Housing Prices in Salem, NH

How much do homes in Salem, NH cost?

Median List Price

$589,800

$312/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$89,900(+18.0%)

Key Takeaway

The list price of homes in Salem has increased by 18% since last year.

Summary: The median home list price in Salem was $589,800 in April 2024, up 18% from the previous year, and the median price per square foot was $312.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $150K$415K
+176.7%
2 $389.9K$679.9K
+74.4%
3 $469.9K$507.4K
+8.0%
4 $650K$785K
+20.8%
5+ $662K$974.5K
+47.2%

Summary: Salem housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 176.7%, 2 bedroom homes increased by 74.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 47.2%.

Median List Price Compared To Nearby Cities

Windham
+23.7%
Salem
+18.0%
Atkinson
+16.7%
Methuen
+5.0%
Methuen Town
+5.0%

Housing Supply in Salem, NH

How many homes are available in Salem, NH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2754+100.0%

Summary: The Salem real estate market had 54 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 611
+83.3%
2 720
+185.7%
3 914
+55.6%
4 48
+100.0%
5+ 11
0.0%

Summary: The Salem housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 83.3%, 2 bedroom homes increased by 185.7%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Salem, NH

How long does it take to sell a home in Salem, NH?

Average Listing Age

Apr 2023Apr 2024CHANGE
58 Days45 Days-21.4%

Summary: Homes in Salem had an average listing age of 45 days in Apr 2024, down by 21.4% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in Salem, NH

Nearby Markets to Salem, NH

What housing markets are near Salem, NH?