House Prices

The Point (El Punto) Salem, MA House Prices & Home Values 2026


Average Data

average house price$523,344
average size per house1692 ft²
average price per ft²291 $ / ft²

05/23/2026 - The value range (VR) for house prices in The Point (El Punto) Salem, MA is $276.45/ sqft to $305.55/ sqft. An average home with 1692 sqft costs approximately $438,753 to $484,938. 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 $291. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes The Point (El Punto) Salem

01970297 $ / ft²




Historical development of home values in The Point (El Punto) Salem

Year Estimated value (USD) Change vs. 2025
2010 $243,050 -53.6%
2011 $233,652 -55.4%
2012 $233,023 -55.5%
2013 $241,732 -53.8%
2014 $253,752 -51.5%
2015 $266,776 -49.0%
2016 $280,698 -46.4%
2017 $295,848 -43.5%
2018 $312,205 -40.3%
2019 $326,681 -37.6%
2020 $343,569 -34.4%
2021 $390,772 -25.3%
2022 $455,553 -13.0%
2023 $480,402 -8.2%
2024 $508,194 -2.9%
2025 $523,344 0.0%

Graph: estimated home values in The Point (El Punto) Salem over time (USD)



Example: 100% financing house in The Point (El Punto) Salem

Loan amount: $523,344

Interest rate: 5.63%

Fixed monthly payment: $3,013.65

Breakdown in the 1st month:
Interest portion: $2,454.48  –  Principal portion: $559.17

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,277.98 $6,885.88 $516,458.12
2 $28,880.29 $7,283.57 $509,174.56
3 $28,459.63 $7,704.23 $501,470.33
4 $28,014.67 $8,149.18 $493,321.15
5 $27,544.02 $8,619.84 $484,701.31
6 $27,046.18 $9,117.67 $475,583.64
7 $26,519.60 $9,644.26 $465,939.38
8 $25,962.59 $10,201.26 $455,738.12
9 $25,373.42 $10,790.43 $444,947.69
10 $24,750.23 $11,413.63 $433,534.06
11 $24,091.04 $12,072.82 $421,461.24
12 $23,393.77 $12,770.08 $408,691.16
13 $22,656.24 $13,507.61 $395,183.55
14 $21,876.11 $14,287.74 $380,895.81
15 $21,050.93 $15,112.92 $365,782.88
16 $20,178.09 $15,985.77 $349,797.12
17 $19,254.84 $16,909.02 $332,888.10
18 $18,278.26 $17,885.59 $315,002.50
19 $17,245.28 $18,918.57 $296,083.93
20 $16,152.65 $20,011.21 $276,072.72
21 $14,996.91 $21,166.95 $254,905.77
22 $13,774.42 $22,389.44 $232,516.33
23 $12,481.32 $23,682.53 $208,833.80
24 $11,113.54 $25,050.31 $183,783.49
25 $9,666.77 $26,497.08 $157,286.41
26 $8,136.44 $28,027.41 $129,258.99
27 $6,517.73 $29,646.13 $99,612.86
28 $4,805.52 $31,358.33 $68,254.53
29 $2,994.43 $33,169.42 $35,085.11
30 $1,078.74 $35,085.11 $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 The Point (El Punto) Salem, MA


1500 sqft3900 sqft
Ø selling price$495,419$1,053,891
Ø fast selling$450,381$948,502
Ø high price sale$540,457$1,159,280

In 2026, houses in The Point (El Punto) Salem, MA will be offered at an average price of $291 per square foot. A 1,500 sqft home priced at $495,419 is 21.57% more expensive per square foot than a 3,900 sqft home priced at $1,053,891. Home prices in The Point (El Punto) 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 $729,617. Sellers who can wait longer may achieve a higher price of up to $891,754.

FAQ – Home Values in The Point (El Punto) Salem

What is the median home value in The Point (El Punto) Salem in 2026?

In 2026, the typical home value in The Point (El Punto) Salem is about $523,344 for an average home size of 1692 square feet. This corresponds to an average price of roughly $291 per square foot.

What is the average cost per square foot in The Point (El Punto) Salem?

In 2026, homes in The Point (El Punto) Salem sell for an average of around $291 per square foot, with a typical range between $276.45 and $305.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in The Point (El Punto)?

The average home size in The Point (El Punto) Salem is about 1692 square feet, with an estimated 2026 value around $523,344.



Neighborhoods close to The Point (El Punto) 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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