B
105%
Med. Home Val. NAT. AVG.
40%
Rent NAT. AVG.
22%
Owner Occ. NAT. AVG.
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Salem Housing Information

IndexSalemMassachusettsNational
Median home price$379,400$341,000$184,700
Median rent asked$1,325$1,129$949
Avg. people per household2.22.52.6
Owner occupied households49.8%62.1%63.6%
Renter occupied households50.2%37.9%36.4%
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Housing Quick Facts

  • The median home price in Salem is 105% higher than the national average.
  • The median rent asked in Salem is 40% higher than the national average.
  • The average number of people per household in Salem is 17% lower than the national average.
  • The number of owner occupied households in Salem is 22% lower than the national average.
  • The number of renter occupied households in Salem is 38% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Lawrence, MA80,022$280,80052%
      Lynn, MA94,201$354,40092%
      Chelsea, MA39,878$369,900100%
      Revere, MA53,400$388,900111%
      Peabody, MA53,004$419,500127%
      Salem, MA43,350$379,400105%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Channelview, TX43,378$135,70027%
      Moorhead, MN43,409$200,3008%
      Ormond Beach, FL43,245$219,40019%
      Sherman, TX43,239$131,30029%
      Prescott, AZ43,463$362,30096%
      Salem, MA43,350$379,400105%
      Source: The Salem, MA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).