4 hours on Rocket
#73398911, Armstrong Field Team, Listing office: Aluxety
Salem Housing Market Report June 2025•Essex County, Massachusetts
Housing Prices in Salem, MA
How much do homes in Salem, MA cost?
Housing Market Conditions
Is Salem, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Salem is a Seller's Market
Difference Since June 2024
Since last year, Salem has remained a Seller's Market.
Insight
Salem is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$605,000$401/SqFt
+$50,000
+9.0%
Based on all homes sold in the last 12 months
Insight
Homes in Salem have sold for 9% more than they did a year ago.
Summary: The median home sold price in Salem was $605,000 in June 2025, up 9% from last year, and the median price per square foot was $401.
Median Sold Price By Cities
| City | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| Salem | $555K | $605K | +9.0% |
| Peabody | $620K | $660K | +6.5% |
| Beverly | $685K | $722.5K | +5.5% |
| Swampscott | $735K | $750K | +2.0% |
| Marblehead | $949K | $950K | 0.1% |
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $352.4K | $370K | +5.0% |
| 22 Bedrooms | $505K | $520K | +3.0% |
| 33 Bedrooms | $605K | $640K | +5.8% |
| 44 Bedrooms | $756.2K | $775K | +2.5% |
| 55+ Bedrooms | $930K | $1.0M | +10.2% |
Summary: Salem housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +5.0%. The home price for 2 bedroom homes increased by +3.0%. The home price for 3 bedroom homes increased by +5.8%. The home price for 4 bedroom homes increased by +2.5%. The home price for 5 bedroom homes increased by +10.2%.
How does Salem, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Salem, MA
Housing supply in Salem, MA
How many homes are available in Salem, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 169Last MonthJun 2025 | ||
| 1612 months agoMay 2025 | +5.0 % Change MoMMay – Jun |
Summary: The Salem real estate market had 169 homes for sale in Jun 2025, a 5.0 % increase compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 43Last MonthJun 2025 | ||
| 492 months agoMay 2025 | -12.2 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 13 | 14 | +7.7% |
| 22 Bedrooms | 62 | 62 | 0.0% |
| 33 Bedrooms | 43 | 49 | +14.0% |
| 44 Bedrooms | 18 | 22 | +22.2% |
| 55+ Bedrooms | 25 | 22 | -12.0% |
Summary: Salem housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +7.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +14.0%. The inventory for 4 bedroom homes increased by +22.2%. The inventory for 5 bedroom homes decreased by -12.0%.
Asking Price vs. Sold Price
How much do homes in Salem, MA cost?
Over Asking Price24 Homes
At Asking Price2 Homes
Under Asking Price17 Homes
Insight
If you're buying a home in Salem, you could pay more than the asking price. 55.8% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in Salem in June 2025, down by 12.2% month-over-month. Of the 43 sold homes, 40% were sold under asking, 5% were sold at asking, and and 56% were sold over asking.
Days on Market for Salem, MA
How long does it take to sell a home in Salem, MA?
Breakdown of Home Sale Times
Under 30 Days34 Homes
30 – 90 Days9 Homes
Over 90 Days0 Home
Insight
Many homes in Salem are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 43 homes were sold in Salem; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 24 DaysThis YearJun 2025 | ||
| 16 Days1 year agoJun 2024 | +48.7 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Salem had an average listing age of 24 days in Jun 2025, up by 48.7% compared to the previous year.
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Newest Listings in Salem, MA
What homes are available in Salem, MA?
3 days on Rocket
#73398041, Mary Stewart & Heather Kaznoski, Listing office: Compass
4 days on Rocket
#73397540, Daniel Meegan, Listing office: J. Barrett & Company
5 days on Rocket
#73397390, Michael Becker, Listing office: Atlantic Coast Homes,Inc
6 days on Rocket
#73393766, DalBon & Company, Listing office: Keller Williams Realty Evolution
6 days on RocketBackup offers
#73396458, Mark Wade, Listing office: Coldwell Banker Realty - Marblehead
6 days on Rocket
#73396333, Kathleen Sullivan, Listing office: RE/MAX Beacon
6 days on Rocket
#73396223, William Raye, Listing office: William Raveis R.E. & Home Services
6 days on Rocket
#73396191, The Mary Scimemi Team, Listing office: Leading Edge Real Estate
7 days on RocketBackup offers
#73395817, The Property Twins, Listing office: William Raveis R.E. & Home Services
#73394909, Rossetti Poti Team, Listing office: Coldwell Banker Realty - Lynnfield
Backup offers
#73394535, Marie White, Listing office: LAER Realty Partners
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 07/01/2023 - 07/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/1/2025, 8:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.