Salem Real-Estate Market Overview


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  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
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Average Listing Price

  • $311,593
  • for week ending Jan 27
  • -$5,466
  • -1.7%
  • w-o-w

Median Sales Price

  • $301,000
  • Oct '15 - Jan '16
  • +$50,550
  • +20.2%
  • y-o-y

Average Listing Price $311,593 -1.7% w-o-w
Median Sales Price $301,000 +20.2% y-o-y
Average Price/sqft $144 -21.3% y-o-y
Number of Sales 4 -80.0 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending Jan 27
w-o-w
01970 $311,593 -1.7%
01810 $695,508 0.0%
01844 $441,130 -0.3%
01960 $350,911 -2.0%
01915 $642,269 +8.3%
Movers & Shakers Avg. listing price
Week ending Jan 27
w-o-w
01940 $900,088 +21.5%
01929 $760,475 +20.1%
01944 $1,868,965 +12.7%
01982 $1,117,440 +12.3%
01921 $920,130 +12.2%
View Essex County Home Prices Map

Summary for Salem


Average price per square foot for Salem MA was $144, a decrease of 33.9% compared to the same period last year. The median sales price for homes in Salem MA for Oct 15 to Jan 16 was $301,000 based on 4 home sales. Compared to the same period one year ago, the median home sales price increased 20.2%, or $50,550, and the number of home sales decreased 80%. There are currently 96 resale and new homes in Salem on Trulia, including 14 open houses, as well as 66 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Salem MA was $311,593 for the week ending Jan 27, which represents a decrease of 1.7%, or $5,466, compared to the prior week.


District Type Grades Schools Students
Salem Public Schools Public PK - 12 10 4,950
Salem Academy Charter (district) Public 6 - 10 1 308
School Name School Type Grades Parent Rating
Horace Mann Laboratory Public K - 5
Nathaniel Bowditch Public K - 8
Salem Academy Charter School Public 6 - 12
View all Salem Schools
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Stats & Trends
Homes for Sale in Salem
View all Salem Homes for Sale