Faye Wright, Salem, OR
Faye Wright — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Faye Wright, Salem, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Faye Wright Neighborhood Overview
Faye Wright is a residential neighborhood located in the northeast section of Salem, Oregon. It offers residents a quiet, suburban atmosphere within the city limits, characterized by a mix of single-family homes and apartment complexes. The community is known for its accessibility to major city amenities while maintaining a distinct neighborhood feel.
Lifestyle & Amenities
Residents enjoy convenient access to daily necessities and recreational spaces. The neighborhood is situated near commercial corridors featuring grocery stores, restaurants, and retail shops. Its location provides relatively easy access to larger parks and green spaces within the Salem area for outdoor activities.
Real Estate Market
The Faye Wright housing market presents a more affordable entry point into Salem homeownership. With a median home value of $274,900 and a price per square foot around $260, it attracts first-time buyers and investors. The market moves at a moderate pace, with homes typically staying listed for an average of 66 days before sale.
Schools & Education
Families in Faye Wright are served by the Salem-Keizer Public School District, the second-largest district in Oregon. The neighborhood is zoned for several public elementary, middle, and high schools in the area. Parents have access to the district's various educational programs and resources.
Transportation & Connectivity
The neighborhood benefits from major arterial roads that connect it to downtown Salem, Interstate 5, and the broader Willamette Valley. Public bus service through Salem Area Transit (Cherriots) provides connectivity for residents without personal vehicles. This infrastructure makes commuting to employment centers in and around the city straightforward.
Why Choose Faye Wright
Faye Wright is an ideal choice for those seeking an affordable, connected Salem neighborhood with a suburban layout. Its blend of housing options caters to both renters, with a median rent of $1,118, and prospective homeowners. The area offers a practical balance of cost, convenience, and community for a wide range of residents.
Faye Wright Market Data
| Metric | Value |
|---|---|
| Median Home Price | $275K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $53K |
| Homeownership Rate | 42.4% |
| Renter-Occupied | 57.6% |
| Rental Vacancy Rate | 4.0% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 97301 |
Top Real Estate Agents in Faye Wright, Salem
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Faye Wright, Salem, OR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-13