The Point

Neighborhood in Salem, Massachusetts

Essex County 01970

$488,586 Average Value

$394 Average Price per Sq Ft

1 Home For Sale

Agents Specializing in this Area

Siri Wilbur Kamien

BHHS Verani Windham

(351) 215-0785

77 Total Sales

1 in The Point

$205,000 Price

Siri Wilbur Kamien
Julie Andrews

Keller Williams Realty Evolution

(978) 515-6286

37 Total Sales

1 in The Point

$299,900 Price

Julie Andrews
Eric Erickson

Reimagined Real Estate Advisors

(978) 972-4398

9 Total Sales

1 in The Point

$439,900 Price

Eric Erickson
Tyson Lynch

The Proper Nest Real Estate

(351) 666-4531

68 Total Sales

3 in The Point

$241K - $455K Price Range

Tyson Lynch
Julie Tsakirgis

Responds Quickly

RE/MAX Property Shoppe, Inc.

(781) 776-5137

129 Total Sales

1 in The Point

$1,500,000 Price

Julie Tsakirgis
Ryan Guilmartin

Responds Quickly

MerryFox Realty

(339) 970-3237

44 Total Sales

1 in The Point

$370,000 Price

Ryan Guilmartin

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Schools

Source:

Salem High School

9th to 12th
Public

B-

Saltonstall School

K to 8th
Public

C+

Bates Elementary School

K to 5th
Public

C+

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Forest River Park

Baseball/Softball
Basketball
Picnic Area

Palmer Cove Park

Baseball/Softball
Basketball
Trails

Mary Jane Lee Park

Basketball
Picnic Area
Playground

Transit

Airport

General Edward Lawrence Logan International

26 min drive

Bus

Lafayette St & Harbor St

Bus

Lafayette St & Palmer St

Bus

Leavitt St & Congress St

Bus

Congress St Opp Shetland Pk

The Point Demographics and Home Trends

On average, homes in The Point, Salem sell after 15 days on the market compared to the national average of 52 days. The median sale price for homes in The Point, Salem over the last 12 months is $365,000, down 5% from the median home sale price over the previous 12 months.

Housing Trends

Median List Price

$369,900

Median Sale Price

$365,000

Median 2 Bedroom Sale Price

$399,000

Median Change From 1st List Price

Last 12 months Home Sales

Median Home Sale Price YoY Change

-5%

Average Price Per Sq Ft

$394

Neighborhood Facts

Number of Homes in Neighborhood

245

Number of Homes for Sale

Median Year Built

1915

Months of Supply

1.30

Average Single Family Home Size Sq Ft

1,623

Below the national average

1,925

Average Townhouse Size Sq Ft

2,754

Average 2 Bedroom Size Sq Ft

959

Average 1 Bedroom Size Sq Ft

738

Median Lot Size Sq Ft

4,356

Source: Public Records

Homes for Sale

$999,000
- 9 Beds
- 3 Baths
- 2,345 Sq Ft
32 Park St

New 1 day ago
Whether you are looking for your first income property or expanding your portfolio this three family is one you don't want to miss out on- three units with three bedrooms/1 bath each. All de-leaded, section 8 approved and on separate meters. Coin operated washer/dryer in the basement & low maintenance landscaping. First floor unit will be delivered vacant- suited for an owner occupant. Second &

Kelsey Gregory Heritage Realty
$399,000
- 2 Beds
- 1 Bath
- 825 Sq Ft
56 Peabody St

Unit 2W
Looking for a Salem condo that feels move-in ready and close to everything? This updated corner unit has it all — style, natural light, and a location that makes daily life easy. The open layout offers a sunny living and dining area with high ceilings and large windows, a well-appointed kitchen with tile flooring, pantry, and access to a private porch for morning coffee or evening unwinding. Two

Susan Sells Keller Williams Realty
$1,779,000
- 16 Beds
- 6 Baths
- 6,345 Sq Ft
33 Harbor St
We are pleased to present this multifamily offering which consists of 6 units. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements. The properties boiler system was recently upgraded and the common areas hold two washers and two dryers, both of which are coin operated. The property is ideally located in a quiet residential

Kevin Benzinger Boston Realty Advisors

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Homes for Rent

$2,975 - $3,100 per month
- 231 Washington Residences
- 2 Beds
- 2 Baths
- 1,005+ Sq Ft
231 Washington St

Salem, MA
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
$2,550 per month
- 2 Beds
- 1 Bath
- 1,321 Sq Ft
257 Washington St

Unit B1

Salem, MA
Rare 2.5 bedroom garden unit in historical building in downtown Salem. Close to the commuter rail and on the bus line! This unit offers updated kitchen with stone tops, dishwasher, private entrance, central A/C Heat **Hot-water included *Coin-op laundry in building. *Pet friendly building w/one pet limit policy (breed/size restrictions apply) *Tenant pays electric & gas *First, last and 1⁄2

Obadiah Arthur Thomas N. Margulis
$3,400 per month
- Condo for Rent
- 4 Beds
- 1 Bath
- 1,040 Sq Ft
38 Salem St

Unit 10

Salem, MA
$3,400 / 4br - 1040 ft2 - 1st FLOOR Large 4 bedroom De-leaded, Heat & Hot Water Included (Salem)FIRST Floor Apartment is a spacious, de-leaded, 4 bed apartment located on the 1st floor of 38 Salem Street now available. There are 5 bright and sunny rooms in unit.Apartment includes Heat & Hot Water. We are completely remodeling the unit so everything will be new. We provide 24 hour

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Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population

3,618

Median Age

Population under 18

26%

On par with the national average

23.8%

Population over 65

12.3%

Below the national average

19.1%

Finances

Median Household Income

$31,361

Significantly below the national average

$71,702

Average Household Income

$49,605

Education and Workforce

High School Graduates

71.9%

Below the national average

89.1%

College Graduates

22.2%

Below the national average

34.1%

Advanced Degrees

8.7%

% Population in Labor Force

65.8%

Weather

Annual Precipitation

48''

Average Winter Low Temperature

17°F

Average Summer High Temperature

80°F

Annual Snowfall

26''

Area Factors

Bikeable

Bike Score^®

69 / 100

Walker's Paradise

Walk Score^®

94 / 100

Some Transit

Transit Score^®

38 / 100

Source: Walk Score

Nearby Neighborhoods

South Salem

Historic neighborhood with modern amenities along Salem Harbor

Castle Hill

Proximity to Salem balanced with a location just removed from the activity

Chestnut Street

Stately colonials and local libraries adjacent to the heart of Salem

Derby Street

Historic maritime homes and parks right next to downtown Salem

Downtown Salem

Walkable downtown streets surrounded by shops and restaurants

Bridge Street

Waterfront views and 1800s multi-unit homes just north of downtown Salem

Search Nearby Neighborhoods

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Massachusetts Essex County Salem

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.

Siri Wilbur Kamien

The Point

The Point

Agents Specializing in this Area

Schools

Parks in this Area

Transit

The Point Demographics and Home Trends

Housing Trends

Neighborhood Facts

Distribution of Home Values

Homes for Sale

Homes for Rent

Average Home Value

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Finances

Education and Workforce

Weather

Area Factors

Bikeable

Walker's Paradise

Some Transit

Nearby Neighborhoods

Reviews