5 bedroom homes for sale in Salem, MA

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Salem, MA Real Estate Market Overview

Between January 2025 and February 2025, Salem, MA real estate market has seen decrease in the number of listings by 15.9%. The median list price of listings available in February 2025 was $599,159, while the average time on the real estate market was 28 days. In February 2025, from all listings sold in Salem, MA there were more than 9 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Salem, MA

Schools near Salem, MA

Elementary Schools

  • Bentley Academy Innovation School

    25 Memorial Dr

    Public District KG-5

  • Horace Mann Laboratory

    79 Willson St

    Public District KG-5

  • Carlton

    10 Skerry St

    Public District KG-5

Middle Schools

  • Marblehead Veterans Middle School

    217 Pleasant St

    Public District 7-8

  • Marblehead Community Charter Public School

    17 Lime St

    Public Charter 4-8

  • Collins Middle School

    29 Highland Ave

    Public District 6-8

High Schools

  • Marblehead High School

    2 Humphrey St

    Public District 9-12

  • Salem Academy Charter School

    45 Congress St, Shetland Park

    Public Charter 6-12

  • New Liberty Innovation School

    2 E India Square Mall Ste 200

    Public District 9-12

Data provided by Great Schools

Housing market reports in Essex County

Homes for sale near Salem, MA

Top real estate cities in Massachusetts

*Based on Rocket Mortgage data in comparison to public data records.

1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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