Salem Housing Information - Census

IndexSalemMassachusettsNational
Median home price$317,400$341,000$184,700
Median rent asked$1,106$1,129$949
Avg. people per household2.32.52.6
Owner occupied households47.7%62.1%63.6%
Renter occupied households52.3%37.9%36.4%

Salem Housing Information - Zillow

IndexSalemMassachusettsNational
Zillow home value index$368,003$393,101$213,146
Year over year appreciation rate8.33%6.79%8.00%
5 year average appreciation rate7.59%6.38%6.57%
10 year average appreciation rate2.54%2.27%1.33%
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Did you know?

  • The median home price in Salem is 72% higher than the national average.
  • The median rent asked in Salem is 17% higher than the national average.
  • The average number of people per household in Salem is 13% lower than the national average.
  • The number of owner occupied households in Salem is 25% lower than the national average.
  • The number of renter occupied households in Salem is 44% higher than the national average.

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Compare Salem, MA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Lawrence, MA79,337$229,50024%
Lynn, MA92,074$263,70043%
Chelsea, MA38,244$280,90052%
Revere, MA53,165$320,40073%
Everett, MA44,636$337,80083%
Salem, MA42,804$317,40072%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bell Gardens, CA42,805$318,70073%
Moline, IL42,805$115,10038%
Hicksville, NY42,856$410,600122%
San Bruno, CA42,736$668,700262%
Belleville, IL42,729$97,20047%
Salem, MA42,804$317,40072%
Source: The Salem, MA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.