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

Salem Market Report

$469,051

AVERAGE PRICE OF 74 HOMES

$839,900

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$507,794

AVERAGE PRICE OF 19 HOMES WITH A POOL

$454,380

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $469,051
Avg Bedrooms 2.47 beds
Avg Bathrooms 1.53 baths

Average Price by Bedrooms

1 bedroom $297,077
2 bedrooms $392,703
3 bedrooms $574,553
4 bedrooms $603,720
5 bedrooms $574,450
Salem Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 53 57 55 49 38
Average Price $513,917 $520,754 $537,380 $508,782 $472,882
Avg Price Change -1.33% -3.19% +5.62% +7.59% -0.43%
Median Price $500,679 $489,022 $512,771 $475,982 $453,131
Med Price Change +2.38% -4.86% +7.73% +5.04% +3.31%
Avg Bedrooms 2.55 beds 2.57 beds 2.59 beds 2.49 beds 2.57 beds
Avg Bathrooms 1.62 baths 1.7 baths 1.71 baths 1.7 baths 1.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
S.H.S. 1 $658,000 11 days
Salem 5 $518,760 15 days
Salem High 4 $588,425 17 days
Salem Hs 3 $389,633 25 days
Shs 2 $447,000 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 74 $469,051 22 days
Newly Built Homes 2 $839,900 34 days
Homes with a Pool 19 $507,794 22 days
Reduced Price Homes 5 $454,380 24 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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