House Prices

North Salem Salem, MA House Prices & Home Values 2026


Average Data

average house price$553,473
average size per house1789 ft²
average price per ft²307 $ / ft²

05/23/2026 - The value range (VR) for house prices in North Salem Salem, MA is $291.65/ sqft to $322.35/ sqft. An average home with 1789 sqft costs approximately $517,588 to $572,071. 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 $307. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes North Salem Salem

01970314 $ / ft²




Historical development of home values in North Salem Salem

Year Estimated value (USD) Change vs. 2025
2010 $257,043 -53.6%
2011 $247,103 -55.4%
2012 $246,438 -55.5%
2013 $255,649 -53.8%
2014 $268,361 -51.5%
2015 $282,134 -49.0%
2016 $296,858 -46.4%
2017 $312,880 -43.5%
2018 $330,178 -40.3%
2019 $345,488 -37.6%
2020 $363,348 -34.4%
2021 $413,269 -25.3%
2022 $481,779 -13.0%
2023 $508,058 -8.2%
2024 $537,450 -2.9%
2025 $553,473 0.0%

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



Example: 100% financing house in North Salem Salem

Loan amount: $553,473

Interest rate: 5.95%

Fixed monthly payment: $3,301.29

Breakdown in the 1st month:
Interest portion: $2,745.23  –  Principal portion: $556.06

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,757.64 $6,857.84 $546,615.16
2 $32,338.14 $7,277.34 $539,337.83
3 $31,892.98 $7,722.50 $531,615.33
4 $31,420.58 $8,194.89 $523,420.45
5 $30,919.30 $8,696.18 $514,724.27
6 $30,387.34 $9,228.13 $505,496.14
7 $29,822.85 $9,792.62 $495,703.52
8 $29,223.83 $10,391.64 $485,311.88
9 $28,588.16 $11,027.31 $474,284.57
10 $27,913.61 $11,701.86 $462,582.71
11 $27,197.80 $12,417.67 $450,165.03
12 $26,438.20 $13,177.27 $436,987.76
13 $25,632.14 $13,983.34 $423,004.43
14 $24,776.76 $14,838.71 $408,165.72
15 $23,869.07 $15,746.41 $392,419.31
16 $22,905.85 $16,709.63 $375,709.68
17 $21,883.70 $17,731.77 $357,977.91
18 $20,799.04 $18,816.44 $339,161.48
19 $19,648.02 $19,967.45 $319,194.02
20 $18,426.59 $21,188.88 $298,005.14
21 $17,130.45 $22,485.02 $275,520.12
22 $15,755.02 $23,860.45 $251,659.67
23 $14,295.46 $25,320.01 $226,339.66
24 $12,746.61 $26,868.86 $199,470.79
25 $11,103.02 $28,512.45 $170,958.34
26 $9,358.89 $30,256.58 $140,701.76
27 $7,508.07 $32,107.40 $108,594.35
28 $5,544.03 $34,071.44 $74,522.91
29 $3,459.85 $36,155.62 $38,367.29
30 $1,248.18 $38,367.29 $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 North Salem Salem, MA


1500 sqft3900 sqft
Ø selling price$552,748$1,175,845
Ø fast selling$502,498$1,058,260
Ø high price sale$602,998$1,293,429

In 2026, houses in North Salem Salem, MA will be offered at an average price of $307 per square foot. A 1,500 sqft home priced at $552,748 is 22.82% more expensive per square foot than a 3,900 sqft home priced at $1,175,845. Home prices in North Salem 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 $814,047. Sellers who can wait longer may achieve a higher price of up to $994,946.


North Salem, Salem MA Neighborhood Guide

Overview

North Salem in Salem, MA blends historic New England character with convenient urban access. Centered just north of downtown along the North River, the neighborhood offers tree-lined streets and a welcoming residential feel.

Homes and Architecture

Housing in North Salem ranges from antique colonials and Federal-era gems to classic triple-deckers and modern condos. Buyers appreciate the walkable blocks, off-street parking options, and a variety of price points, making homes for sale in North Salem attractive to first-time and move-up buyers.

Parks and Outdoors

Residents enjoy green spaces like Mack Park and riverside paths, perfect for dog walks, youth sports, and quiet weekend strolls.

Dining, Shopping, and Culture

The North Street corridor brings local cafes, bakeries, and everyday conveniences close to home. With downtown Salem and the Peabody Essex Museum minutes away, arts and seasonal events are an easy walk or bike ride.

Transportation and Convenience

Commuters value quick access to Route 1A and Route 114, plus proximity to the Salem MBTA Commuter Rail station for direct service to Boston.

Living in North Salem

Families and professionals alike praise the strong community vibe, neighborhood schools, and an active civic spirit. Whether you?re searching for a charming historic house or a low-maintenance condo, North Salem delivers a balanced lifestyle with Salem?s coastal energy close at hand.



FAQ – Home Values in North Salem Salem

What is the median home value in North Salem Salem in 2026?

In 2026, the typical home value in North Salem Salem is about $553,473 for an average home size of 1789 square feet. This corresponds to an average price of roughly $307 per square foot.

What is the average cost per square foot in North Salem Salem?

In 2026, homes in North Salem Salem sell for an average of around $307 per square foot, with a typical range between $291.65 and $322.35 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in North Salem?

The average home size in North Salem Salem is about 1789 square feet, with an estimated 2026 value around $553,473.



Neighborhoods close to North Salem 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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