If you need assistance, please call 781-838-0068

Salem Market Report

$561,225

AVERAGE PRICE OF 51 HOMES

$1,024,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$565,952

AVERAGE PRICE OF 17 HOMES WITH A POOL

$594,900

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $561,225
Avg Bedrooms 2.73 beds
Avg Bathrooms 1.63 baths

Average Price by Bedrooms

1 bedroom $504,966
2 bedrooms $427,994
3 bedrooms $665,478
4 bedrooms $614,733
5 bedrooms $799,000
Salem Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 61 n/a n/a n/a 31
Average Price $567,047 n/a n/a n/a $543,767
Avg Price Change n/a n/a n/a n/a +8.58%
Median Price $539,900 n/a n/a n/a $519,365
Med Price Change n/a n/a n/a n/a +8.33%
Avg Bedrooms 2.77 beds n/a n/a n/a 2.52 beds
Avg Bathrooms 1.63 baths n/a n/a n/a 1.56 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Choice 1 $699,000 33 days
Salem 3 $409,900 9 days
Salem High 9 $546,499 20 days
Salem Hs 1 $525,000 34 days
Salem Prep High 2 $609,900 37 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 51 $561,225 34 days
Multi-Million Dollar Homes 2 $1,024,500 89 days
Homes with a Pool 17 $565,952 41 days
Reduced Price Homes 4 $594,900 27 days
Sagan Harborside Sotheby's International Realty
Michael Cannuscio
One Essex St
Marblehead, MA 01945
781-838-0068

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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