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Salem, MA 01970 Housing Market

Data snapshot: November 9, 2026. Closed-sale window: last 6 months.
Salem, MA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 3535PendingPending sales: 66
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): $525k$525kSoldMedian sold price (last 6 months): $619k$619k
What homes actually sell for in Salem, MA
Distribution of 300 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $485k to $760k
$340k to $448k: 41 sales$340k$448k to $555k: 64 sales64sales$555k to $662k: 55 sales$555k$662k to $770k: 54 sales$770k to $878k: 19 sales$770k$878k to $985k: 16 sales$985k to $1.09M: 13 sales$985k$1.09M to $1.2M: 8 salesMedian $619k

What the numbers say

As of November 9, 2026, Resideline is tracking 35 active listings and 6 pending sales in ZIP code 01970. That pending-to-active ratio of 0.17 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $525,000, while the median of the 300 closed sales Resideline tracked over the last six months was $619,000. 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 65 days.

Frequently asked questions

What is the median home price in 01970?

The median closed sale price in Salem, MA 01970 was $619,000 over the last six months, based on 300 closed sales tracked by Resideline. The middle half of those sales ranged from $485,000 to $760,000.

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

Resideline is currently tracking 6 pending sales against 35 active listings in 01970, a pending-to-active ratio of 0.17. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,798 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.12. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 01970 is currently a faster-moving market.

Nearby ZIP code market data

Full Salem, MA housing market report →

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