Salem, Massachusetts
A walkable downtown, waterfront, commuter rail and neighborhoods ranging from historic streets to newer condominiums.
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Search Salem homesMarket update
August 2026 · Single-family residences
$720,000
Median sale price
Year to date
−0.7%
91
Homes sold
Year to date
−10.8%
101
Under contract
Year to date
0.0%
26
Homes for sale
August 2026
0.0%
Changes compare with the same period one year earlier.
In August 2026, Salem recorded 11 single-family closings, compared with 11 in August 2025. The median sale price was $720,000, compared with $725,000 a year earlier.
Through August 2026, Salem recorded 91 closings and a $720,000 median sale price, compared with 102 closings and $725,000 through August 2025.
At the end of August, Salem had 26 single-family homes for sale, compared with 26 a year earlier, and 2.0 months of inventory.
Source: Massachusetts Association of REALTORS® Local Market Update — August 2026, Salem, Single Family Residence. Data from Berkshire County MLS and Cape Cod & Islands Association of REALTORS®, Inc. and MLS Property Information Network, Inc.. View the Salem report or browse the Massachusetts Association of REALTORS® report library.
Median sales price and percent of original list price received do not account for seller concessions.
Living here
A walkable downtown, waterfront, commuter rail and neighborhoods ranging from historic streets to newer condominiums.
Downtown supports walking, dining, ferry and rail access, while neighborhoods such as the Common, McIntire District, North Salem and the Willows feel quite different. October changes traffic and routines enough that buyers should experience it firsthand.
Expect a mix of older single-family homes, condominiums and properties shaped by the coast. Condition, parking, outdoor space and proximity to the water can vary as much within town as asking price.
Near the shoreline, review flood exposure, insurance, drainage and past storm work early. For older homes and condominiums, inspection findings, reserves and planned exterior work deserve the same attention as the view.
Explore nearby
A short drive can change the pace, the water access and the kind of home available. Keep these nearby communities in the conversation.
Sold comparables
Closed sales are the clearest read on what buyers are actually paying in Salem.
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Local expertise
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FAQ
Median home prices in Salem, Massachusetts shift with the season and inventory mix. A Bean Group agent can pull current comparable sales for any neighborhood within Salem.
Buyer demand in Salem, Massachusetts varies by price band and property type. A Bean Group agent can review current listing and sales activity with you before you write an offer.
Days-on-market in Salem fluctuates seasonally. A Bean Group agent can review the most recent sales activity with you.
Property taxes in Salem are set locally and reassessed periodically. Current rates are published by the municipality; a Bean Group agent can point you to the official figures for any home you're considering.
Request a free, no-obligation home valuation from a Bean Group agent. We combine recent sales data with an in-person walk-through to give you a defensible number — not an algorithmic guess.
Get in touch
Send a note and a Bean Group agent will follow up about buying or selling in Salem.
