Median Price
$571,000
$416/sqft
Schools
4.4/10
Average
Appreciation
5.1/10
Growth Potential
Commute
28 min
to Boston
Live Market Snapshot
Loading…Recently Sold in Salem
View all 33 sales$0
Curated Median
33
Total Sales on Record
$0–0
Price Range
Well Over Median
3bd2ba1,841 sqft
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Well Over Median
3bd2ba1,755 sqft
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Well Over Median
4bd4ba2,700 sqft
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Well Over Median
4bd3ba3,025 sqft
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Well Over Median
4bd2ba1,545 sqft
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Well Over Median
3bd2ba1,364 sqft
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What Drives Prices in Salem
Full breakdownDecomposition of the $571,000 median price into its underlying components.
Land Value$128,015 (22%)
Structure & Quality$512,062 (90%)
School Premium-$102,412 (-18%)
Access & Commute Premium$96,780 (17%)
Prestige & Stability Premium-$63,444 (-11%)
770
School Value Score
1280
Overall Value Score
The Salem Vibe
Historic maritime city with quirky witch tourism, artist community, and authentic waterfront charm
More than just witch history—Salem has a thriving arts scene, beautiful waterfront, and authentic New England maritime character. It's quirky, affordable, and full of personality.
Highlights
🔮 Witch trial history and October tourism boom
⛵ Beautiful working waterfront and maritime heritage
🎨 Thriving arts and creative community
🚂 Commuter rail to North Station in 30-35 minutes
Who It's For
✓ Great for
- •History buffs and creative types
- •First-time buyers wanting character over perfection
- •Artists and alternative lifestyle seekers
- •Those who embrace quirky over conventional
⚠ Consider elsewhere if
- •You hate tourist season (October is insane)
- •You need top schools now
- •You want cookie-cutter suburban predictability
Demographics
Population43,442
Median Age38.3
Median Household Income$106,793
Work from Home15.5%
Professional Sector47.5%
Insider Tips
- 1.Avoid buying near tourist areas unless you love crowds
- 2.The Witch Museum is fun once, then you're over it
- 3.McIntire Historic District has gorgeous Federal-era homes