$9,203 Closing Credit*
$775,000
2,460 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73313266, Kimberley Tufts, Listing Office: eXp Realty
Housing Prices in Salem, NH
How much do homes in Salem, NH cost?
Median List Price
$612,400
$307/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$83,400(+15.8%)
Key Takeaway
The list price of homes in Salem has increased by 15.8% since last year.
Summary: The median home list price in Salem was $612,400 in October 2024, up 15.8% from the previous year, and the median price per square foot was $307.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $382.5K | $479.4K | +25.3% |
| 2 Bedrooms | $594.7K | $594.5K | 0% |
| 3 Bedrooms | $487.4K | $574.9K | +17.9% |
| 4 Bedrooms | $754.9K | $712.4K | -5.6% |
| 5+ Bedrooms | $749K | $669.9K | -10.6% |
Summary: Salem housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 10.6%.
Median List Price Compared To Nearby Cities
| Salem | $529K | $612.4K | +15.8% |
| Methuen | $499.9K | $559.6K | +11.9% |
| Methuen Town | $499.9K | $559.6K | +11.9% |
| Atkinson | $650K | $674.9K | +3.8% |
| Windham | $844.9K | $869.9K | +3.0% |
Housing Supply in Salem, NH
How many homes are available in Salem, NH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 66 | +100.0% |
Summary: The Salem real estate market had 66 homes for sale in October 2024, a 100.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 5 | 9 | +80.0% |
| 3 Bedrooms | 12 | 30 | +150.0% |
| 4 Bedrooms | 12 | 18 | +50.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Salem housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Days on Market for Salem, NH
How long does it take to sell a home in Salem, NH?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 38 Days | -54.4% |
Summary: Homes in Salem had an average listing age of 38 days in Oct 2024, down by 54.4% compared to the previous year.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.