Salem, MA Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Salem: a median closing price of $605,000 across 293 closings Resideline tracked over the last six months, plus the full price spread.
If you invest in or around Salem, the number that matters is what homes actually close for, not what sellers are asking. Here is what Salem sale prices look like right now, built from the closings Resideline tracked over the last six months, as of September 2026.
The snapshot
- •Closings tracked, last 6 months: 293
- •Median sold price, last 6 months: $605,000
- •Median sold $/sqft, last 6 months: $408
- •Middle half of sales closed between: $479,000 and $745,000
What the numbers say
Resideline tracked 293 closed sales in Salem over the last six months, with a median closing price of $605,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $479,000 and $745,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 292 closings with usable living area, the middle half sold between $322 and $491 per square foot.
Figures last updated September 6, 2026 from closings Resideline tracked.
Median home price in Salem, MA (September 2026)
The median home price in Salem is $605,000, measured across the 293 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $479,000 and $745,000.
Where Salem sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Salem over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $479,000 and $745,000. Among the 40 Massachusetts markets with a published band, Salem's middle-half spread ($479,000 to $745,000) ranks 13th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 32nd percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.
How long a sale takes here
- •Listed to under contract: a median of 21 days, across 142 Salem closings Resideline tracked in the last six months
- •Contract to closing: a median of 26 days, across 108 Salem closings Resideline tracked in the last six months
The Salem angle
Salem's 293 tracked closings over the last six months set the median closed sale price at $605,000, with the middle half of sales between $479,000 and $745,000. The spread is close to typical for the markets we track, which makes the median an honest but limited anchor. There is more distance between the median and the top of the band than between the median and the bottom, so upside estimates separate from the midpoint faster than downside ones. For a typical Salem property the median is a sound starting point; for anything you believe belongs in the upper stretch, the burden of proof rises with the number, and matched closed sales are the only evidence that carries it.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Salem address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Salem, MA
Geography: incorporated municipality, Census place 2559105
Data updated: September 2026
Analysis period: last six months
Tracked closings: 293
Median sold price: $605,000
Median sold $/sqft: $408 (292 qualifying)
https://resideline.com/blog/salem-ma-housing-market
Writing about this market? Paste this into your post:
<a href="https://resideline.com/blog/salem-ma-housing-market">
<img src="https://resideline.com/images/embed/salem-ma.png" alt="Salem, MA home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/salem-ma-housing-market">Resideline Market Watch</a></p>
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Salem over the last six months, and is refreshed when the data is.
Frequently Asked Questions
What is the median home price in Salem?
The median sold price in Salem over the last 6 months is $605,000, measured across 293 closings Resideline tracked.
How many homes sold in Salem last month?
Resideline tracked 43 closed sales in Salem in August 2026, out of 293 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Salem?
The middle half of Salem sales over the last six months closed between $479,000 and $745,000, with a median of $605,000.
What is the typical price per square foot in Salem?
Among qualifying Salem closings Resideline tracked over the last six months, the median sold price per square foot was $408, measured across 292 sales with usable living area. Median is used rather than average because outliers distort the mean.
Should I be worried that my Salem estimate is above the median?
Not automatically. A quarter of tracked closings finish above the 75th percentile, and the stretch between the median and that upper quartile is the wider half of the band here, so above-median results are a routine part of the market. What matters is support: an above-median estimate should rest on closed sales that resemble the property, not on optimism.