Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$586,852$209 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

5387 REED LN SE

SALEM, OR 97306
1
Beds
2
Baths
2,806 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
2000
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$587K
$563K low$611K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,561 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$344,160 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$334,140
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$625,260

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARION
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2011
Lot (acres)The size of the land the home sits on, from county records.0.22
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Pringle Elementary SchoolC
Elementary · Grades PK–5 · 0.2 mi
M
Judson Middle SchoolB
Middle · Grades 6–8 · 1.6 mi
H
South Salem High SchoolD+
High · Grades 9–12 · 3.3 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97306These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.164

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.34,391
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,021 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,746
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$110,837
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5387 Reed Ln Se measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 77% of homes in South Gateway
  • Costs less per square foot than 95% of homes in South Gateway
  • Bigger than 88% of homes in South Gateway
  • Has a bigger lot than 81% of homes in South Gateway
  • Newer than 78% of homes in Marion County

What homes are worth in Salem 97306

Each bar is how many homes fall in that price range. The marker is this home.

This home
$273K$1.2M

This home is worth more than 71% of homes in Salem 97306.

How it measures up in Salem 97306

The dot is this home. The mark in the middle is the typical home in Salem 97306.

Estimated value$586,852
CheaperTypical $492,120Pricier

Pricier than 71% of homes nearby

Price per ft²$209
CheaperTypical $278Pricier

Pricier than 5% of homes nearby

Living area2,806 ft²
SmallerTypical 1,822 ft²Bigger

Bigger than 85% of homes nearby

Lot size0.22 ac
SmallerTypical 0.17 acBigger

Bigger than 71% of homes nearby

Year built2000
OlderTypical 1993Newer

Newer than 65% of homes nearby

How 5387 Reed Ln Se ranks against every home in each area.
MeasureThis homeSouth GatewaySalem 97306Marion County
Estimated valuepricier than$586,85277% of homes71% of homes77% of homes
Price per ft²pricier than$2095% of homes5% of homes9% of homes
Living areabigger than2,806 ft²88% of homes85% of homes88% of homes
Lot sizebigger than0.22 ac81% of homes71% of homes59% of homes
Year builtnewer than200060% of homes65% of homes78% of homes

About 5387 Reed Ln Se

How much is 5387 Reed Ln Se, Salem, OR worth?

The TopHap Estimate for 5387 Reed Ln Se, Salem, OR is $586,852 as of Sep 24, 2026. The likely range is $563,007 to $610,697. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5387 Reed Ln Se, Salem, OR last sell?

5387 Reed Ln Se, Salem, OR last sold on Jul 30, 2012, according to the county's recorded deed.

How big is 5387 Reed Ln Se, Salem, OR?

5387 Reed Ln Se, Salem, OR has 1 bedrooms, 2 bathrooms, 2,806 square feet of living space and a 0.22-acre lot.

When was 5387 Reed Ln Se, Salem, OR built?

5387 Reed Ln Se, Salem, OR was built in 2000, making it 26 years old. The building has 1 story.

What schools serve 5387 Reed Ln Se, Salem, OR?

5387 Reed Ln Se, Salem, OR is assigned to Pringle Elementary School (elementary), rated C; Judson Middle School (middle), rated B; South Salem High School (high), rated D+. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5387 Reed Ln Se, Salem, OR compare to other homes in Salem 97306?

Among the 10,545 homes in Salem 97306, it is worth more than 71% of them ($586,852 against a typical $492,120), its price per square foot is higher than 5% of them ($209 against a typical $278), it is bigger than 85% of them (2,806 ft² against a typical 1,822 ft²), its lot is bigger than 71% of them (0.22 ac against a typical 0.17 ac) and it is newer than 65% of them (2000 against a typical 1993). Measured against all of Marion County, it is worth more than 77% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5387 Reed Ln Se, Salem, OR?

The 2024 property tax bill for 5387 Reed Ln Se, Salem, OR was $6,561. The county assessed it at $344,160.

More homes on Reed Ln Se

Closest homes

More homes in Salem 97306

Assigned schools

Explore the area

See this home in context

Open 5387 Reed Ln Se on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map