Condos InSalem, MA

Salem, MA Condo Market Report (In last 12 months)

Avg. List Price

$531,377 ($436/Sqft.)

Year-Over-Year List Price

4.64%

Total Listings

289

Avg. Days on Market

Avg. Sale Price

$518,462 ($434/Sqft.)

Year-Over-Year Sale Price

4.88%

Total Sold

259

Avg. HOA Fees/Sqft.

$5/monthly

Salem, MA Condo Market Overview

Discover the enchanting allure of Salem, MA, where historic charm meets modern living. Known for its storied past and vibrant cultural scene, Salem offers a captivating blend of old-world beauty and contemporary amenities. The city's condo market caters to a variety of tastes, from luxurious waterfront properties along Salem Harbor, boasting breathtaking sea views, to more affordable options nestled within the enchanting streets of the McIntire Historic District. Neighborhoods like Derby Wharf and The Point are bustling with activity, offering easy access to eclectic boutiques, trendy cafes, and art galleries. For those seeking tranquility, the serene landscapes of Winter Island provide a perfect escape. Salem’s diverse real estate market ensures every buyer finds a home that suits their lifestyle, whether it's a chic downtown loft or a charming, historic townhouse. Experience the unique fusion of history, culture, and modernity that makes Salem an extraordinary place to call home.

Condos For Sale In Salem, MA

Popular Condos Neighborhoods in Salem, MA

Central Business District

Salem

5 Units Available

North Salem

Salem

8 Units Available

The Point

Salem

2 Units Available

South Salem

Salem

8 Units Available

Central Business District

Salem

5 Units Available

North Salem

Salem

8 Units Available

The Point

Salem

2 Units Available

South Salem

Salem

8 Units Available

Derby Street/Waterfront District

Salem

5 Units Available

Vinnin Square

Salem

3 Units Available

Castle Hill

Salem

1 Units Available

West Salem

Salem

4 Units Available

Explore Salem, MA Neighborhoods

Salem, MA, is a charming city steeped in history and replete with modern-day allure. Famous for its rich maritime past and vibrant arts community, it entices visitors with beautifully preserved architecture and an array of eclectic shops and eateries. Whether exploring its historic streets, experiencing the lively cultural scene, or engaging in its famed Halloween festivities, this city offers a captivating blend of historical intrigue and contemporary charm.

Frequently Asked Questions About Salem, MA

What is it like to live in Salem?

Salem offers a unique blend of historical charm and modern living, with its colonial architecture and vibrant downtown area. The city is known for its rich history, particularly related to the 17th-century witch trials, and it features various museums and cultural sites. The real estate market includes a mix of historic homes and contemporary apartments, with easy access to public transportation linking to nearby Boston.

What is it like to live in Salem?

Is Salem expensive?

Salem's cost of living is slightly above the national average, with real estate prices largely dependent on proximity to the historic downtown and waterfront areas. Popular neighborhoods like McIntire Historic District and South Salem are known for higher property values.

Is Salem expensive?

How much is a condo in Salem?

The average price of a condo in Salem, MA, typically ranges from $300,000 to $500,000, depending on factors such as location, size, and condition. Condos near downtown and historic areas generally command higher prices.

How much is a condo in Salem?

What are the safest neighborhoods in Salem?

South Salem and North Salem are considered among the safer neighborhoods, offering a suburban feel with access to good schools and community facilities. These areas have relatively lower crime rates and provide a mix of residential and commercial properties.