64%, see rank29.39%27.64%
30% to 40%9,58716.13%, see rank15.83%13.74%
40% or More13,19822.20%, see rank22.13%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Salem Area
461 USD
Oregon
464 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSalem Area%OregonU.S.
$199 or Less1,5675.87%, see rank6.78%7.76%
$200 to $2992,5929.70%, see rank12.06%14.70%
$300 to $49911,73643.94%, see rank38.27%34.63%
$500 to $6997,57928.38%, see rank26.55%21.16%
$700 or More3,23512.11%, see rank16.35%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem Area
12.40% of the Total Income
Oregon
12.70% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Salem Area%OregonU.S.
10% or Less10,49439.29%, see rank38.74%40.19%
10% to 20%8,49631.81%, see rank32.07%31.47%
20% to 30%3,41712.79%, see rank12.87%12.24%
30% to 40%1,7716.63%, see rank5.91%5.64%
40% or More2,3188.68%, see rank9.37%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Salem AreaOregonU.S.
Total Housing Units152,151, 100%1,685,814132,741,033
1-unit, Detached97,671, 64.19%, see rank63.70%61.65%
1-unit, Attached6,706, 4.41%, see rank4.42%5.82%
2 Units3,518, 2.31%, see rank2.87%3.75%
3 or 4 Units7,732, 5.08%, see rank4.41%4.43%
5 to 9 Units7,804, 5.13%, see rank4.41%4.78%
10 or More Units15,858, 10.42%, see rank11.63%13.08%
Mobile Home, Boat, RV, Van, etc.12,862, 8.45%, see rank8.55%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Salem AreaOregonU.S.
Total Housing Units152,151, 100%1,685,814132,741,033
1 Room2,456, 1.61%, see rank2.21%1.95%
2 Rooms3,819, 2.51%, see rank3.46%2.48%
3 Rooms10,445, 6.86%, see rank8.58%9.13%
4 Rooms27,659, 18.18%, see rank17.74%16.60%
5 Rooms33,550, 22.05%, see rank20.85%20.41%
6 Rooms28,886, 18.99%, see rank17.61%18.06%
7 Rooms18,479, 12.15%, see rank11.97%12.27%
8 Rooms11,867, 7.80%, see rank7.73%8.48%
9 Rooms or More14,990, 9.85%, see rank9.85%10.60%
Median Rooms5.40, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Salem AreaOregonU.S.
Total Housing Units152,151, 100%1,685,814132,741,033
No Bedroom2,638, 1.73%, see rank2.52%2.17%
1 Bedroom12,913, 8.49%, see rank10.17%11.16%
2 Bedrooms42,946, 28.23%, see rank28.12%26.69%
3 Bedrooms68,241, 44.85%, see rank41.99%39.70%
4 Bedrooms20,271, 13.32%, see rank13.78%16.05%
5 or More Bedrooms5,142, 3.38%, see rank3.42%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Salem AreaOregonU.S.
Total Housing Units142,136, 100%1,522,988116,211,092
Utility Gas58,561, 41.20%, see rank38.19%48.85%
Bottled, Tank, or LP Gas1,570, 1.10%, see rank1.64%4.86%
Electricity70,146, 49.35%, see rank49.20%36.68%
Fuel Oil, Kerosene, etc.2,975, 2.09%, see rank2.78%5.86%
Coal or Coke8, 0.01%, see rank0.01%0.12%
Wood7,592, 5.34%, see rank7.04%2.12%
Solar Energy36, 0.03%, see rank0.05%0.05%
Other Fuel838, 0.59%, see rank0.77%0.47%
No Fuel Used410, 0.29%, see rank0.33%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSalem AreaOregonU.S.
Occupied Units Paying Rent54,121, 100%561,17339,201,928
$199 or Less786, 1.45%, see rank1.32%1.50%
$200 to $2991,264, 2.34%, see rank2.39%3.18%
$300 to $4993,434, 6.35%, see rank5.58%7.37%
$500 to $69913,051, 24.11%, see rank15.63%16.01%
$700 to $99920,208, 37.34%, see rank37.30%29.17%
$1,000 to $1,49911,573, 21.38%, see rank26.96%26.88%
$1,500 to $1,9992,645, 4.89%, see rank7.51%9.79%
$2,000 or More1,160, 2.14%, see rank3.30%6.10%
Median$797, see rank$894$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Salem AreaOregonU.S.
Occupied Housing Units142,136, 100%1,522,988116,211,092
No Vehicles Available10,371, 7.30%, see rank8.00%9.12%
1 Vehicles Available45,290, 31.86%, see rank32.67%33.80%
2 Vehicles Available55,477, 39.03%, see rank38.13%37.48%
3 or More Vehicles Available30,998, 21.81%, see rank21.20%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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