If you need assistance, please call 978-291-8003

Salem Market Report

$457,575

AVERAGE PRICE OF 93 HOMES

$1,323,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$560,499

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$414,998

AVERAGE PRICE OF 13 HOMES WITH A POOL

$480,811

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $457,575
Avg Bedrooms 2.88 beds
Avg Bathrooms 1.65 baths

Average Price by Bedrooms

1 bedroom $316,175
2 bedrooms $354,444
3 bedrooms $450,617
4 bedrooms $571,307
5 bedrooms $784,225
Salem Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 79 68 56 49 49
Average Price $415,949 $411,717 $383,520 $407,527 $416,343
Avg Price Change +1.03% +7.35% -6.26% -2.16% -0.04%
Median Price $394,806 $386,179 $363,074 $370,511 $374,893
Med Price Change +2.23% +6.36% -2.05% -1.18% -5.64%
Avg Bedrooms 2.71 beds 2.82 beds 2.59 beds 2.78 beds 2.74 beds
Avg Bathrooms 1.57 baths 1.69 baths 1.6 baths 1.68 baths 1.64 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Public 1 $359,000 43 days
Salem 2 $411,000 35 days
Salem High 16 $436,012 16 days
Salemm 1 $415,000 67 days
Shs 3 $314,766 15 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 93 $457,575 26 days
Multi-Million Dollar Homes 2 $1,323,500 9 days
Newly Built Homes 11 $560,499 47 days
Homes with a Pool 13 $414,998 19 days
Reduced Price Homes 9 $480,811 30 days
The Quail Group at Keller Williams Realty
Mike Quail
500 Cummings Center, Suite 1550
Beverly, MA 01915
978-291-8003


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.