SIALIMStatistical Intelligence for America's Local Investment Markets

97347 — Grand Ronde, OR Home Values

Typical home value $457,627 as of August 2026 · 20th of 29 in Salem, OR

Typical value — August 2026
$457,627
observed, not a forecast
Past 12 months
+2.5%
trailing year-over-year change
Past 5 years
+16.4%
August 2021 to August 2026
Rank in metro
20th
of 29 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 97347, August 2021 to August 2026. This page shows observed data only; no forecast.

How 97347 compares in the Salem, OR area

ZIP code 97347 (Grand Ronde, OR) has a typical home value of $457,627 as of August 2026, ranking 20th of 29 ZIP codes tracked in the Salem, OR area, more expensive than about 34% of ZIP codes in the metro. Prices here have moved +2.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.4%, from $393,109 in August 2021 to $457,627 in August 2026.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Salem, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Salem.

Population and demographics

ZIP code 97347 has a population of 1,483, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 51.8% White, 26.2% American Indian or Alaska Native, 13.9% two or more races, 6.1% Hispanic or Latino, 1.3% Asian, 0.4% Native Hawaiian or Pacific Islander, and 0.3% Black or African American.

Nearby public schools

SchoolAddressDistance
Willamina Middle School1100 Oaken Hills Dr, Willamina, OR9 mi
Willamina Elementary School1100 Oaken Hills Dr, Willamina, OR9 mi
Willamina High School1100 Oaken Hills Dr, Willamina, OR9 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 97347?

$457,627 as of August 2026, the latest month Zillow has published observed data for.

Is 97347 an expensive ZIP code in the Salem, OR area?

97347 ranks 20th of 29 ZIP codes in the Salem, OR area by typical home value, more expensive than about 34% of ZIP codes in the metro.

How much have home values in 97347 changed over the past year?

+2.5% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 97347?

1,483, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 97347?

Willamina Middle School (9 mi), Willamina Elementary School (9 mi), Willamina High School (9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 97347?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Salem, OR forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.