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

Salem Market Report

$475,379

AVERAGE PRICE OF 34 HOMES

$554,825

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$537,740

AVERAGE PRICE OF 5 HOMES WITH A POOL

$414,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $475,379
Avg Bedrooms 2.53 beds
Avg Bathrooms 1.59 baths

Average Price by Bedrooms

1 bedroom $359,600
2 bedrooms $472,212
3 bedrooms $388,114
4 bedrooms $658,883
5 bedrooms $499,000
Salem Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 37 50 56 65 58
Average Price $470,900 $501,592 $476,278 $445,368 $451,649
Avg Price Change -6.52% +5.31% +6.94% -1.41% -4.30%
Median Price $452,901 $457,164 $439,333 $412,970 $434,130
Med Price Change -0.94% +4.06% +6.38% -5.12% -1.71%
Avg Bedrooms 2.41 beds 2.55 beds 2.62 beds 2.61 beds 2.51 beds
Avg Bathrooms 1.66 baths 1.65 baths 1.6 baths 1.52 baths 1.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Public/Private 2 $439,900 49 days
Salem 1 $499,900 11 days
Salem High 5 $513,740 34 days
Salem Hs 1 $239,000 12 days
Shs 3 $533,000 11 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 34 $475,379 29 days
Newly Built Homes 4 $554,825 35 days
Homes with a Pool 5 $537,740 56 days
Reduced Price Homes 1 $414,900 25 days
Mike Quail Home Selling Team at EXP
100 Conifer Hill Drive Suite #102
Danvers, MA 01923
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.
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