House Prices

Essex Street Pedestrian Mall Salem, MA House Prices & Home Values 2026


Average Data

average house price$597,550
average size per house1932 ft²
average price per ft²332 $ / ft²

05/23/2026 - The value range (VR) for house prices in Essex Street Pedestrian Mall Salem, MA is $315.4/ sqft to $348.6/ sqft. An average home with 1932 sqft costs approximately $652,617 to $721,314. 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 $332. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Essex Street Pedestrian Mall Salem

01970339 $ / ft²




Historical development of home values in Essex Street Pedestrian Mall Salem

Year Estimated value (USD) Change vs. 2025
2010 $277,513 -53.6%
2011 $266,782 -55.4%
2012 $266,063 -55.5%
2013 $276,008 -53.8%
2014 $289,732 -51.5%
2015 $304,602 -49.0%
2016 $320,499 -46.4%
2017 $337,797 -43.5%
2018 $356,473 -40.3%
2019 $373,002 -37.6%
2020 $392,284 -34.4%
2021 $446,181 -25.3%
2022 $520,147 -13.0%
2023 $548,519 -8.2%
2024 $580,251 -2.9%
2025 $597,550 0.0%

Graph: estimated home values in Essex Street Pedestrian Mall Salem over time (USD)



Example: 100% financing house in Essex Street Pedestrian Mall Salem

Loan amount: $597,550

Interest rate: 6.43%

Fixed monthly payment: $3,747.89

Breakdown in the 1st month:
Interest portion: $3,199.88  –  Principal portion: $548.01

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $38,201.38 $6,773.29 $590,776.71
2 $37,753.08 $7,221.59 $583,555.12
3 $37,275.10 $7,699.56 $575,855.56
4 $36,765.50 $8,209.17 $567,646.38
5 $36,222.16 $8,752.51 $558,893.87
6 $35,642.86 $9,331.81 $549,562.06
7 $35,025.21 $9,949.46 $539,612.60
8 $34,366.69 $10,607.98 $529,004.62
9 $33,664.58 $11,310.09 $517,694.53
10 $32,916.00 $12,058.67 $505,635.87
11 $32,117.88 $12,856.79 $492,779.08
12 $31,266.93 $13,707.74 $479,071.33
13 $30,359.66 $14,615.01 $464,456.32
14 $29,392.33 $15,582.33 $448,873.99
15 $28,360.99 $16,613.68 $432,260.31
16 $27,261.38 $17,713.29 $414,547.02
17 $26,089.00 $18,885.67 $395,661.35
18 $24,839.02 $20,135.65 $375,525.70
19 $23,506.30 $21,468.37 $354,057.33
20 $22,085.38 $22,889.29 $331,168.04
21 $20,570.41 $24,404.26 $306,763.78
22 $18,955.17 $26,019.50 $280,744.28
23 $17,233.02 $27,741.65 $253,002.63
24 $15,396.89 $29,577.78 $223,424.85
25 $13,439.23 $31,535.44 $191,889.41
26 $11,352.00 $33,622.67 $158,266.74
27 $9,126.62 $35,848.05 $122,418.70
28 $6,753.95 $38,220.71 $84,197.98
29 $4,224.25 $40,750.42 $43,447.56
30 $1,527.11 $43,447.56 $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 Essex Street Pedestrian Mall Salem, MA


1500 sqft3900 sqft
Ø selling price$645,364$1,372,864
Ø fast selling$586,694$1,235,578
Ø high price sale$704,033$1,510,150

In 2026, houses in Essex Street Pedestrian Mall Salem, MA will be offered at an average price of $332 per square foot. A 1,500 sqft home priced at $645,364 is 24.63% more expensive per square foot than a 3,900 sqft home priced at $1,372,864. Home prices in Essex Street Pedestrian Mall Salem, MA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $950,444. Sellers who can wait longer may achieve a higher price of up to $1,161,654.

FAQ – Home Values in Essex Street Pedestrian Mall Salem

What is the median home value in Essex Street Pedestrian Mall Salem in 2026?

In 2026, the typical home value in Essex Street Pedestrian Mall Salem is about $597,550 for an average home size of 1932 square feet. This corresponds to an average price of roughly $332 per square foot.

What is the average cost per square foot in Essex Street Pedestrian Mall Salem?

In 2026, homes in Essex Street Pedestrian Mall Salem sell for an average of around $332 per square foot, with a typical range between $315.4 and $348.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Essex Street Pedestrian Mall?

The average home size in Essex Street Pedestrian Mall Salem is about 1932 square feet, with an estimated 2026 value around $597,550.



Neighborhoods close to Essex Street Pedestrian Mall Salem, MA

Asbury Grove South Hamilton, MA402 $ / ft²
North Bellingham Bellingham, MA245 $ / ft²
Ponkapoag Canton, MA482 $ / ft²
Pigeon Cove Rockport, MA449 $ / ft²
West Peabody Peabody, MA270 $ / ft²
Salisbury Beach Salisbury, MA311 $ / ft²
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