Northeast Neighbors, Salem, OR
Northeast Neighbors — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Northeast Neighbors, Salem, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Northeast Neighbors Neighborhood Overview
Northeast Neighbors is a residential community in Salem, Oregon, offering a balanced urban-suburban lifestyle. Centered around the 97301 ZIP code, it provides convenient access to Oregon's state capital while maintaining distinct neighborhood character. The area is known for its affordability and diverse housing options.
Lifestyle & Amenities
Residents enjoy proximity to essential services, local parks, and everyday shopping conveniences. The neighborhood's location facilitates easy trips to downtown Salem for government, cultural, and dining attractions. Its streets foster a community-oriented atmosphere where neighbors often connect.
Real Estate Market
The market in Northeast Neighbors is characterized by its accessibility, with a median home value of $274,900. Homes sell at a median price per square foot of $298.42 and typically stay on the market for an average of 63 days. The homeownership rate is 42%, indicating a significant rental presence alongside owned properties.
Schools & Education
The neighborhood is served by the Salem-Keizer School District, Oregon's second-largest district. Families have access to a range of public educational institutions from elementary through high school. The specific schools serving the area provide foundational and secondary education to local students.
Transportation & Connectivity
Major thoroughfares like Market Street NE and Lancaster Drive NE provide efficient routes for commuters and errands. Public bus service through Salem Area Transit offers connectivity within the city and to key destinations. Its location ensures straightforward access to Interstate 5 for regional travel throughout the Willamette Valley.
Why Choose Northeast Neighbors
This neighborhood appeals to those seeking an affordable entry point into the Salem housing market, with a median rent of $1,118 per month. It suits first-time homebuyers, renters, and anyone who values practicality and location. The median household income of $53,113 aligns with the area's cost-effective living, making it a practical choice for many budgets.
Northeast Neighbors 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 Northeast Neighbors, Salem
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Northeast Neighbors, 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 2026-10-14