40 Cedar St, Salem, MA 01970
OFF MARKET

$688,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,892 sqft

40 Cedar St, Salem, MA 01970

Est. Refi. Payment $4,305/mo*
Refinance Your Home
Currently Off Market - Sold Jul 31, 1996 for $143,000

Home Value

Trulia Estimate
$689K
Since last month
Decreased$6K (-0.8%)
Since last year
Decreased$9K (-1.2%)
Since last sale
Increased$546K (+381.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +86% in the last 10 years
MonthEstimated value
2026
September 2026$689K
August 2026$689K
July 2026$694K
June 2026$713K
May 2026$717K
April 2026$697K
March 2026$703K
February 2026$685K
January 2026$681K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3 Chase St, Salem, MA
0.17
Multi-Family Home
$650,000
03/23/26
5
2
3,378
22 Prescott St, Salem, MA
0.21
Multi-Family Home
$735,000
02/17/26
6
3
2,594
7 May St, Salem, MA
0.60
Multi-Family Home
$611,000
08/06/26
2
2
2,052
17 Roslyn St, Salem, MA
0.26
Multi-Family Home
$1,140,000
05/20/26
7
3
4,330
5 Herbert St, Salem, MA
0.57
Multi-Family Home
$635,000
06/01/26
2
2
1,786
15 Phelps St, Salem, MA
0.37
Multi-Family Home
$900,000
03/27/26
6
3
3,560
34 Forest Ave, Salem, MA
0.58
Multi-Family Home
$878,000
06/15/26
4
3
3,192
23 Union St, Salem, MA
0.53
Multi-Family Home
$725,000
07/06/26
3
3
2,498
1 Dunlap St, Salem, MA
0.81
Multi-Family Home
$650,000
04/17/26
6
2
2,088
82 Flint St, Salem, MA
0.77
Multi-Family Home
$690,000
05/29/26
5
2
2,430

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
53 Cedar St, Salem, MA 01970
0.04
$799,000
4
2
2,247
For Sale
14 Fairfield St, Salem, MA 01970
0.06
$1,062,700
4
2
3,115
Off Market
15 Cabot St #2, Salem, MA 01970
0.09
$557,900
3
2
971
Off Market
15 Cabot St #3, Salem, MA 01970
0.09
$492,100
2
1
934
Off Market
15 Cedar St, Salem, MA 01970
0.07
$766,400
3
2
1,755
Off Market
7 Fairfield St, Salem, MA 01970
0.09
$1,300,000
6
4
4,363
Recently Sold
9 Lyme St, Salem, MA 01970
0.10
$505,000
4
1
1,373
Recently Sold
2 Cedar St, Salem, MA 01970
0.07
$708,000
3
1.5
2,462
Off Market
11 Cedar St #2, Salem, MA 01970
0.08
$510,600
2
1.5
1,087
Off Market
11 Ropes St, Salem, MA 01970
0.09
$1,054,000
8
4
4,486
Off Market
38 Gardner St #38, Salem, MA 01970
0.13
-
3
1
1,505
Off Market
23 Gardner St, Salem, MA 01970
0.13
$1,156,800
8
4
3,708
Off Market

Local Information

  • Map ViewExplore the area around 40 Cedar St.
  • Schools2 Preschool Schools5 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1915
1,892 sqft
$364/sqft

About this House

This multi-family home is located at 40 Cedar St, Salem, MA. 40 Cedar St is in Salem, MA and in ZIP code 01970. This property has 3 bedrooms, 2 bathrooms and approximately 1,892 sqft of floor space. This property has a lot size of 5227 sqft and was built in 1915.
40 Cedar St, Salem, MA 01970 is a 3 bedroom, 2 bathroom, 1,892 sqft multi-family built in 1915. It last sold for $143,000 on Jul 31, 1996. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $688,900, with a rent estimate of $2,990/month.

Home Details for 40 Cedar St

Interior Features

Interior Details
BasementNumber of Rooms: 8
Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other
Pool
Pool

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Jul 31, 1996
Source: N/A
Sold
$143,000

Market trends in Salem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$587K
$13KMoM
Sale-to-List Price
100.7%
0.2%MoM
Price per sq ft
$419
$11MoM
Available listings
126
7MoM

Around this home

What Locals Say about Salem

At least 438 Trulia users voted on each feature.

  • 90 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 81 % Say it's walkable to restaurants

  • 72 % Say there's holiday spirit

  • 70 % Say people would walk alone at night

  • 69 % Say streets are well-lit

  • 64 % Say car is needed

  • 61 % Say parking is easy

  • 61 % Say it's walkable to grocery stores

  • 60 % Say yards are well-kept

  • 59 % Say kids play outside

  • 56 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 42 % Say there's wildlife

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Salem has a lot to offer young children"
    0
    Flag
  • Melanie Lam
    "Amazing town with wonderful people! 10/10 recommend living here. Very clean and well maintained! Very diverse and accepting community as well! So much to do and see! The parks are beautiful and the beaches are fun! Great for families!"
    0
    Flag
  • Belindakindell
    "I took public transportation to Revere by way of bus and a connection at Wonderland T Station and I found it to be very efficient and very timely. There’s also a bus that goes directly into Haymarket. I’d be interested in trying that as well."
    0
    Flag
  • Cindy Paulino
    "It’s a good Neighbourhood to walk dogs family, friendly, much fun, fun fun fun fun. Any kids around the neighborhood to walk"
    0
    Flag
  • Qwtcqs9f4h
    "There can be a lot of traffic at times but I work remotely so I can’t answer too specifically. "
    0
    Flag
  • Jw4bwyxzfn
    "I drive my own vehicle. There are plenty of buses and trains and public transport that is like any other city, "
    0
    Flag
  • Chad B Perry
    " Joe has been on the field since the beginning and has been a great addition to our team and we are excited about him "
    0
    Flag
  • Roselie Samter
    "Very dog friendly. Shops have water for dogs, lots of green spaces. There are a lot of tourists. Nervous anxious dogs might feel crowded "
    0
    Flag
  • Trulia User
    "keeping eyes on each others respectful discipline and understanding, protecting eachothers, . their neighbors "
    4
    Flag
  • Trulia User
    "I've lived here for about 5 years now and it is a great neighborhood. everyone is friendly and outgoing and there is a convenience store within walking distance and a close ride to downtown Salem or peabody. "
    2
    Flag
  • Trulia User
    "my neighborhood is great because you're in between downtown Salem and the highway so you don't have to drive through Salem during Halloween at all!"
    1
    Flag
  • Trulia User
    "I live here from 1 year and i like the position near the city and highways. I dont like only that "its not the feeling of comunity and neighborhood feeling". "
    0
    Flag
  • Shannon D.
    "The dog park is great if you don’t have a yard! It’s on north street in Salem, just have to make sure to register prior to entry"
    8
    Flag
  • Credicab85
    "Ive lived here my whole life and love it friendly historic area and unique neighborhoods. Amazing to see the old houses still in perfect condition, right next to brand new construction "
    6
    Flag
  • Maxsons
    "Great parks and close to downtown activities and the museum is right there very close schools, walking distance "
    1
    Flag
  • Darlenis S.
    "Close by to where we live. Train station is about 5 minutes away and there are bus stops pretty much on every corner"
    2
    Flag
  • Pagemasterdesigns
    "I’ve lived in Salem for 26 years. Most of that time has been in South Salem. Everyone is very friendly, dog owners respectful, the city keeps it super clean. It’s a great place to live. We raised 5 children here and all attended the public schools. "
    0
    Flag
  • Ally K. S.
    "The dog park is great. They have a small one for the little pups! lots of public parks and beaches. Lots of nice land scape to look at on walks!"
    2
    Flag
  • Carl Panzram
    "My neighborhood boasts the uniquely gigantic one way street to observe all the ballin’ colonial mansions."
    4
    Flag
  • ARBrandner
    "Great access to public transit; We are close to 128/95, 1, and 1A. Traffic can be brutal in October, but is not so terrible that I would want to move. "
    0
    Flag
  • Pagemasterdesigns
    "There is great access to public transportation all around Salem. The traffic is a nightmare though. We commute to Woburn daily and must leave an hour and a half early to get there. That is the downside. Traffic in and out of Salem is horrible most days too. You have to know the back roads to get around fairly quickly "
    2
    Flag
  • Mia E. F.
    "it's a real life Halloween town with the positives of both a small town and a court all rolled into one"
    2
    Flag
  • Krystle R.
    "I don’t live in the area I work in the area every October and I love it, aside from tourist traffic but I would love to live here!"
    1
    Flag
  • Stephanie W.
    "Salem is crowded & expensive. I don’t know much about the schools, if I had to guess, I’d probably chose private school. "
    0
    Flag
  • Jennifer A. L.
    "I've lived here for 3 years and its family friendly, with people from all walks of life, we have become.close with our neighbors!"
    27
    Flag
  • Sheree
    "Just moved here and love the community vibe. Very safe and beautiful. Feels like vacation every day. "
    0
    Flag
  • Michaeldossantos83
    "nice place to walk dogs and very dog friendly. almost everyone has dogs here. also lots of interesting places and dog parks."
    3
    Flag
  • Cmsmous
    "Beautiful neighborhood I love it . Very convenient to comité to Boston using the commuter rail or boating "
    1
    Flag
  • Jaesundarkson
    "All the stores in town are very dog friendly and people have a great fondness and are very welcoming to dogs in Salem."
    0
    Flag
  • Chztruck
    "Haunted Happenings, waterfront, national park service, Peabody Essex Museum, restaurants, Ferry to Boston, commuter rail."
    0
    Flag
  • Jaydan20008
    "great place to leave quiet neighborhood everything is there and fun in Halloween i want to buy a house in salem because i fall in love with salem"
    0
    Flag
  • Sheree
    "Great area very community focused great neighbors very kid and dog friendly. Easy access to parks and water"
    0
    Flag
  • Aileen D. L. C.
    "There is a dog park nearby and everyone walks their dogs and the neighborhood is extremely Dog friendly. "
    0
    Flag
  • Tirwa_kailash2009
    "Very quite area, helpful neighbor. Walk to history of witch museum and every thing around this place. Anything leave outside will not loss and taken by anyone. "
    0
    Flag
  • Jazconley
    "There are a lot of Art events, Farmers Market. Halloween is a must in October! Salem cinema, and many restaurants."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 40 Cedar St

  • What is 40 Cedar St estimated to be worth?
    Trulia's estimated value for 40 Cedar St in Salem, MA is $688,900.
  • What is the price history for 40 Cedar St?
    40 Cedar St in Salem, MA last sold for $143,000 in July 1996.
  • Is Salem a buyer's or seller's market?
    Salem is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Salem?
    The median sale price in Salem is $587K. That is up $13K from the prior month.
  • Does 40 Cedar St have a pool?
    Yes, 40 Cedar St in Salem, MA has a pool.

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