New - 2 days on Rocket
$7,836 Closing Credit¹
#73327140, Andrew Hillman, Listing Office: Hillman Real Estate
Salem Housing Market Report December 2024•Rockingham County, New Hampshire
Housing Prices in Salem, NH
How much do homes in Salem, NH cost?
Housing Market Conditions
Is Salem, NH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Salem is a Seller's Market
Difference Since November 2024
Last month, 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
$590,000$328/SqFt
-$30,000
-4.8%
Based on all homes sold in December 2024
Insight
Homes in Salem have sold for 4.8% less than they did a month ago.
Summary: The median home sold price in Salem was $590,000 in December 2024, down 4.8% from last month, and the median price per square foot was $328.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Windham | $875K | $1.1M | +26.3% |
| Salem | $620K | $590K | -4.8% |
| Atkinson | $650K | $565K | -13.1% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | $330K | N/A |
| 22 Bedrooms | $467K | $318K | -31.9% |
| 33 Bedrooms | $630K | $612.5K | -2.8% |
| 44 Bedrooms | $700K | $787.5K | +12.5% |
| 55+ Bedrooms | $1.2M | $1.0M | -18.8% |
Summary: Salem housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -31.9%. The home price for 3 bedroom homes decreased by -2.8%. The home price for 4 bedroom homes increased by +12.5%. The home price for 5 bedroom homes decreased by -18.8%.
Housing supply in Salem, NH
How many homes are available in Salem, NH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 71Last MonthDec 2024 | ||
| 902 months agoNov 2024 | -21.1 % Change MoMNov – Dec |
Summary: The Salem real estate market had 71 homes for sale in Dec 2024, a 21.1 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthDec 2024 | ||
| 312 months agoNov 2024 | +6.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 5 | +25.0% |
| 22 Bedrooms | 20 | 18 | -10.0% |
| 33 Bedrooms | 45 | 33 | -26.7% |
| 44 Bedrooms | 16 | 11 | -31.3% |
| 55+ Bedrooms | 5 | 4 | -20.0% |
Summary: Salem housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes decreased by -10.0%. The inventory for 3 bedroom homes decreased by -26.7%. The inventory for 4 bedroom homes decreased by -31.3%. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in Salem, NH cost?
Over Asking Price14 Homes
At Asking Price2 Homes
Under Asking Price17 Homes
Insight
If you're buying a home in Salem, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Salem in December 2024, up by 6.5% month-over-month. Of the 33 sold homes, 52% were sold under asking, 6% were sold at asking, and and 42% were sold over asking.
Days on Market for Salem, NH
How long does it take to sell a home in Salem, NH?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Salem are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 33 homes were sold in Salem; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 7 DaysLast MonthDec 2024 | ||
| 43 Days1 month agoNov 2024 | -83.9 % Change MoMNov – Dec |
Summary: Homes in Salem had an average listing age of 7 days in Dec 2024, down by 83.9% compared to the previous month.
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Newest Listings in Salem, NH
What homes are available in Salem, NH?
$5,936 Closing Credit¹
Stefanie Boudreau, Listing Office: BHHS Verani Realty Methuen
$5,569 Closing Credit¹
Debra Forte, Listing Office: Century 21 North East
$5,936 Closing Credit¹
Amie Ceder-Bracey, Listing Office: Realty One Group Reliant
$10,000 Closing Credit¹
#73315114, Joe Armano, Listing Office: Century 21 North East
$8,894 Closing Credit¹
#73313266, Kimberley Tufts, Listing Office: eXp Realty
$7,125 Closing Credit¹
The Josh Naughton Team, Listing Office: RE/MAX Innovative Properties
$10,000 Closing Credit¹
Joseph Armano, Listing Office: Century 21 North East
$10,000 Closing Credit¹
Peter Russell, Listing Office: Peter Russell & Associates
$8,894 Closing Credit¹
Kimberley Tufts, Listing Office: EXP Realty
$7,718 Closing Credit¹
Debbie Mackenzie, Listing Office: Debbie Mackenzie Realty
$7,232 Closing Credit¹
Susan Burns, Listing Office: Four Seasons Sotheby's Int'l Realty
MLS Disclaimers and Copyright
Based on information from PrimeMLS, and MLS Property Information Network Inc. for the period 11/01/2024 - 01/01/2025
© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/19/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/19/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.