The property at 241 Rees Hill Rd SE, Salem, OR 97306, built in 1940, is a 1,105 square foot Single Family and has 2 bedrooms and 1 bathrooms. It is situated on a lot that is 37,897 square feet and was last tax assessed in 2025 for a valuation of $412,510
The estimate for this property has experienced a 8.53% increase in the past 6 months reaching a value of $501,430.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $128,370 +2.99% |
| 2022 | $124,640 +3.00% |
| 2021 | $121,010 +6.08% |
| 2019 | $114,070 +3.00% |
| 2018 | $110,750 +2.99% |
| 2017 | $107,530 +3.00% |
| 2016 | $104,400 +3.00% |
| 2015 | $101,360 +4.20% |
| 2013 | $97,270 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $501,430 | - | - |
| Oct 2025 | $503,135 | - | - |
| Sep 2025 | $498,698 | - | - |
| Aug 2025 | $500,532 | - | - |
| Jul 2025 | $485,108 | - | - |
| Jun 2025 | $478,400 | - | - |
| May 2025 | $480,925 | - | - |
| Apr 2025 | $462,003 | - | - |
| Mar 2025 | $474,755 | - | - |
| Feb 2025 | $465,229 | - | - |
| Jan 2025 | $424,563 | - | - |
| Dec 2024 | $430,454 | - | - |
| Nov 2024 | $431,197 | - | - |
| Sep 2024 | $435,056 | - | - |
| Aug 2024 | $411,154 | - | - |
| Jul 2024 | $405,477 | - | - |
| Jun 2024 | $420,945 | - | - |
| May 2024 | $412,873 | - | - |
| Mar 2024 | $290,487 | - | - |
| Feb 2024 | $290,650 | - | - |
| Jan 2024 | $289,665 | - | - |
| Dec 2023 | $276,203 | - | - |
| Nov 2023 | $460,750 | - | - |
| Oct 2023 | $471,865 | - | - |
| Sep 2023 | $474,145 | - | - |
| Aug 2023 | $397,800 | - | - |
| Jul 2023 | $230,600 | - | - |
| Jun 2023 | $227,200 | - | - |
| May 2023 | $365,500 | - | - |
| Apr 2023 | $496,700 | - | - |
| Mar 2023 | $490,500 | - | - |
| Feb 2023 | $446,500 | - | - |
| Jan 2023 | $486,100 | - | - |
| Dec 2022 | $473,300 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 97306 - OR
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 34,738 | 173,149 | 348,864 | 335,858,263 |
| Population Density | 1,063 | 3,549 | 295 | 95 |
| People per Household | 2.5 | 2.5 | 2.7 | 2.6 |
| Median Age | 40.9 | 37.5 | 37.7 | 39.1 |
| Median Income | $71,645 | $60,115 | $62,489 | $66,222 |
| Average Income | $37,805 | $29,712 | $28,990 | $35,475 |
| Cost of Living Index | 100 | 97 | 104 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 33.5°F | 33.5°F | 33.5°F | 22.6°F |
| July Avg. High Temp | 81.5°F | 81.5°F | 81.5°F | 86.2°F |
| Annual Precipitation | 40" | 40" | 40" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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