House Prices

House Prices & Home Values Salem, MA 2026


Average Data

average house price$557,936
average size per house1804 ft²
average price per ft²310 $ / ft²

04/04/2026 - The value range (VR) for house prices in Salem, MA is $316/ sqft to $316/ sqft. An average home with 1804 sqft costs approximately $570,064 to $570,064. Salem, MA includes 1 ZIP codes and it is located in Essex county. The lowest prices are found in ZIP 01970, while the highest are in ZIP 01970. The average price per sqare feet is $310. Our analysis is based on 1344 property listings.

Avergage prices by ZIP codes Salem

01970336 $ / ft²


House prices by neighborhoods in Salem

Artists Row289 $ / ft²
Bakers Island285 $ / ft²
Bertram Field314 $ / ft²
Blaney Street Wharf304 $ / ft²
Blubber Hollow329 $ / ft²
Boston Street312 $ / ft²
Bridge Street Neck297 $ / ft²
Bridge Street Neck Historic District333 $ / ft²
Broad Street Cemetery312 $ / ft²
Broad Street Historic District341 $ / ft²
Camp Naumkeag338 $ / ft²
Canal Street315 $ / ft²
Castle Hill291 $ / ft²
Cat Cove299 $ / ft²
Central Salem Historic District320 $ / ft²
Central Wharf313 $ / ft²
Charter Street Historic District334 $ / ft²
Chestnut Street Historic District286 $ / ft²
Collins Cove288 $ / ft²
Collins Cove Beach288 $ / ft²
Congress Street307 $ / ft²
Crombie Street Historic District346 $ / ft²
Dead Horse Beach337 $ / ft²
Derby Square294 $ / ft²
Derby Street Neighborhood293 $ / ft²
Derby Waterfront District341 $ / ft²
Derby Wharf317 $ / ft²
Downtown Salem316 $ / ft²
Essex Institute Historic District336 $ / ft²
Essex Street Pedestrian Mall339 $ / ft²
Federal Street Historic District337 $ / ft²
Five Corners305 $ / ft²
Forest River348 $ / ft²
Fort Avenue337 $ / ft²
Fort Pickering299 $ / ft²
Furlong Park300 $ / ft²
Gallows Hill309 $ / ft²
Greenlawn303 $ / ft²
Harmony Grove Cemetery321 $ / ft²
Highland Avenue306 $ / ft²
Howard Street Cemetery285 $ / ft²
Jefferson Avenue344 $ / ft²
Juniper Point313 $ / ft²
Kernwood327 $ / ft²
Kernwood Country Club304 $ / ft²
Lafayette Square332 $ / ft²
Lafayette Street Historic District303 $ / ft²
Leslies Retreat335 $ / ft²
Lighthouse Point346 $ / ft²
Loring Avenue347 $ / ft²
Mack Park338 $ / ft²
Mary Jane Lee Park337 $ / ft²
McIntire Historic District307 $ / ft²
North River321 $ / ft²
North River Canal Corridor306 $ / ft²
North Salem314 $ / ft²
North Street Historic District323 $ / ft²
Northfields300 $ / ft²
Old Burying Point Cemetery318 $ / ft²
Olde Salem Greens320 $ / ft²
Orne Square304 $ / ft²
Osgood Park336 $ / ft²
Palmer Cove298 $ / ft²
Palmer Cove Park338 $ / ft²
Pickering Wharf319 $ / ft²
Pickman Park313 $ / ft²
Pioneer Village320 $ / ft²
Proctors Ledge Memorial329 $ / ft²
Riley Plaza304 $ / ft²
Salem Common335 $ / ft²
Salem Common Historic District300 $ / ft²
Salem Ferry Terminal294 $ / ft²
Salem Harbor Power Station297 $ / ft²
Salem Hospital338 $ / ft²
Salem Maritime National Historic Site317 $ / ft²
Salem Neck313 $ / ft²
Salem State University Central Campus319 $ / ft²
Salem State University North Campus314 $ / ft²
Salem State University South Campus326 $ / ft²
Salem Willows340 $ / ft²
Salem Witch Trials Memorial346 $ / ft²
Salem Woods341 $ / ft²
Shetland Park347 $ / ft²
South River304 $ / ft²
South Salem312 $ / ft²
Splaine Park348 $ / ft²
St. Marys Cemetery291 $ / ft²
Strongwater Crossing347 $ / ft²
The Point (El Punto)297 $ / ft²
Upper Bridge Street Historic District306 $ / ft²
Upper Washington Street Historic District316 $ / ft²
Vinnin Square302 $ / ft²
Washington Square293 $ / ft²
Winter Island318 $ / ft²
Witchcraft Heights300 $ / ft²




Historical development of home values in Salem

Year Estimated value (USD) Change vs. 2025
2010 $259,116 -53.6%
2011 $249,096 -55.4%
2012 $248,425 -55.5%
2013 $257,710 -53.8%
2014 $270,525 -51.5%
2015 $284,409 -49.0%
2016 $299,252 -46.4%
2017 $315,403 -43.5%
2018 $332,841 -40.3%
2019 $348,274 -37.6%
2020 $366,278 -34.4%
2021 $416,602 -25.3%
2022 $485,664 -13.0%
2023 $512,155 -8.2%
2024 $541,784 -2.9%
2025 $557,936 0.0%

Graph: estimated home values in Salem over time (USD)



Example: 100% financing house in Salem

Loan amount: $557,936

Interest rate: 6.00%

Fixed monthly payment: $3,345.11

Breakdown in the 1st month:
Interest portion: $2,789.68  –  Principal portion: $555.43

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $33,289.78 $6,851.52 $551,084.48
2 $32,867.19 $7,274.11 $543,810.37
3 $32,418.54 $7,722.76 $536,087.62
4 $31,942.22 $8,199.08 $527,888.54
5 $31,436.52 $8,704.78 $519,183.76
6 $30,899.63 $9,241.67 $509,942.08
7 $30,329.62 $9,811.68 $500,130.40
8 $29,724.46 $10,416.84 $489,713.56
9 $29,081.97 $11,059.33 $478,654.23
10 $28,399.85 $11,741.45 $466,912.79
11 $27,675.67 $12,465.63 $454,447.15
12 $26,906.81 $13,234.48 $441,212.67
13 $26,090.54 $14,050.76 $427,161.91
14 $25,223.92 $14,917.38 $412,244.53
15 $24,303.85 $15,837.45 $396,407.08
16 $23,327.03 $16,814.27 $379,592.81
17 $22,289.96 $17,851.34 $361,741.47
18 $21,188.93 $18,952.37 $342,789.11
19 $20,019.99 $20,121.31 $322,667.80
20 $18,778.95 $21,362.35 $301,305.45
21 $17,461.37 $22,679.93 $278,625.52
22 $16,062.52 $24,078.78 $254,546.74
23 $14,577.39 $25,563.91 $228,982.83
24 $13,000.67 $27,140.63 $201,842.20
25 $11,326.69 $28,814.61 $173,027.60
26 $9,549.47 $30,591.83 $142,435.77
27 $7,662.63 $32,478.66 $109,957.11
28 $5,659.42 $34,481.88 $75,475.23
29 $3,532.65 $36,608.64 $38,866.59
30 $1,274.71 $38,866.59 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Salem, MA


1500 sqft3900 sqft
Ø selling price$562,651$1,196,910
Ø fast selling$511,501$1,077,220
Ø high price sale$613,800$1,316,601

In 2026, houses in Salem, MA will be offered at an average price of $310 per square foot. A 1,500 sqft home priced at $562,651 is 24.40% more expensive per square foot than a 3,900 sqft home priced at $1,196,910. Home prices in Salem, MA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $828,631. Sellers who can wait longer may achieve a higher price of up to $1,012,771.


Salem, MA Travel Guide

History and Culture

Salem, MA is a coastal city on Massachusetts? North Shore celebrated for its blend of colonial charm and modern creativity.
It is globally known for the 1692 Salem Witch Trials, a pivotal chapter explored through museums, walking tours, and preserved sites.
The acclaimed Peabody Essex Museum showcases art, culture, and maritime collections that reflect Salem?s global trading past.

Attractions and Events

Visitors stroll past historic architecture, brick-lined streets, and waterfront wharves that tell stories of privateers and merchants.
Family-friendly attractions include the Salem Maritime National Historic Site, the House of the Seven Gables, and immersive history experiences.
In October, the city?s Haunted Happenings festival brings parades, costumes, and themed events that draw travelers from around the world.

Food, Access, and Tips

Foodies enjoy fresh seafood, craft breweries, and indie cafes clustered around the downtown waterfront and Essex Street pedestrian mall.
Day-trippers appreciate that Boston is about 35 minutes away by commuter rail, making Salem Massachusetts easy to reach.
Year-round, shops selling books, art, and locally made goods complement tours focused on witch history and maritime heritage.
Plan ahead for parking, timed tickets, and seasonal crowds to make the most of your Salem, MA getaway.



FAQ – Home Values in Salem

What is the median home value in Salem in 2026?

In 2026, the typical home value in Salem is about $557,936 for an average home size of 1804 square feet. This corresponds to an average price of roughly $310 per square foot.

What is the average cost per square foot in Salem?

In 2026, homes in Salem sell for an average of around $310 per square foot, with a typical range between $316 and $316 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Salem is about 1804 square feet, with an estimated 2026 value around $557,936.



Locations close to Salem, MA

South Hamilton, MA436 $ / ft²
Topsfield, MA473 $ / ft²
Wenham, MA379 $ / ft²
Rowley, MA342 $ / ft²
Rockport, MA457 $ / ft²
Peabody, MA272 $ / ft²
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