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 11 Days Ago

Newest Listings in Salem, NH

Nearby Markets to Salem, NH

What housing markets are near Salem, NH?