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A monthly snapshot of the Salem housing market — median sale price, price per square foot, active inventory, and days on market — built for agents to reference and share with clients and teams.
Updated August 2026 · Refreshed monthly
Core valuation and inventory metrics based on the Zillow Home Value Index (ZHVI) and recent closed sales.
Sales velocity, pricing tension and competitiveness, based on recent closed transactions.
Photo: Unsplash
Estimated pricing by home size, modeled from Salem's current price-per-square-foot range ($355–$415/sqft). Use as a directional guide — confirm with active comps for a specific listing.
| Home Type | Typical Size | Est. Price Range |
|---|---|---|
| Condo / Studio-1BR | ~600–850 sq ft | $215,000 – $355,000 |
| Condo / 2BR | ~950–1,300 sq ft | $335,000 – $540,000 |
| Single-Family (starter) | ~1,300–1,800 sq ft | $460,000 – $745,000 |
| Single-Family (larger) | ~2,000–3,000 sq ft | $710,000 – $1,245,000 |
Salem's pricing is close to flat: Redfin's June median sale price came in at $603,000, up 0.8% year-over-year, while median price per square foot slipped 0.5% to $384 and Zillow's typical home value stands at $592,554, up 1.1%. The bigger change this month is speed — average days on market stretched to 34 from 22 a year ago, and the Compete Score eased to 79 from the high-80s readings earlier this year. Thirty-eight homes closed in the past month, and buyers now have more room to negotiate than Salem sellers have been used to. Price to the June comps, not to spring expectations, and budget for a longer marketing window on anything above the median.
How Salem pricing compares to the broader Greater Boston market.
This page blends multiple public real estate data sources to give agents a fuller monthly picture than any single source alone. Figures refresh each month; exact numbers can vary slightly between providers due to differing sample windows and geographic boundaries.
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