Janet Howcroft
978-326-7302978-326-7302

Salem Real Estate Analysis

Salem Real Estate Market Stats

Average Home Values

Price Distribution


Owners vs Renters

Home Averages

$111 Average Price
1,722Avg Home Size
1919Avg Year Built

Local vs National Home Values

 LocalNational
Zillow Home Value Index $342,100 $195,700
Median Single Family Home Value $386,400 $194,200
Median Condo Value $279,400 $209,700
Median 2-Bedroom Home Value $307,900 $153,400
Median 3-Bedroom Home Value $378,500 $189,700
Median 4-Bedroom Home Value $402,800 $313,200
Percent Homes Decreasing 5.3% 16%
Percent Listing Price Reduction 10.8% 11.9%
Median List Price Per Sq Ft $228 $125
Median List Price $314,000 $239,500
Median Sale Price 111 2,445,410
Homes For Sale 111 2,445,410
Homes Recently Sold 111 2,445,410
Property Tax $4,137 $2,147
Turnover (Sold Within Last Yr.) 3% 3.2%
Median Value Per Sq Ft $233 $132
1-Yr. Change 4.5% 6.9%
Homes For Sale By Owner 0 90,252
New Construction 0 127,549
Foreclosures 0 15,235

Local vs National Demographics

 LocalNational
Median Household Income 44,033 44,512
Single Males 17.4% 14.6%
Single Females 18% 12.5%
Median Age 37 36
Homes With Kids 22.5% 31.4%
Average Household Size 2 2
Average Commute Time (Minutes) 28 26

Salem School Data

Salem School Districts

Salem School District
PK-12
http://salem.k12.ma.us/Pages/index
Salem Academy Charter (District)
6-12
Salem Community Charter School (District)
9-12

Salem Schools

Salem Early Childhood
PK & ungraded, public
Saltonstall School
K-8, public
Bates Elementary School
K-5, public
http://spsbates.salemk12.org/Pages/index
Bentley Elementary School
K-5, public
http://spsbentley.salemk12.org/Pages/index
Carlton Elementary School
K-5, public
http://spscarlton.salemk12.org/Pages/index
Horace Mann Laboratory
K-5, public
Salem High School
9-12, public
Witchcraft Heights Elementary School
K-5, public
http://spswhes.salemk12.org/Pages/index
Collins Middle School
6-8, public
Nathaniel Bowditch
K-8, public
St. Joseph School
PK-8, private
The Phoenix School
PK-8, private
http://www.Phoenixschool.org
The Greenhouse School
n/a, private
Salem Academy Charter School
6-12, charter
http://www.salemacademycs.org
Solarterre-E-Em Child Growing
n/a, private
Salem Community Charter School
9-12, charter
Salem Prep High School
9-12, public

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