#73337185, Team Lillian Montalto, Listing Office: Lillian Montalto Signature Properties
Salem Housing Market Report January 2025•Rockingham County, New Hampshire
Housing Prices in Salem, NH
How much do homes in Salem, NH cost?
Median List Price
Based on all homes listed in the last 12 months
The list price of homes in Salem has decreased by 1.7% since last year.
Summary: The median home list price in Salem was $570,000 in January 2025, down 1.7% from the previous year, and the median price per square foot was $316.
Median List Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Windham | $779.9K | $869.9K | +11.5% |
Methuen Town | $519K | $572.2K | +10.3% |
Methuen | $519K | $572K | +10.2% |
Atkinson | $737.5K | $774.4K | +5.0% |
Salem | $579.7K | $570K | -1.7% |
Median List Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $382.5K | $607.4K | +58.8% |
22 Bedrooms | $680K | $387.2K | -43.1% |
33 Bedrooms | $499.9K | $559.9K | +12.0% |
44 Bedrooms | $754.9K | $887.4K | +17.6% |
55+ Bedrooms | $749K | $669.9K | -10.6% |
Summary: Salem housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +58.8%. The home price for 2 bedroom homes decreased by -43.1%. The home price for 3 bedroom homes increased by +12.0%. The home price for 4 bedroom homes increased by +17.6%. The home price for 5 bedroom homes decreased by -10.6%.
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 |
---|---|---|
25Last MonthJan 2025 | ||
172 months agoDec 2024 | +47.1 % Change MoMDec – Jan |
Summary: The Salem real estate market had 25 homes for sale in Jan 2025, a 47.1 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 6 | 11 | +83.3% |
33 Bedrooms | 8 | 11 | +37.5% |
44 Bedrooms | 2 | 2 | 0.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Salem housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +83.3%. The inventory for 3 bedroom homes increased by +37.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Salem, NH cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price4 Homes
If you're buying a home in Salem, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Salem in January 2025, up by 700.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% 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 Days1 Home
Over 90 Days0 Home
Many homes in Salem are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 8 homes were sold in Salem; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
This Year | 1 year ago | Change YoY |
---|---|---|
51 DaysThis YearJan 2025 | ||
90 Days1 year agoJan 2024 | -42.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Salem had an average listing age of 51 days in Jan 2025, down by 42.6% compared to the previous year.
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Newest Listings in Salem, NH
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MLS Disclaimers and Copyright
Based on information from PrimeMLS, and MLS Property Information Network Inc. for the period 02/01/2023 - 02/01/2025
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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: 2/21/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.