Oregon Department of Transportation · CC BY 2.0

ZIP 97032

ZIP 97032 is in the Salem, OR market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 3.4%.

Median IRR

: 6.2%.

Median list price

: $535,000.

Appreciation

: 4.4%/yr .

Rent growth

: 4.0%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.

For sale in ZIP 97032

2174 Baines Blvd, Hubbard, OR 97032 $494,800· 4 bd· 2 ba
3249 3rd St, Hubbard, OR 97032 $599,000· 6 bd· 2.5 ba
2621 N Lydia Loop, Hubbard, OR 97032 $659,000· 3 bd· 2.5 ba
2893 4th St, Hubbard, OR 97032 $549,900· 4 bd· 2 ba
2589 N Lydia Loop, Hubbard, OR 97032 $625,000· 3 bd· 2.5 ba
3400 7th St, Hubbard, OR 97032 $459,900· 3 bd· 1.5 ba
4154 5th St, Hubbard, OR 97032 $520,000· 3 bd· 2 ba
3237 Elm St, Hubbard, OR $78,000· 2 bd· 2 ba
2185 Dorsey Dr, Hubbard, OR 97032 $609,900· 8 bd· 5 ba
2663 Baines Blvd, Hubbard, OR 97032 $495,000· 3 bd· 2 ba
3137 Rainbow Loop, Hubbard, OR $66,900· 2 bd· 2 ba
2143 Dorsey Dr, Hubbard, OR 97032 $619,900· 6 bd· 4 ba
2726 Nina Pl, Hubbard, OR 97032 $512,000· 4 bd· 2 ba
17765 Monnier Rd NE, Hubbard, OR 97032 $1,725,000· 5 bd· 3.5 ba
3096 Rainbow Loop, Hubbard, OR $79,900· 2 bd· 1 ba