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

In May 2026 Salem Neck homes were listed to buy for a median price of $534K, which is a 24% decrease to April 2025 last month, and a 23% decrease to May 2025 last year. The median value of a home listed to buy in Salem Neck in May 2026 was $435 per sqft, which is a 8% decrease to April 2025 last month, and a 7% decrease to May 2025 last year.

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

It is expensive to live in Salem Neck. Buying a home in Salem Neck is 1% more expensive compared with the national average.

Is it a good time to buy property in Salem Neck Salem, MA?

Yes now is a good time to buy property in Salem Neck, in May 2026, homes in Salem Neck have decreased in value (price per sqft) by 7% in the last year compared with May 2025.

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

In May 2026, homes to buy in Salem Neck spent an median 27 days on the market, a same May 2025 last year.

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

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

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

In May 2026, Salem Neck homes were listed to buy for a median price of $534K, with 25% down you would need $3.05K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $104K.

Is it a good time to sell my house in Salem Neck Salem, MA?

Yes now is a good time to sell your house in Salem Neck, in May 2026, homes in Salem Neck have decreased in value (price per sqft) by 7% in the last year compared with May 2025.