$480,789Average Value$407Average Price per Sq Ft2Homes For Sale
Cultural vibrancy takes center stage in The Point
The Point is a Salem neighborhood that traces its name to its early status as a fishing center along the Massachusetts coastline. Centuries later, it is a culturally vibrant neighborhood with Latin and Dominican heritage. “It’s a great multicultural community, so if people are looking for that, The Point is it,” says Tyson Lynch, founder of Tyson Lynch Property Advisor and a broker associate with Proper Nest Real Estate. “When people talk about Salem and vibrancy, The Point is the epitome of that, and it adds that bit of magic to Salem as well.” With access to Salem Harbor, proximity to central Salem and a calendar filled with cultural and Halloween staples, The Point has endured and evolved over the course of about 400 years.
A local resident walks past the vibrant Punto Urban Art Museum in The Point, Massachusetts — a community-driven project using public art to bridge cultural and socioeconomic divides.
Halloween spirit comes alive in Salem, Massachusetts, as visitors snap photos with eerie decorations and festive displays in the city famous for its spooky season celebrations.
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Century-old homes in The Point have undergone conversion
Most properties in The Point date to the early 20th century, part of the rebuild after the Great Salem Fire of 1914. Single-family homes rarely come up for sale; homes here often have an estimated value of $500,000 or more. Most condos sell for between $300,000 and $400,000, while multi-family homes are often priced near $1 million or higher. “Multi-families, depending on size and condition, range from $600,000 for a two-family up to $2 million for a six-unit apartment building,” Lynch says. The neighborhood does not yet have a CAP Index crime score.
A classic early 20th-century brick apartment building stands at the corner of Chase Street in The Point, Massachusetts, showcasing the neighborhood’s historic urban architecture and timeless character.
Tree-lined streets and stately early 20th-century homes define this quiet residential area in The Point, blending classic architecture with small-town New England charm.
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Education at a pair of Salem public schools
Students are served by Salem Public Schools, which earns an overall grade of C-plus from Niche. The Saltonstall School receives a C-plus and spans kindergarten through eighth grade. Salem High School gets a B-minus. The high school’s sports teams play under the Salem Witches moniker and include hockey, lacrosse and unified basketball programs.
The Point offers recreation at city parks and on the water
Mary Jane Lee Park has a splash pad and playground near the middle of the neighborhood. Palmer’s Cove Yacht Club sits just off the south side, and Palmer Cove Park & Playground offers a baseball field and basketball court. The Salem Harbor Walk traces the coastline. Forest River Park offers a baseball field, basketball court and Pioneer Village, a recreation of a Colonial community, south of The Point.
Just north of The Point, Salem Common is a park dating back more than 200 years. It spans nearly 10 acres and is home to a bandstand, basketball court, playground and open space. Locals can also take tours through historic sites with the Salem Maritime History Walk. Boating and fishing are popular pastimes; there are boat tours around the coves and bays.
Families in The Point gather along the scenic Salem Harbor Walk to enjoy the waterfront swings and lively community events.
The Salem World War Memorial in The Point, Massachusetts is a solemn tribute to the city’s fallen heroes and a peaceful landmark in the heart of the historic district.
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Halloween-themed events take place in Salem
The city of Salem often leans into its past for local events, including the Haunted Happenings Grand Parade each October. The Halloween-themed procession begins around Shetland Park and ends at Salem Common. Other seasonal festivities include haunted houses, tarot readings, museum exhibits and walking tours of haunted places across the city. “Because Salem is so compact, the events happening in other neighborhoods spill over,” Lynch says. “You’re minutes away from them.”
Outside of Halloween, the open-air Punto Urban Art Museum spans three blocks. “It showcases the vibrancy of the neighborhood,” Lynch says. “They have these huge, colorful murals on the outside of a lot of the buildings, and it’s become another destination for people to come to Salem – to do walking tours in The Point to see the culture that’s there and give a different side to Salem.” The 1692 Salem Witch Museum and Salem Witch Trials Memorial offer windows into the community’s past.
Though the Shetland Park complex, used for office and industrial purposes, still houses businesses, its redevelopment plan is set to open The Point back up to the harbor. “The plan is to provide water access and seaside parks to the neighborhood … to reconnect the ocean to the community,” Lynch says. The area was formerly home to a textile mill along the coastline, but the revamping will transform it into a mixed-use facility with commercial and residential uses.
The Point residents head to the nearby Haunted Happenings Marketplace on the weekends in Salem Common.
Visitors browse Halloween-themed market stalls in Salem, Massachusetts, where witchy wares, spooky decor, and festive fun capture the season's spirit in the Witch City.
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Local restaurants reflect The Point’s vibrancy
The Point also has a wide selection of local restaurants. “You have a variety of places you can eat,” Lynch says. “Right now, a majority of the people who live in The Point are Dominican, so you have a few Dominican restaurants in The Point itself where you can dine.” La Delicia Dominican is an option, while other international restaurants include Howling Wolf Taqueria and Witch City Hibachi.
The Babe and Tipsy Cowboy Country Dive are both popular spots to grab drinks. Couch Dog Brewing Company pours its own craft beers. Harbor Sweets is a local favorite chocolate shop. Grocery shoppers have a Stop & Shop less than 3 miles from the neighborhood center, while Target and Walmart are each under 6 miles away.
Find the perfect unique gift at Roost & Company near The Point.
Friends share laughs and festive drinks inside a Salem restaurant, celebrating Halloween season with colorful costumes and lively conversation in the Witch City.
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Public transportation by land or by sea in Salem
While residents of The Point typically use personal vehicles to get around, they can also choose public transportation by land or on the water. Lynch mentions the MBTA bus line that goes all the way to Boston, with a stop at the Salem commuter train station on the way. The Salem Ferry runs from the city to Boston from May through October. The city also offers Salem Skipper, a ride-share service. Salem Hospital is under 2 miles west and Boston Logan International Airport is less than 15 miles south.
Commuters in The Point travel to Boston with ease with use of the Commuter Rail.
Commuters from The Point enjoy effortless travel thanks to the neighborhood’s close proximity to the Salem Transit Station.
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
Are you familiar with the The Point neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
The Point
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
The Point Demographics and Home Trends
On average, homes in The Point, Salem sell after 25 days on the market compared to the national average of 55 days. The median sale price for homes in The Point, Salem over the last 12 months is $359,900, down 4% from the median home sale price over the previous 12 months.
Just two blocks from vibrant Pickering Wharf and moments to Salem’s historic downtown, this beautifully updated two-bedroom + bonus room, one-bath condo offers convenient single-level living in an unbeatable location. Each room is generously sized, and the versatile bonus room can easily function as a third bedroom, home office, or guest space. The entire interior has been freshly painted and
CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and a high NOI, offering an attractive cap rate of approximately 8.5%. Based on typical financing assumptions, projected Year-1 cash flow is approximately $64,000 with a healthy DSCR of about 1.46. The building includes six
Open House Sun 2/15 11:30am-1:00pm.This beautifully updated 1-bedroom condo offers a perfect blend of style, comfort, and convenience. The renovated kitchen features vinyl flooring, granite countertops, upgraded cabinetry, a sleek tiled backsplash, and stainless steel appliances, create an inviting space for everyday living. The bathroom has been tastefully updated with new tile flooring, a tiled
Adjacent to Hampton Inn Salem, 231 Washington features 56 luxury apartments equipped with modern amenities with integrated technology, a fitness room, availability of covered/heated parking and rentable storage lockers. The perfect setting for a young professional or suburban transplant, 231 Washington is situated within walking distance of Salem’s most popular restaurants, breweries and
Bright, charming, large one bedroom apartment located downtown Salem in historic building. Unit features updated kitchen with s/s appliances, stone countertops and gas range. Close to commuter rail and on the bus line. Rent includes heat and hot water. Coin-op washer/dryer in lower level. Unit will be delivered freshly painted. Top floor, corner unit (4th floor, no elevator) Pet Friendly! (1 pet
Welcome to 1 Harbor, a charming apartment located in the heart of downtown Salem, MA. This historic building offers a unique blend of past and present, featuring original hardwood flooring that adds a touch of elegance to your living space. The apartment comes with the added convenience of heat included in your rent, ensuring your comfort throughout the colder months. Enjoy the shared balcony
Large (1250 sq. ft.) converted industrial loft space with exposed brick, polished cement floors, heavy timber construction, central heat and AC, stone countertops, dishwasher and in-unit washer/dryer. One outdoor parking space and hot water included in rent. Located in the heart of downtown Salem, near many restaurants and shops, the waterfront, and the Peabody Essex Museum. Walking distance to
Property Id: 2425122Huge 4 bedroom apartment for you! The unit includes 4 generously sized bedrooms, substantial closet storage, a comfortable living area, and eat in kitchen, along with a dedicated dining room highlighted by classic wood detailing. Settle into prime salem location just a short stroll from palmas cove club and within minutes of local dining spots, cultural
2 Bedroom, 1 Full bath, approx. 760 Sq Ft., hardwood floors throughout, coin operated laundry available in basement. Paved driveway with 1 parking space per unit, additional on street parking available. Walking distance to downtown Salem shops, restaurants and entertainment. This unit has a letter of full deleading compliance.
Charming, large one bedroom apartment located in downtown Salem, close to the commuter rail and on the bus line. Rent includes heat and hot water. Dishwasher in unit and coin-op washer/dryer in building. Tenant pays for electric and gas (stove). Pet Friendly! (subject to breed and weight restrictions) Parking available for an additional charge. First month's rent and full month security deposit
AVAILABLE SEP 1st MOVE IN - Located in the HEART of Downtown Salem near many restaurants, shops, the waterfront and the Peabody Essex Museum. Walking distance to Salem state university, the commuter train station and only a 30 minute commute to Boston. Now offering this second floor, three bedroom, one bath apartment in Downtown Salem. This modern unit has three bedrooms, one bath, a living room
AVAILABLE JUNE 1st MOVE IN - Located in the HEART of Downtown Salem near many restaurants, shops, the waterfront and the Peabody Essex Museum. Walking distance to Salem state university, the commuter train station and only a 30 minute commute to Boston. Now offering this second floor, three bedroom, one bath apartment in Downtown Salem. This modern unit has three bedrooms, one bath, a living room
Available now to June 1! 1 FREE RENT for March or April 1 lease start. 1st floor renovated 3-bedroom apartment in a professionally managed building on Porter Street in downtown Salem. This spacious unit offers modern updates while preserving the historic character of the building. Features include: off street parking, a private deck, gas heating, common laundry, and additional storage in
Available June 1, flexible move-in date! Renovated 3-bedroom apartment in a professionally managed building on Ropes Street in downtown Salem. This spacious unit offers modern updates while preserving the historic character of the building. Features include: a private deck, gas heating, common laundry, and additional storage in basement. Off street parking available. Located minutes from
Available now, flexible move-in! 1 month FREE RENT for March or April 1 lease start. 1st floor renovated 3-bedroom apartment in a professionally managed building on Ropes Street in downtown Salem. This spacious unit offers modern updates while preserving the historic character of the building. Features include: off street parking, a private deck, gas heating, common laundry, and additional
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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