Is Salem, NH a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Salem is a seller's market


Difference Since April 2022

Since last year, Salem has remained a Seller's Market.

Key Takeaway

Salem is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Salem, NH cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Salem have sold for 9.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $157.5K$250K
2 $415K$415K
3 $562.5K$485K
4 $617.5K$649.9K
5+ $710K$575K

Median Sold Price Compared To Nearby Cities

Methuen Town

How many homes are available in Salem, NH?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 11
2 34
3 410
4 53
5+ 01

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Salem, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Salem are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Salem, NH

Salem, NH has 19 homes for sale to choose from. In April 2023 in Salem, NH there were 46.2% more homes for sale than in March 2023. In April 2023 median list price was $500,000 and the average listing age was 17 days. From March 2023 through April 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 58.7%, the cost of 2 bedrooms properties have not changed, 3 bedrooms properties became 13.8% more cheaper, the cost of 4 bedrooms properties went up by 5.2%, the cost of 5 bedrooms properties went down by 19%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 33.3%, the quantity of 3 bedrooms homes went up by 150%, 4 bedrooms homes became 40% less available, 5 bedrooms homes inventory increased by 100%. Over 3 listings were sold over their listed price in April 2023 in Salem, NH. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.

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