Oregon Department of Transportation · CC BY 2.0

ZIP 97342

ZIP 97342 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 97342

145 S Patton Rd, Detroit, OR 97342 $540,000· 3 bd· 2 ba
340 Janice Ct, Detroit, OR 97342 $699,999· 3 bd· 2.5 ba
110 E Warren St, Detroit, OR 97342 $379,000· 2 bd· 1.5 ba
66B Stahlman Fs 049 Rd, Detroit, OR $215,000· 2 bd· 1 ba
100 E Osprey Ln, Detroit, OR 97342 $369,000· 1 bd· 1 ba
310 S Detroit Rd, Detroit, OR 97342 $1,500,000· 3 bd· 2 ba
285 S Detroit Rd, Detroit, OR 97342 $795,000· 4 bd· 2.5 ba
210 S DETROIT RD, DETROIT, OR 97342 $500,000· 3 bd· 3 ba
335 Janice Ct, Detroit, OR 97342 $1,075,000· 5 bd· 4 ba
125 N Patton Rd, Detroit, OR $439,900· 2 bd· 2 ba
360 W Santiam Ave, Detroit, OR 97342 $745,000· 3 bd· 2 ba