Appreciation Velocity — Salem, OR
Home-price appreciation in Salem, OR plus ZIPs within the city ranked by 1Y growth.
Public Record
Salem · 1Y appreciation
-11.9%
Salem · 3Y appreciation
+1.0%
Salem · 5Y appreciation
+20.8%
Salem · 10Y appreciation
+88.6%
Top 10 — 3Y appreciation (Zips)
#1 · ZIP 97305
+23.8%
#2 · ZIP 97404
+8.6%
#3 · ZIP 97303
+5.2%
#4 · ZIP 97302
-1.8%
#5 · ZIP 97304
-2.1%
#6 · ZIP 97306
-4.8%
#7 · ZIP 97301
-11.5%
#8 · ZIP 97317
-77.9%
Zip ranking — 3Y appreciation (highest first)
| # | Zip | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | ZIP 97305 | OR | +3.8% | +23.8% | +10.5% | +70.6% | $447.2K |
| 2 | ZIP 97404 | OR | +12.0% | +8.6% | +48.5% | +117.9% | $572.6K |
| 3 | ZIP 97303 | OR | +13.5% | +5.2% | +34.8% | +111.9% | $479.2K |
| 4 | ZIP 97302 | OR | +1.8% | -1.8% | +29.8% | +86.4% | $475.3K |
| 5 | ZIP 97304 | OR | -4.6% | -2.1% | +60.5% | +91.0% | $541.4K |
| 6 | ZIP 97306 | OR | -9.7% | -4.8% | +22.4% | +107.1% | $500K |
| 7 | ZIP 97301 | OR | -12.1% | -11.5% | +26.6% | +114.6% | $343K |
| 8 | ZIP 97317 | OR | -14.0% | -77.9% | -11.4% | +17.4% | $283.7K |
How to read these numbers
Velocity vs. level
A market with 25% one-year appreciation is moving fast — but a market with steady 6% over ten years has compounded much further. Use 10Y as the long-run signal, 1Y as the momentum signal.
Mean-reversion risk
Markets that posted huge 1Y and 3Y gains often cool over the next cycle. Compare 1Y to 5Y: if 1Y is far above 5Y, the trend is accelerating; if far below, it is decelerating — often the more important signal.
Sample sanity
We require a minimum current median price (default $50K) to filter out tiny ZIPs with noisy data. Raise that threshold for serious investment markets; lower it to find emerging niches. Source: public record.