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Salem, MA 01970 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Salem, MA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 3232PendingPending sales: 22
Salem, MA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $540k$540kSoldMedian sold price (last 6 months): $610k$610k
What homes actually sell for in Salem, MA
Distribution of 294 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $475k to $757k
$340k to $441k: 43 sales$340k$441k to $542k: 59 sales59sales$542k to $644k: 53 sales$542k$644k to $745k: 46 sales$745k to $846k: 30 sales$745k$846k to $948k: 16 sales$948k to $1.05M: 12 sales$948k$1.05M to $1.15M: 5 salesMedian $610k

What the numbers say

As of October 19, 2026, Resideline is tracking 32 active listings and 2 pending sales in ZIP code 01970. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $539,900, while the median of the 294 closed sales Resideline tracked over the last six months was $610,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 01970 for 57 days.

Frequently asked questions

What is the median home price in 01970?

The median closed sale price in Salem, MA 01970 was $610,000 over the last six months, based on 294 closed sales tracked by Resideline. The middle half of those sales ranged from $475,000 to $757,000.

Is 01970 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 32 active listings in 01970, a pending-to-active ratio of 0.06. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 01970 currently looks like a balanced market.

Nearby ZIP code market data

Full Salem, MA housing market report →

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