How much does it cost to buy a house in Downtown Salem Salem, MA?

In June 2026 Downtown Salem homes were listed to buy for a median price of $419K, which is a 38% decrease to May 2025 last month, and a 37% decrease to June 2025 last year. The median value of a home listed to buy in Downtown Salem in June 2026 was $521 per sqft,

Is it affordable or expensive to live in Downtown Salem Salem, MA?

It is affordable to live in Downtown Salem. Buying a home in Downtown Salem is 1% less expensive compared with the national average.

Is the Downtown Salem Salem, MA housing market slowing down?

The housing market in Downtown Salem is slowing down. In June 2026, homes to buy in Downtown Salem spent an median 32 days on the market, a 13% decrease from June 2025 last year.

What are the best and safest places to live in Downtown Salem Salem, MA?

The best and safest neighborhoods to live in Downtown Salem in June 2026 are Beacon Hill, Downtown Boston, Seaport District, Back Bay, Waban, Cambridgeport, Waterfront, North End, Marina Bay, Magnolia, Belvidere, West Revere, Allston, Squantum, West Peabody, South Peabody, South Salem, Houghes Neck, Federal Street, Diamond District

How much money should I make to buy a house in Downtown Salem Salem, MA?

In June 2026, Downtown Salem homes were listed to buy for a median price of $419K, with 25% down you would need $2.41K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $82.6K.