$478,797Average Value$386Average Price per Sq Ft4Homes 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 28 days on the market compared to the national average of 58 days. The median sale price for homes in The Point, Salem over the last 12 months is $312,500, down 18% from the median home sale price over the previous 12 months.
5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage
Welcome to Studio 55, a masterfully converted shoe factory transformed into a 1,925 sqft single-family masterpiece. This rare architectural gem perfectly blends industrial grit with luxury living. The versatile first floor features exceptional space for an art studio, workshop, office, or gym, complemented by a rare, heated 2-car garage plus 2 off-street spaces. Head upstairs to a jaw-dropping
MAJOR PRICE IMPROVEMENT! 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 over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental
This beautiful, warm, updated condo in historic Salem is ready to move in! Located on the third floor, this unit offers 3 bedrooms, 1 full bath, living space filled with natural light, charm and character. High ceilings, stunning hardwood floors, custom cabinets, bean board - wainscoting woodwork throughout the condo, creating inviting atmosphere. Open-concept flow into updated kitchen with
Opportunity to own in historic Salem at one of the lowest price per square foot values currently on the market. This 2 bedroom, 1 bath unit is ideally located just minutes from vibrant downtown Salem, Pickering Wharf, restaurants, shops, and the waterfront. The surrounding area is undergoing major revitalization, including new waterfront condos and retail development directly across the street,
Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new
Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates
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
Welcome to 260 Washington Street, where comfort meets convenience in historic Salem, MA. Our community offers spacious one- and two-bedroom apartments designed for easy living just steps from downtown Salem’s shops, dining, and entertainment.Enjoy the best of city living with commuter rail access just a short walk away, making your trip to Boston or beyond a breeze. Our pet-friendly
Call Today! Dont Miss Out On This Great Deal In A Fantastic Location!Move-In Costs Fees:Last Month Rent: $2,250First Month Rent: $2,250Security Deposit: $1,125Disclaimer: The information in this listing may have been gathered from third-party sources including the owner and/or public records. Listings are subject to errors and omissions. Encore Realty disclaims any and
Disclaimer: The information in this listing may have been gathered from third-party sources including the owner and/or public records. Listings are subject to errors and omissions. Encore Realty disclaims any and all representations or warranties as to the accuracy of this information. Encore Realty is an Equal Housing Opportunity Agency. Photos may not always be of the actual apartment. At
Disclaimer: The information in this listing may have been gathered from third-party sources including the owner and/or public records. Listings are subject to errors and omissions. Encore Realty disclaims any and all representations or warranties as to the accuracy of this information. Encore Realty is an Equal Housing Opportunity Agency. Photos may not always be of the actual apartment. At
Move-In Costs Fees:Last Month Rent: $2,100First Month Rent: $2,100Security Deposit: $1,000Disclaimer: The information in this listing may have been gathered from third-party sources including the owner and/or public records. Listings are subject to errors and omissions. Encore Realty disclaims any and all representations or warranties as to the accuracy of this information.
This nice 1 Bedroom 1 Bath place in the Salem area is available for 07-01-2026.Boston Pads is not responsible for any errors, omissions and change in price, prior sale, rent and withdrawal without notice. All information from sources reliable but not guaranteed. Photographs, videos, description and information about the properties reflect conditions at the time the information was
Now available—renovated 3-bedroom apartment in the heart of downtown Salem! Located at 5A Ropes St, this spacious unit is just minutes from downtown, Pickering Wharf, Palmer Cove Park, and the Salem MBTA station for easy commuting to Boston. Enjoy historic charm in this professionally managed building with a private deck, modern updates, gas heat, and common laundry in the
Now available—renovated 3-bedroom apartment in the heart of downtown Salem! Located at 5 Ropes St, this spacious unit is just minutes from downtown, Pickering Wharf, Palmer Cove Park, and the Salem MBTA station for easy commuting to Boston. Enjoy historic charm in this professionally managed building with a private deck, modern updates, gas heat, and common laundry in the basement. Off-street
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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