I’ve analyzed the Zillow Home Value Index data for Oregon neighborhoods, revealing some fascinating patterns in real estate appreciation across the state. The results show a remarkable concentration of growth in Salem-area communities, with many neighborhoods more than doubling their home values in less than a decade.
What’s particularly striking is how mid-tier neighborhoods have outperformed traditionally expensive areas. This redistribution of value suggests a democratization of Oregon’s real estate wealth, with homeowners in previously overlooked communities experiencing exceptional equity growth.
While Portland typically dominates Oregon real estate discussions, my analysis reveals that Salem, Eugene, and rural communities have actually delivered stronger percentage returns since 2016, creating wealth-building opportunities in unexpected places.
25. Mountain View
- % change from 2016 to 2025: 109.94%
- 2025: $561,559
- 2024: $552,075
- 2023: $523,231
- 2022: $534,827
- 2021: $416,154
- 2020: $357,270
- 2019: $337,718
- 2018: $318,956
- 2017: $295,475
- 2016: $267,487
Your investment in Mountain View would have more than doubled in nine years, yielding approximately $294,000 in equity growth. The steady upward trend despite a minor 2022-2023 dip indicates resilient market fundamentals rather than speculative volatility. Located in a desirable community with strong appeal to both families and professionals, Mountain View continues to demonstrate sustainable appreciation patterns.
24. Larkspur
- % change from 2016 to 2025: 111.01%
- 2025: $581,326
- 2024: $566,780
- 2023: $538,322
- 2022: $552,433
- 2021: $429,551
- 2020: $368,235
- 2019: $346,648
- 2018: $326,684
- 2017: $303,525
- 2016: $275,501
Larkspur properties have gained roughly $25,500 annually since 2016, creating significant wealth for early investors. The neighborhood’s recovery from the 2022-2023 market correction demonstrates particular resilience, suggesting untapped upside potential. With surrounding infrastructure improvements and growing amenities, Larkspur represents an attractive entry point for value-oriented buyers seeking established neighborhoods with proven appreciation track records.
23. Tolovana Park
- % change from 2016 to 2025: 111.40%
- 2025: $990,537
- 2024: $957,287
- 2023: $932,013
- 2022: $905,403
- 2021: $683,123
- 2020: $570,726
- 2019: $543,640
- 2018: $501,249
- 2017: $483,671
- 2016: $468,558
Tolovana Park’s premium coastal properties have emerged as stellar wealth generators, with average homes gaining over $521,000 in equity. The nearly uninterrupted appreciation curve suggests limited market volatility despite high-end price points, indicating sustained demand from affluent buyers. Nestled along Oregon’s picturesque coastline, Tolovana Park combines investment security with exceptional lifestyle benefits, making it particularly attractive for luxury second-home investors.
22. Orchard District
- % change from 2016 to 2025: 112.25%
- 2025: $595,725
- 2024: $582,470
- 2023: $549,035
- 2022: $568,282
- 2021: $446,577
- 2020: $378,847
- 2019: $356,980
- 2018: $333,801
- 2017: $308,760
- 2016: $280,670
Orchard District has rewarded property owners with approximately $315,000 in equity appreciation, outperforming many traditional investment vehicles. The robust post-2023 recovery following a brief correction signals strong underlying demand fundamentals rather than speculative buying. This centrally located neighborhood offers both cash flow potential for investors and wealth-building opportunities for homeowners, making it a standout performer in Oregon’s competitive real estate landscape.
21. Southeast Mill Creek
- % change from 2016 to 2025: 114.21%
- 2025: $395,423
- 2024: $392,455
- 2023: $386,013
- 2022: $375,828
- 2021: $322,956
- 2020: $283,111
- 2019: $266,605
- 2018: $237,215
- 2017: $209,447
- 2016: $184,595
Southeast Mill Creek’s remarkable trajectory has delivered over $210,000 in equity growth to homeowners, with a notably steady appreciation curve avoiding significant corrections. The consistency of annual gains suggests structural market strength rather than cyclical factors driving value. Located in an increasingly desirable part of Salem with improving infrastructure and amenities, Southeast Mill Creek offers an excellent blend of accessibility and investment performance.
20. North Lancaster
- % change from 2016 to 2025: 114.41%
- 2025: $392,448
- 2024: $388,304
- 2023: $380,520
- 2022: $371,774
- 2021: $315,209
- 2020: $277,955
- 2019: $261,364
- 2018: $232,433
- 2017: $206,110
- 2016: $183,035
North Lancaster’s property values have more than doubled since 2016, generating approximately $209,000 in wealth for the average homeowner. The neighborhood’s price trajectory shows remarkable stability with consistent year-over-year gains, suggesting sustainable market fundamentals. Situated in a convenient location with strong rental demand, North Lancaster offers both healthy cash flow potential for investors and substantial equity growth for homeowners.
19. Perwinkle
- % change from 2016 to 2025: 118.98%
- 2025: $403,953
- 2024: $391,981
- 2023: $378,586
- 2022: $365,747
- 2021: $312,302
- 2020: $274,157
- 2019: $256,490
- 2018: $234,258
- 2017: $206,282
- 2016: $184,473
Perwinkle has delivered exceptional returns with average property values increasing by nearly $219,500 since 2016. The absence of market corrections in its price history indicates particularly strong and consistent demand fundamentals. With its strategic location and growing community amenities, Perwinkle offers both strong rental yield potential and excellent prospects for continued appreciation, making it especially attractive for buy-and-hold investors.
18. Northgate
- % change from 2016 to 2025: 119.54%
- 2025: $416,136
- 2024: $410,021
- 2023: $397,198
- 2022: $387,727
- 2021: $326,238
- 2020: $290,702
- 2019: $273,124
- 2018: $242,765
- 2017: $214,159
- 2016: $189,545
Northgate has generated approximately $226,600 in equity growth for property owners while maintaining a remarkably steady appreciation curve. The consistent year-over-year gains without significant volatility indicate strong underlying market fundamentals rather than speculative buying. Located in a well-established area with excellent access to employment centers, Northgate combines rental income potential with substantial long-term equity growth opportunities.
17. Santiam
- % change from 2016 to 2025: 119.64%
- 2025: $384,814
- 2024: $369,914
- 2023: $358,383
- 2022: $347,985
- 2021: $296,717
- 2020: $258,922
- 2019: $242,511
- 2018: $219,134
- 2017: $193,833
- 2016: $175,202
Santiam has delivered exceptional wealth creation with property values increasing by nearly $210,000 since 2016. The acceleration in appreciation rates post-2020 suggests growing market recognition and untapped upside potential. Located in a developing area with improving amenities and infrastructure, Santiam represents an appealing opportunity for investors seeking both current affordability and strong future appreciation prospects.
16. Trainsong
- % change from 2016 to 2025: 122.48%
- 2025: $311,751
- 2024: $301,423
- 2023: $296,341
- 2022: $283,533
- 2021: $246,168
- 2020: $212,977
- 2019: $196,851
- 2018: $177,790
- 2017: $156,824
- 2016: $140,128
Trainsong has emerged as a wealth-building powerhouse, with even modest properties gaining over $171,600 in equity. The neighborhood’s affordable entry points combined with exceptional appreciation rates have created outsized returns on investment capital deployed. Situated in Eugene with excellent access to education and employment centers, Trainsong offers particularly strong investment metrics for value-oriented buyers seeking maximum appreciation potential.
15. Northeast Neighbors
- % change from 2016 to 2025: 122.95%
- 2025: $356,167
- 2024: $350,081
- 2023: $344,515
- 2022: $336,637
- 2021: $287,940
- 2020: $254,018
- 2019: $237,042
- 2018: $209,197
- 2017: $180,867
- 2016: $159,751
Northeast Neighbors has generated approximately $196,400 in equity for homeowners, with particularly strong performance in recent years suggesting continued momentum. The neighborhood’s price trajectory shows remarkable resilience, with no significant corrections despite broader market fluctuations. Located in a rapidly developing area with improving amenities, Northeast Neighbors offers an attractive combination of current affordability and exceptional appreciation potential.
14. East Lancaster
- % change from 2016 to 2025: 124.90%
- 2025: $373,104
- 2024: $366,632
- 2023: $358,594
- 2022: $351,333
- 2021: $297,535
- 2020: $260,521
- 2019: $246,405
- 2018: $217,235
- 2017: $188,551
- 2016: $165,898
East Lancaster properties have appreciated by over $207,200 since 2016, delivering exceptional returns on investment capital. The neighborhood’s steady year-over-year gains without significant volatility indicate strong structural demand rather than speculative buying. Positioned in Salem with excellent accessibility and improving commercial amenities, East Lancaster offers both strong cash flow potential for rental property investors and substantial wealth-building for homeowners.
13. Grant
- % change from 2016 to 2025: 127.09%
- 2025: $350,119
- 2024: $346,438
- 2023: $342,562
- 2022: $339,439
- 2021: $289,879
- 2020: $254,545
- 2019: $235,924
- 2018: $204,728
- 2017: $177,402
- 2016: $154,175
Grant neighborhood has created approximately $196,000 in wealth for property owners through consistent appreciation that has accelerated in recent years. The remarkably steady upward trajectory suggests strong underlying fundamentals rather than speculative activity. Situated in a highly livable area with excellent community amenities, Grant offers an appealing combination of quality of life benefits and exceptional investment performance metrics.
12. Lacomb
- % change from 2016 to 2025: 128.79%
- 2025: $592,792
- 2024: $556,887
- 2023: $539,654
- 2022: $513,363
- 2021: $447,547
- 2020: $379,953
- 2019: $358,113
- 2018: $323,875
- 2017: $284,748
- 2016: $259,098
Lacomb properties have generated exceptional returns, with average homes gaining approximately $333,700 in equity. The neighborhood’s recent price acceleration (6.4% in the last year alone) suggests continued strong momentum despite already substantial appreciation. Located in a desirable rural setting that balances privacy with accessibility, Lacomb appeals particularly to buyers seeking both lifestyle benefits and strong investment performance in Oregon’s competitive real estate market.
11. Four Corners
- % change from 2016 to 2025: 129.25%
- 2025: $378,669
- 2024: $372,006
- 2023: $360,874
- 2022: $351,665
- 2021: $299,620
- 2020: $261,211
- 2019: $245,108
- 2018: $216,462
- 2017: $187,789
- 2016: $165,179
Four Corners has more than doubled property values since 2016, creating approximately $213,500 in wealth for homeowners. The neighborhood’s consistent appreciation pattern with no significant corrections indicates particularly robust demand fundamentals. Situated at a strategic junction with excellent commercial amenities and transportation access, Four Corners combines strong rental income potential with exceptional long-term appreciation prospects.
10. North East Salem
- % change from 2016 to 2025: 130.60%
- 2025: $364,466
- 2024: $356,726
- 2023: $346,719
- 2022: $338,868
- 2021: $287,841
- 2020: $251,773
- 2019: $236,200
- 2018: $208,730
- 2017: $178,525
- 2016: $158,050
North East Salem has delivered exceptional financial performance, with property values increasing by over $206,400 since 2016. The neighborhood’s steady upward trajectory without significant volatility suggests structural market strength rather than cyclical factors. With its strategic location and relative affordability compared to other high-appreciation areas, North East Salem offers particularly attractive metrics for investors seeking maximum returns on investment capital.
9. Broadway
- % change from 2016 to 2025: 130.68%
- 2025: $355,915
- 2024: $341,407
- 2023: $327,159
- 2022: $318,800
- 2021: $272,730
- 2020: $238,288
- 2019: $222,867
- 2018: $200,003
- 2017: $173,213
- 2016: $154,293
Broadway has emerged as a wealth-creation powerhouse, with average properties gaining over $201,600 in equity since 2016. The recent acceleration in appreciation rates (4.2% in the last year) suggests continued strong momentum despite already substantial gains. Centrally located with excellent urban amenities and walkability, Broadway offers an attractive blend of lifestyle benefits and exceptional investment performance metrics for value-oriented buyers.
8. Highland
- % change from 2016 to 2025: 131.91%
- 2025: $575,044
- 2024: $568,440
- 2023: $553,692
- 2022: $545,735
- 2021: $468,369
- 2020: $420,770
- 2019: $406,242
- 2018: $387,938
- 2017: $368,325
- 2016: $326,748
Highland properties have created exceptional wealth, generating approximately $248,300 in equity for homeowners since 2016. The neighborhood’s relatively modest 2022-2023 slowdown and subsequent recovery demonstrate remarkable market resilience. Situated in an established area with premium amenities and strong community infrastructure, Highland offers both lifestyle advantages and exceptional investment characteristics for buyers seeking proven long-term appreciation patterns.
7. South Lebanon
- % change from 2016 to 2025: 131.97%
- 2025: $399,032
- 2024: $381,207
- 2023: $373,013
- 2022: $357,117
- 2021: $308,828
- 2020: $265,671
- 2019: $246,615
- 2018: $223,139
- 2017: $192,323
- 2016: $172,020
South Lebanon has rewarded property owners with approximately $227,000 in equity appreciation, with particularly strong recent performance (4.7% in the last year). The consistent upward trajectory without significant corrections indicates robust structural demand fundamentals. Located in a growing community with expanding amenities and employment opportunities, South Lebanon combines current affordability with exceptional upside potential for long-term investors.
6. Oak
- % change from 2016 to 2025: 132.80%
- 2025: $369,932
- 2024: $354,958
- 2023: $341,312
- 2022: $326,728
- 2021: $281,280
- 2020: $244,556
- 2019: $227,857
- 2018: $203,509
- 2017: $178,646
- 2016: $158,907
Oak neighborhood has generated remarkable returns for property owners, with values increasing by approximately $211,000 since 2016. The recent acceleration in appreciation rates (4.2% in the last year) suggests continued strong momentum despite already substantial gains. With its strategic location and growing community amenities, Oak offers particularly attractive investment metrics for buyers seeking both current income potential and exceptional long-term capital appreciation.
5. Lansing
- % change from 2016 to 2025: 134.28%
- 2025: $359,621
- 2024: $352,998
- 2023: $343,049
- 2022: $333,279
- 2021: $283,472
- 2020: $251,289
- 2019: $232,593
- 2018: $201,101
- 2017: $173,846
- 2016: $153,499
Lansing properties have more than doubled in value since 2016, creating approximately $206,100 in wealth for average homeowners. The remarkably consistent year-over-year gains without significant corrections indicate particularly strong demand fundamentals. Situated in an increasingly desirable area with improving infrastructure and amenities, Lansing combines current affordability with exceptional appreciation potential, making it especially attractive for value-oriented investors.
4. Sunrise
- % change from 2016 to 2025: 135.32%
- 2025: $362,154
- 2024: $347,549
- 2023: $334,688
- 2022: $324,108
- 2021: $276,988
- 2020: $241,257
- 2019: $224,490
- 2018: $197,745
- 2017: $171,817
- 2016: $153,897
Sunrise has delivered exceptional investment returns, with property values increasing by over $208,200 since 2016. The recent acceleration in appreciation rates (4.2% in the last year) suggests continued strong momentum despite already substantial gains. Located in a rapidly developing area with improving amenities and infrastructure, Sunrise offers particularly attractive metrics for investors seeking maximum appreciation potential in Oregon’s competitive real estate market.
3. Jackson Hill
- % change from 2016 to 2025: 142.64%
- 2025: $330,374
- 2024: $320,097
- 2023: $307,772
- 2022: $294,675
- 2021: $256,115
- 2020: $219,145
- 2019: $201,923
- 2018: $176,899
- 2017: $153,137
- 2016: $136,158
Jackson Hill has emerged as a wealth-creation powerhouse, with even modest properties gaining approximately $194,200 in equity. The neighborhood’s low entry prices combined with exceptional appreciation rates have created outsized returns on investment capital deployed. Strategically positioned in an area experiencing significant development and infrastructure improvements, Jackson Hill offers particularly compelling value for investors seeking maximum appreciation potential with minimal capital requirements.
2. Southeast Salem
- % change from 2016 to 2025: 146.47%
- 2025: $320,077
- 2024: $313,317
- 2023: $307,211
- 2022: $300,451
- 2021: $254,154
- 2020: $223,154
- 2019: $205,522
- 2018: $174,200
- 2017: $149,032
- 2016: $129,863
Southeast Salem has delivered extraordinary financial performance, with property values increasing by over $190,200 since 2016. The remarkably consistent appreciation trajectory without significant corrections indicates particularly robust structural demand. With its strategic location and relative affordability compared to other high-appreciation areas, Southeast Salem presents an exceptional opportunity for value investors seeking maximum returns on capital with strong rental income potential.
1. Willamette
- % change from 2016 to 2025: 149.90%
- 2025: $635,030
- 2024: $623,996
- 2023: $603,923
- 2022: $599,793
- 2021: $502,486
- 2020: $451,427
- 2019: $435,895
- 2018: $420,351
- 2017: $400,836
- 2016: $367,267
Willamette stands as Oregon’s top-performing neighborhood, generating an extraordinary $267,763 in wealth for property owners since 2016. The remarkable stability in its appreciation curve, even during broader market fluctuations, indicates exceptional demand fundamentals and limited supply. Located in a premier area with outstanding schools, amenities, and quality of life advantages, Willamette represents the gold standard for real estate investment performance in Oregon’s competitive housing landscape.
