5 Cedar Rd
Salem, MA 01970
(on 0.61 acres)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
1.58 | Lot/Land | $260,000 | 03/24/26 | - | - | ||
2.07 | Lot/Land | $1,375,000 | 09/05/25 | - | - | ||
2.29 | Lot/Land | $270,000 | 03/27/26 | - | - | ||
3.07 | Lot/Land | $551,500 | 08/22/25 | - | - | ||
2.84 | Lot/Land | $355,000 | 05/01/26 | - | - | ||
4.47 | Lot/Land | $1,025,000 | 06/03/26 | - | - | ||
5.32 | Lot/Land | $599,900 | 12/05/25 | - | - | ||
5.34 | Lot/Land | $425,000 | 08/29/25 | - | - | ||
5.75 | Lot/Land | $400,000 | 01/21/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.18 | $742,500 | 3 | 1.5 | 1,800 | Off Market | |
0.19 | $650,000 | 3 | 1.5 | 1,449 | Recently Sold | |
0.20 | $923,500 | 5 | 2.5 | 3,864 | Off Market | |
0.22 | $699,000 | 2 | 2.5 | 2,179 | Recently Sold | |
0.22 | $769,900 | 4 | 2.5 | 2,167 | Off Market | |
0.22 | $770,000 | 3 | 2 | 2,588 | Recently Sold | |
0.23 | $648,200 | 3 | 2 | 1,400 | Off Market | |
0.24 | $700,000 | 2 | 2.5 | 2,100 | Recently Sold | |
0.24 | $708,300 | 4 | 1 | 1,400 | Off Market | |
0.26 | $645,000 | 2 | 2.5 | 1,960 | For Sale | |
0.26 | $766,500 | 4 | 2 | 2,208 | Off Market | |
0.27 | $600,000 | 2 | 2.5 | 2,446 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
0.61 acres
About this House
This lot/land is located at 5 Cedar Rd, Salem, MA. 5 Cedar Rd is in Salem, MA and in ZIP code 01970. This property has a lot size of 0.61 acres.
5 Cedar Rd, Salem, MA 01970 is a lot/land. It is currently off market. The Trulia Estimate rent is $2,779/month.
Home Details for 5 Cedar Rd
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Property Type / Style Property Type: Lot Land |
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Lot Area: 0.61 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,454 | $245,300 |
Home facts updated by county records
Market trends in Salem
Last updated July 2026
Avg. sale price
$574K
$833MoM
Sale-to-List Price
100.3%
0.2%MoM
Price per sq ft
$430
$8MoM
Available listings
133
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 5 Cedar Rd
Off Market Homes Near 5 Cedar Rd
Frequently asked questions about 5 Cedar Rd
- Is Salem a buyer's or seller's market?Salem is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Salem?The median sale price in Salem is $574K. That is up $833 from the prior month.
- What do residents say about Salem?Residents describe Salem, MA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Salem, MA.
- What are the closest schools to 5 Cedar Rd?The closest schools to 5 Cedar Rd in Salem, MA are Bates (Pre-K/Elementary, rated 7/10), Carlton Elementary School (rated 5/10), Collins Middle School (rated 6/10).