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Chestnut Street

Chestnut Street

$940,085 Average Value
$158 Average Price per Sq Ft
1 Home For Sale

Historic homes right next to downtown Salem

The city of Salem is known for its extensive history and eye-catching architecture, and there is no neighborhood that shows off that flair better than the Chestnut Street community. Part of the historic McIntire District, the community is almost entirely taken up by stately colonial homes that can date as far back as the 1700s. In this quiet suburban atmosphere, it can be easy to forget that downtown Salem's shops, restaurants and events are less than a half-mile walk away along the weathered brick sidewalks. “I found it a remarkably friendly place and easy to make friends,” says Michael Selbst, a resident and agent with Gibson Sotheby's International Realty who has lived in the community for over 11 years. “There are a surprising number of community organizations, some going back hundreds of years... and it’s remarkably easy to become involved.”

Salem libraries and parks

Despite the Chestnut Street community being less than a square mile in size, there is still plenty to do without having to head downtown. The Salem Public Library offers three levels of books for check-out and plenty of indoor space for reading. The library is also a piece of Salem history, as it is the former house of Captain John Bertram, a local businessman and philanthropist who donated the building to the city when he passed away in 1882. Residents also have access to the Salem Athenaeum, one of the oldest private libraries in the country. “It has a wonderful public reading garden out back where you can relax and read in the shade,” says Brian Donnelly, a Salem resident for over 20 years. Almost everything is available to the public, but membership is required to check out books and bring them home.

Also along Essex Street is the Ropes Mansion, which some may know as Allison’s house from the movie Hocus Pocus. Beyond the stately mansion, visitors will find a garden and a pond with fish, as well as benches and space to enjoy the flowers. Just a little farther down the street is the Witch House at Salem, a museum where visitors can learn more about 17th century life and the Salem Witch Trials through historic artifacts and recreations of the rooms. Residents can also spend time outside at the nearby Splaine Park or the Salem Common.
The Salem Common hosts a number of fun events year around for the whole family.
The Salem Common hosts a number of fun events year around for the whole family.
The Salem Public Library on Chestnut Street offers three levels of books for check-out.
The Salem Public Library on Chestnut Street offers three levels of books for check-out.
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Historic colonials from the 1700s and 1800s

The homes are what give the Chestnut Street neighborhood and McIntire District their distinct feel from the rest of Salem. In this neighborhood, the financiers, captains and most successful merchants in the 1700s and 1800s built their grand homes, many of which still stand to this day. These homes commonly share inspiration from colonial designs, with a mix of Georgian and Federal accents adorning the windows and entryways. Some older homes even have plaques from the Historic Salem Inc., which show the home’s original owner and construction date.

Many homes have driveways and backyards with garden spaces. Some properties have been renovated or converted to house multiple units, creating more opportunities for homebuyers to move in. “It’s such a hot buying and selling market because the houses are so historic and grand,” Donnelly says. Multi-unit homes range between $400,000 and $800,000, and historic colonials can run from $600,000 up to $1.7 million, with many of them retaining original moldings and details.
Wide brick walkways of the past frame Chestnut Street homes.
Wide brick walkways of the past frame Chestnut Street homes.
Chestnut Street homes share inspiration from colonial designs.
Chestnut Street homes share inspiration from colonial designs.
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Essex Street and Salem sidewalks

Roads like Chestnut Street and Essex Street are the popular thoroughfares in the community, where commuters can be seen zipping through on their way to downtown Salem or Peabody. “There has been lots of effort to slow drivers on the roads, with the city putting up flowerpots and speed bumps,” Donnelly says. The streets are also often full of pedestrians and tourists, gazing up at the old homes and taking pictures of local landmarks. “Residents can park their cars here and not need to use it for a week,” Selbst says. Residents also have the Salem commuter rail station half a mile away for trips into Boston and U.S. Route One, 6 miles to the west. Boston Logan International Airport is 16 miles to the south, and Salem Hospital is less than a mile away.

Year round events in downtown Salem

Due to Salem’s history and popularity during the fall, there are always plenty of activities and events. “The area is just flooded with tourists in October,” Donnelly says, with Salem having over 1.5 million visitors in October 2024. The entire city comes together for the Haunted Happenings Parade and businesses and community organizations present floats and sell custom treats. Residents have plenty of other events throughout the year, such as the Fête en Blanc Salem in July inspired by a similar festival in Paris. During the event, hundreds of residents dressed all in white bring elegant picnic supplies to enjoy a feast in a different location each year. During the Christmas season, Santa descends from the historic Hawthorne Hotel, and there is a community-wide Christmas tree lighting.
Salem residents look forward to the fun at the Polish Festival.
Salem residents look forward to the fun at the Polish Festival.
Don't forget to take a picture in front of the giant Jack at the Haunted Happenings Marketplace.
Don't forget to take a picture in front of the giant Jack at the Haunted Happenings Marketplace.
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Music programs in Salem public schools

Students in Downtown Salem can start their education at the Carlton Innovation School, which receives a B-minus rating on Niche, and continue on to Collins Middle School, which earns a C rating. The final stop for many students is the B-minus-rated Salem High School, which Selbst says has become known for its music and band programs. The high school previously won the New England Championship in November of 2024. The Saltonstall School is a public, kindergarten through eighth-grade option with a C-plus rating.
Collins Middle School in Salem receives a C rating.
Collins Middle School in Salem receives a C rating.
Salem High School hosts students from 9th through 12th grade.
Salem High School hosts students from 9th through 12th grade.
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Local ciders, pizzas and bismarks

Residents can start their mornings about a mile north at Coffee Time Bakery, a local spot known for their bismarks and variety of hot and cold drinks. “They make everything from scratch,” Andrews says. “The place is a legend in Salem.” Less than a mile to the south is the Far From the Tree cidery, where residents can sit at the bar and enjoy a flight of locally crafted drinks with flavors ranging from a classic farmstead cider to a cinnamon candy apple cider. Garcon SuperSlice Pizza Pie Parlor is a local favorite in the downtown area that offers classic pies and salads. “They do a cheap slice done awesome,” Donnelly says. Area grocery options include Steve’s Quality Market and larger chains like Stop & Shop, which is closer to Peabody.
Chestnut Street dive into an assortment of fresh oysters at Sea Level.
Chestnut Street dive into an assortment of fresh oysters at Sea Level.
Chestnut Street dinners get a welcomed smile at Black Cat Diner.
Chestnut Street dinners get a welcomed smile at Black Cat Diner.
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Braxton Puentes
Written By
Braxton Puentes
Amanda Beattie
Photography Contributed By
Amanda Beattie
Jonathan Bradley
Video By
Jonathan Bradley

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Julie Andrews, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

General Edward Lawrence Logan International

25 min drive

Bus

Essex St & Flint St

Bus

Essex St & Beckford St

Bus

Essex St & Monroe St

Bus

Essex St & Warren St

Bus

Essex St & Summer St

Bus

North St Opp Lynde St

Chestnut Street Demographics and Home Trends

Housing Trends

Median List Price
$268,000
Median Sale Price
$268,000
Median Single Family Sale Price
$442,000
Median Townhouse Sale Price
$210,000
Median 2 Bedroom Sale Price
$210,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
15
Median Home Sale Price YoY Change
-40%
Average Price Per Sq Ft
$158

Neighborhood Facts

Number of Homes in Neighborhood
281
Number of Homes for Sale
1
Median Year Built
1880
Months of Supply
0.80
Average Single Family Home Size Sq Ft
3,407
Significantly above the national average
1,927
Average Townhouse Size Sq Ft
3,585
Average 2 Bedroom Size Sq Ft
1,255
Average 1 Bedroom Size Sq Ft
847
Median Lot Size Sq Ft
4,356

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Julie Andrews, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,070
Median Age
40
Population under 18
19.2%
On par with the national average
23.8%
Population over 65
17%
On par with the national average
19.1%

Finances

Median Household Income
$77,128
Above the national average
$71,702
Average Household Income
$107,240

Education and Workforce

High School Graduates
93.9%
College Graduates
79%
Significantly above the national average
34.1%
Advanced Degrees
39.5%
Significantly above the national average
13.3%
% Population in Labor Force
77.6%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
17°F
Average Summer High Temperature
80°F
Annual Snowfall
26''

Area Factors

Bikeable

Bike Score®

68 / 100

Walker's Paradise

Walk Score®

92 / 100

Some Transit

Transit Score®

39 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Chestnut Street