Salem, MA Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Salem, MA.
Average buy price
$401.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.99 / sqft / month
Monthly rent per square foot.
Median home price
$589,647
Estimated median residential sale price.
Median monthly rent
$2,717
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 52.4% over the last 5 years.
Rent price development
Rent prices have increased by about 6.6% over the last 5 years.
Submitted values in Salem
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Buy | condo | $438.00 / sqft | 1,045 sqft | $457,710 | Bridge Street Neck 01970 |
| 2026-06-30 | Rent | apartment | $3.42 / sqft | 650 sqft | $2,223 | Downtown Salem 01970 |
| 2026-06-26 | Buy | condo | $522.00 / sqft | 995 sqft | $519,390 | McIntire Historic District 01970 |
| 2026-06-26 | Buy | multi-family home | $397.00 / sqft | 2,840 sqft | $1,127,480 | Bridge Street Neck 01970 |
| 2026-06-25 | Buy | single-family home | $452.00 / sqft | 1,560 sqft | $705,120 | Forest River 01970 |
| 2026-06-24 | Rent | single-family home | $2.33 / sqft | 1,890 sqft | $4,404 | Forest River 01970 |
| 2026-06-22 | Buy | multi-family home | $315.00 / sqft | 4,025 sqft | $1,267,875 | The Point 01970 |
| 2026-06-21 | Rent | apartment | $3.21 / sqft | 580 sqft | $1,862 | The Point 01970 |
| 2026-06-21 | Rent | duplex | $2.46 / sqft | 1,585 sqft | $3,899 | Castle Hill 01970 |
| 2026-06-21 | Buy | duplex | $361.00 / sqft | 2,460 sqft | $888,060 | Castle Hill 01970 |
| 2026-06-19 | Buy | townhouse | $486.00 / sqft | 1,215 sqft | $590,490 | Salem Common 01970 |
| 2026-06-18 | Buy | single-family home | $431.00 / sqft | 2,475 sqft | $1,066,725 | Witchcraft Heights 01970 |
| 2026-06-17 | Rent | townhouse | $2.72 / sqft | 1,365 sqft | $3,713 | Gallows Hill 01970 |
| 2026-06-13 | Buy | condo | $552.00 / sqft | 690 sqft | $380,880 | Derby Waterfront 01970 |
| 2026-06-11 | Rent | single-family home | $2.18 / sqft | 2,140 sqft | $4,665 | Vinnin Square 01970 |
| 2026-06-10 | Buy | townhouse | $441.00 / sqft | 1,495 sqft | $659,295 | Federal Street 01970 |
| 2026-06-09 | Rent | apartment | $3.08 / sqft | 1,120 sqft | $3,450 | Bridge Street Neck 01970 |
| 2026-06-07 | Rent | apartment | $2.89 / sqft | 845 sqft | $2,442 | Gallows Hill 01970 |
| 2026-06-06 | Rent | townhouse | $2.62 / sqft | 1,510 sqft | $3,956 | South Salem 01970 |
| 2026-06-05 | Rent | duplex | $2.73 / sqft | 1,215 sqft | $3,317 | Federal Street 01970 |
| 2026-06-02 | Rent | condo | $3.12 / sqft | 1,040 sqft | $3,245 | Forest River 01970 |
| 2026-05-27 | Buy | multi-family home | $329.00 / sqft | 3,650 sqft | $1,200,850 | North Salem 01970 |
| 2026-05-23 | Rent | apartment | $2.67 / sqft | 930 sqft | $2,483 | North Salem 01970 |
| 2026-05-22 | Rent | loft | $3.56 / sqft | 870 sqft | $3,097 | Bridge Street Neck 01970 |
| 2026-05-22 | Buy | single-family home | $392.00 / sqft | 1,680 sqft | $658,560 | Gallows Hill 01970 |
| 2026-05-21 | Buy | single-family home | $489.00 / sqft | 1,375 sqft | $672,375 | Salem Willows 01970 |
| 2026-05-19 | Rent | apartment | $2.84 / sqft | 820 sqft | $2,329 | Highland Ave 01970 |
| 2026-05-16 | Rent | apartment | $3.01 / sqft | 760 sqft | $2,288 | Federal Street 01970 |
| 2026-05-15 | Buy | single-family home | $377.00 / sqft | 1,835 sqft | $691,795 | South Salem 01970 |
| 2026-05-14 | Rent | condo | $3.39 / sqft | 965 sqft | $3,271 | Downtown Salem 01970 |
| 2026-05-13 | Buy | single-family home | $416.00 / sqft | 2,025 sqft | $842,400 | Witchcraft Heights 01970 |
| 2026-05-12 | Rent | loft | $3.29 / sqft | 940 sqft | $3,093 | Downtown Salem 01970 |
| 2026-05-10 | Buy | condo | $462.00 / sqft | 1,185 sqft | $547,470 | North Salem 01970 |
| 2026-05-09 | Rent | apartment | $3.64 / sqft | 455 sqft | $1,656 | Downtown Salem 01970 |
| 2026-05-02 | Buy | condo | $498.00 / sqft | 880 sqft | $438,240 | Salem Willows 01970 |
| 2026-04-28 | Buy | multi-family home | $354.00 / sqft | 3,180 sqft | $1,125,720 | The Point 01970 |
| 2026-04-27 | Buy | duplex | $342.00 / sqft | 2,625 sqft | $897,750 | Highland Ave 01970 |
| 2026-04-27 | Rent | apartment | $3.47 / sqft | 700 sqft | $2,429 | Salem Common 01970 |
| 2026-04-26 | Rent | luxury apartment | $3.93 / sqft | 890 sqft | $3,498 | Salem Willows 01971 |
| 2026-04-25 | Buy | single-family home | $405.00 / sqft | 2,210 sqft | $895,050 | Vinnin Square 01970 |
| 2026-04-24 | Buy | single-family home | $368.00 / sqft | 1,945 sqft | $715,760 | Castle Hill 01970 |
| 2026-04-24 | Buy | condo | $575.00 / sqft | 760 sqft | $437,000 | Derby Waterfront 01971 |
| 2026-04-22 | Buy | condo | $514.00 / sqft | 780 sqft | $400,920 | Downtown Salem 01970 |
| 2026-04-20 | Buy | condo | $429.00 / sqft | 1,125 sqft | $482,625 | Highland Ave 01970 |
| 2026-04-20 | Buy | townhouse | $467.00 / sqft | 1,340 sqft | $625,780 | McIntire Historic District 01970 |
| 2026-04-17 | Rent | condo | $2.96 / sqft | 1,085 sqft | $3,212 | Witchcraft Heights 01970 |
| 2026-04-17 | Rent | luxury apartment | $3.74 / sqft | 1,020 sqft | $3,815 | Derby Waterfront 01970 |
| 2026-04-17 | Rent | duplex | $2.51 / sqft | 1,420 sqft | $3,564 | South Salem 01970 |
| 2026-04-13 | Rent | luxury apartment | $4.06 / sqft | 735 sqft | $2,984 | Derby Waterfront 01971 |
| 2026-04-13 | Rent | condo | $3.18 / sqft | 910 sqft | $2,894 | Salem Common 01970 |
| 2026-03-01 | Rent | apartment | $3.05 / sqft / month | 905 sqft | $2,760 | North Salem 01970 |
| 2026-02-12 | Buy | condo | $486.00 / sqft | 950 sqft | $461,700 | Downtown Salem 01970 |
| 2025-09-01 | Rent | luxury apartment | $3.68 / sqft / month | 810 sqft | $2,981 | Derby Waterfront 01971 |
| 2025-06-20 | Buy | multi-family home | $386.00 / sqft | 3,560 sqft | $1,374,160 | The Point 01970 |
| 2024-11-01 | Rent | loft | $3.24 / sqft / month | 870 sqft | $2,819 | Downtown Salem 01970 |
| 2024-04-05 | Buy | townhouse | $452.00 / sqft | 1,420 sqft | $641,840 | Salem Common 01970 |
| 2023-09-01 | Rent | apartment | $3.02 / sqft / month | 740 sqft | $2,235 | Federal Street 01970 |
| 2023-05-12 | Buy | single-family home | $397.00 / sqft | 1,680 sqft | $666,960 | Gallows Hill 01970 |
| 2022-10-01 | Rent | single-family home | $2.29 / sqft / month | 1,875 sqft | $4,294 | Witchcraft Heights 01970 |
| 2022-06-03 | Buy | condo | $421.00 / sqft | 1,035 sqft | $435,735 | Bridge Street Neck 01970 |
| 2021-08-01 | Rent | condo | $2.86 / sqft / month | 980 sqft | $2,803 | Downtown Salem 01970 |
| 2021-04-16 | Buy | duplex | $319.00 / sqft | 2,380 sqft | $759,220 | Castle Hill 01970 |
| 2020-12-01 | Rent | apartment | $2.41 / sqft / month | 690 sqft | $1,663 | Highland Ave 01970 |
| 2020-05-29 | Buy | single-family home | $341.00 / sqft | 1,745 sqft | $595,045 | Forest River 01970 |
| 2019-09-01 | Rent | luxury apartment | $2.72 / sqft / month | 760 sqft | $2,067 | Derby Waterfront 01970 |
| 2019-06-10 | Buy | condo | $369.00 / sqft | 910 sqft | $335,790 | Salem Willows 01970 |
| 2018-08-01 | Rent | apartment | $2.33 / sqft / month | 820 sqft | $1,911 | Salem Common 01970 |
| 2018-04-27 | Buy | townhouse | $347.00 / sqft | 1,295 sqft | $449,365 | McIntire Historic District 01970 |
| 2017-11-01 | Rent | duplex | $1.97 / sqft / month | 1,460 sqft | $2,876 | South Salem 01970 |
| 2017-07-14 | Buy | single-family home | $295.00 / sqft | 2,010 sqft | $592,950 | Witchcraft Heights 01970 |
| 2016-09-01 | Rent | apartment | $2.15 / sqft / month | 705 sqft | $1,516 | The Point 01970 |
| 2016-05-24 | Buy | condo | $316.00 / sqft | 875 sqft | $276,500 | Derby Waterfront 01970 |
| 2015-10-01 | Rent | townhouse | $1.82 / sqft / month | 1,325 sqft | $2,412 | Gallows Hill 01970 |
| 2015-03-18 | Buy | multi-family home | $241.00 / sqft | 3,300 sqft | $795,300 | North Salem 01970 |
| 2014-12-01 | Rent | condo | $2.08 / sqft / month | 940 sqft | $1,955 | Downtown Salem 01970 |
| 2014-06-06 | Buy | single-family home | $268.00 / sqft | 1,825 sqft | $489,100 | Forest River 01970 |
| 2013-09-01 | Rent | apartment | $1.86 / sqft / month | 780 sqft | $1,451 | Federal Street 01970 |
| 2013-07-26 | Buy | condo | $284.00 / sqft | 965 sqft | $274,060 | Salem Common 01970 |
| 2012-08-01 | Rent | loft | $1.92 / sqft / month | 830 sqft | $1,594 | Bridge Street Neck 01970 |
| 2012-04-13 | Buy | single-family home | $231.00 / sqft | 1,760 sqft | $406,560 | Witchcraft Heights 01970 |
| 2011-11-01 | Rent | apartment | $1.72 / sqft / month | 690 sqft | $1,187 | Highland Ave 01970 |
| 2011-05-20 | Buy | condo | $249.00 / sqft | 790 sqft | $196,710 | Derby Waterfront 01970 |
| 2010-09-01 | Rent | duplex | $1.38 / sqft / month | 1,240 sqft | $1,711 | Castle Hill 01970 |
| 2010-06-17 | Buy | townhouse | $236.00 / sqft | 1,350 sqft | $318,600 | South Salem 01970 |
| 2009-10-01 | Rent | apartment | $1.47 / sqft / month | 735 sqft | $1,080 | North Salem 01970 |
| 2009-03-30 | Buy | multi-family home | $181.00 / sqft | 3,020 sqft | $546,620 | The Point 01970 |
| 2008-12-01 | Rent | condo | $1.55 / sqft / month | 900 sqft | $1,395 | Downtown Salem 01970 |
| 2008-08-08 | Buy | single-family home | $218.00 / sqft | 1,585 sqft | $345,530 | Gallows Hill 01970 |
| 2007-09-01 | Rent | apartment | $1.69 / sqft / month | 845 sqft | $1,428 | Salem Common 01970 |
| 2007-04-19 | Buy | condo | $259.00 / sqft | 1,010 sqft | $261,590 | Federal Street 01970 |
| 2006-07-01 | Rent | single-family home | $1.34 / sqft / month | 1,720 sqft | $2,305 | Forest River 01970 |
| 2006-01-12 | Buy | duplex | $214.00 / sqft | 2,250 sqft | $481,500 | Highland Ave 01970 |
| 2005-10-01 | Rent | loft | $1.78 / sqft / month | 760 sqft | $1,353 | Bridge Street Neck 01970 |
| 2005-05-04 | Buy | single-family home | $238.00 / sqft | 1,900 sqft | $452,200 | Witchcraft Heights 01970 |
| 2004-09-01 | Rent | apartment | $1.61 / sqft / month | 650 sqft | $1,047 | Downtown Salem 01970 |
| 2004-06-21 | Buy | condo | $246.00 / sqft | 820 sqft | $201,720 | Salem Willows 01970 |
| 2003-11-01 | Rent | duplex | $1.25 / sqft / month | 1,390 sqft | $1,738 | South Salem 01970 |
| 2003-03-28 | Buy | townhouse | $221.00 / sqft | 1,210 sqft | $267,410 | McIntire Historic District 01970 |
| 2002-08-15 | Rent | apartment | $1.53 / sqft / month | 790 sqft | $1,209 | Derby Waterfront 01970 |
| 2002-07-03 | Buy | multi-family home | $157.00 / sqft | 3,180 sqft | $499,260 | Castle Hill 01970 |
| 2001-12-01 | Rent | condo | $1.42 / sqft / month | 875 sqft | $1,243 | Salem Common 01970 |
| 2001-05-16 | Buy | single-family home | $172.00 / sqft | 1,650 sqft | $283,800 | North Salem 01970 |
| 2000-09-01 | Rent | apartment | $1.31 / sqft / month | 610 sqft | $799 | The Point 01970 |
| 2000-04-07 | Buy | condo | $183.00 / sqft | 930 sqft | $170,190 | Downtown Salem 01970 |
| 1999-10-01 | Rent | townhouse | $1.03 / sqft / month | 1,280 sqft | $1,318 | Gallows Hill 01970 |
| 1999-06-09 | Buy | single-family home | $149.00 / sqft | 1,880 sqft | $280,120 | Forest River 01970 |
| 1998-07-01 | Rent | apartment | $1.18 / sqft / month | 700 sqft | $826 | Federal Street 01970 |
| 1998-02-14 | Buy | duplex | $134.00 / sqft | 2,050 sqft | $274,700 | Bridge Street Neck 01970 |
| 1997-09-01 | Rent | single-family home | $0.94 / sqft / month | 1,500 sqft | $1,410 | Witchcraft Heights 01970 |
| 1997-04-25 | Buy | condo | $159.00 / sqft | 780 sqft | $124,020 | Salem Willows 01970 |
| 1996-11-01 | Rent | apartment | $1.11 / sqft / month | 560 sqft | $622 | Downtown Salem 01970 |
| 1996-07-19 | Buy | single-family home | $128.00 / sqft | 1,740 sqft | $222,720 | South Salem 01970 |
| 1995-12-01 | Rent | condo | $1.07 / sqft / month | 910 sqft | $974 | Derby Waterfront 01970 |
| 1995-05-30 | Buy | townhouse | $151.00 / sqft | 1,320 sqft | $199,320 | McIntire Historic District 01970 |
| 1994-08-01 | Rent | apartment | $1.02 / sqft / month | 640 sqft | $653 | Salem Common 01970 |
| 1994-03-11 | Buy | multi-family home | $102.00 / sqft | 2,850 sqft | $290,700 | Castle Hill 01970 |
| 1993-10-15 | Rent | duplex | $0.82 / sqft / month | 1,180 sqft | $968 | North Salem 01970 |
| 1993-06-22 | Buy | condo | $136.00 / sqft | 860 sqft | $116,960 | Downtown Salem 01970 |
| 1992-09-01 | Rent | apartment | $0.89 / sqft / month | 720 sqft | $641 | The Point 01970 |
| 1992-04-18 | Buy | single-family home | $121.00 / sqft | 1,580 sqft | $191,180 | Gallows Hill 01970 |
Housing market overview for Salem, MA
The real estate market in Salem, MA can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $401.00 / sqft and an average rent of $2.99 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Salem?
The average residential buy price in Salem, MA is $401.00 / sqft based on the current values available on this page.
How much is rent per square foot in Salem?
The average rental price in Salem, MA is $2.99 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Salem increasing?
Buy prices have increased by about 52.4% over the last 5 years. Rent prices have increased by about 6.6% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.