Salem

Salem

Located in Rockingham County

$624,093 Average Value
$361 Average Price per Sq Ft
34 Homes For Sale

Destination town at the New Hampshire-Massachusetts border

Salem’s town motto, “Still Making History,” resonates with a growing regional population. Home to around 30,000 residents along the New Hampshire-Massachusetts state line, the fast-evolving community regularly takes on large-scale development projects, from housing to retail to recreation. These projects fuel the local economy and attract new residents. “Buyers look to a place like Salem because it’s the first town over the border,” says Realtor Ellen Grant at Keller Williams, a 17-year seller who lives in the next town and works in Salem. “A lot of people are leaving their expensive homes in Massachusetts and are getting a lot more bang for their buck here,” Grant says. Some Massachusetts residents are initially lured by the tax-free shopping, but Salem's well-regarded school system, luxury 55-plus communities and a variety of recreation wind up converting some visitors to full-time New Hampshirites.

Various housing types for mixed demographics

Buyers have a lot of options when home shopping in Salem. “It’s appealing to people of all ages – there are some neighborhoods with modest homes for the first-time buyer, upscale 55-plus communities, and apartments and condos near the shopping areas,” Grant says. Architecture ranges from early 2000s Colonial Revival-style builds to midcentury ranch and split-level designs. A few brand-new condos in large mixed-use developments round out the housing stock. Prices start around $150,000 for a simple lakeside cottage and climb to over $1 million for a luxury condo near the shopping district. The median price falls around $600,000, though some extra-spacious properties on private waterside lots reach almost $2 million in this growing locale.

Shopping tax-free at the Tuscan Village

Salem is a booming destination for many big businesses ready to set down roots in New Hampshire, including Shake Shack, The Container Store and a Marriott Tribute Portfolio hotel, among many others that broke ground in 2023. “It’s a shopping metropolis,” Grant says. “I’ve watched the area grow over the years. The first date I went on was at the original horse track, which has transformed into a bustling village.” Tuscan Village, the community's mixed-use development, has become a popular destination for developers and new buyers seeking proximity to the action. The village houses markets, local restaurants and other businesses. “It’s the go-to place for shopping, dining and business lunches,” Grant says. “Everybody wants to shop in no-tax New Hampshire.” Salem is also home to The Mall at Rockingham Park, a two-story indoor mall housing several major labels.

Salem Public Schools serves area students

The well-regarded Salem Public School District serves many area kids. Niche ranks it the No. 17 best district in the state and grades it a B-plus. The small district composed of eight facilities touts a student-teacher ratio of 13 to 1, significantly lower than the national average. Salem High School serves ninth through 12th graders and earns a B-plus. With a graduation rate of 94%, many rising students move on to nearby secondary education facilities like the University of New Hampshire, Boston University and Salem State University. Salem is also home to several charter and private schools, including the B-rated Arts Academy of New Hampshire, for those interested in exploring alternative educational routes.

Seasonal fun at the historic Canobie Lake Park

Canobie Lake Park has been a recreational community landmark for over a century. Crowds come in from all over the region to ride rollercoasters, dine in the restaurants and play arcade games. Traditional parks and green spaces are also prominent. Field of Dreams is popular with local kids for its large wooden play area, and Hedgehog Park’s waterside trails are a go-to for dog walkers and cyclists. Griffin Park is busy with sports games, often accompanied by local food trucks flanking lines of hungry spectators. Golfers have several nearby courses to choose from, including the public 18-hole Campbell’s Scottish Highlands Golf Course on the western side of town.

Residents can take I-93 into downtown Boston

North Shore Medical Center, Salem State University and government offices employ the majority of Salem’s workforce — each within a 45-minute ride from home. “There’s an awful lot of job opportunities in town, but there's just as many people who commute out of town,” Grant says. Interstate 93 runs directly through this Boston exurb, routing daily commuters 30 miles south into the city. Most Salem residents get around by car, as public transportation options are limited in this developing town, but there are a few options for non-driving locals. Cooperative Alliance for Regional Transportation, or CART, offers reserved fixed routes and curb-to-curb bus rides to Salem and surrounding areas. It’s a shared service provided by the Manchester Transit Authority, shuttling passengers to and from each respective area. The Caregivers of Greater Salem is a volunteer-run program providing transportation to those unable to drive themselves for errands and appointments.

Crime

According to FBI data, Between 2022 and 2023, the violent crime rate increased by 30% and property crime rose by 15%. However, despite these increases, Salem's reported violent and property crime rates are lower than the national rate.

Christina von Claparede-Crola
Written By
Christina von Claparede-Crola

Interested in learning more about homes in this area? Reach out to Karen Rivard, an experienced agent 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

Salem Housing Trends

Housing Trends

Median List Price
$582,499
Median Sale Price
$590,000
Median Single Family Sale Price
$615,500
Median Townhouse Sale Price
$730,000
Median 2 Bedroom Sale Price
$435,600
Median Change From 1st List Price
0%
Last 12 months Home Sales
327
Median Home Sale Price YoY Change
$0
Average Price Per Sq Ft
$361

Neighborhood Facts

Number of Homes for Sale
34
Months of Supply
1.20

Open Houses

  • Sunday, Jun 15
    12 - 1:30pm

    5 Sally Sweets Way Unit 138, Salem, NH 03079

    $495,000

    • 2 Beds
    • 2 Baths
    • 1,297 Sq Ft
    • 5 Sally Sweets Way
    • Unit 138
    • New 1 day ago

    Welcome to The Club at Meadowbrook, a desirable 55+ community in the heart of Salem, NH. This stunning top-floor corner unit features 2 bedrooms and 2 full bathrooms, offering 9-foot ceilings and oversized windows that fill the space with natural light. The spacious living room includes a cozy electric fireplace and opens to a private balcony with peaceful wooded views. The kitchen is beautifully

    Beth Ford Coldwell Banker Realty Haverhill MA

  • Saturday, Jun 14
    11am - 1pm

    10 Braemoor Woods Rd Unit 308, Salem, NH 03079

    $479,900

    • 2 Beds
    • 2 Baths
    • 1,480 Sq Ft
    • 10 Braemoor Woods Rd
    • Unit 308
    • New 3 days ago

    This beautiful two bedroom garden-style condo at the sought after Braemoor Commons 55+ community offers the perfect blend of comfort and convenience. Thoughtfully designed throughout, you will enjoy the formal open dining area with wainscoting, kitchen with SS appliances and granite countertops, separate dedicated laundry room with storage and sink, primary en-suite with a spacious spa-like

    Gail Waitt BHHS Verani Salem

  • Sunday, Jun 15
    11am - 1pm

    29 Linwood Ave, Salem, NH 03079

    $539,000

    • 3 Beds
    • 1 Bath
    • 1,912 Sq Ft
    • 29 Linwood Ave
    • New 4 days ago

    Lovely ranch in fantastic neighborhood close to all that Salem has to offer! Corner lot with lots of space to entertain all summer long. This 3 bedroom home has a 2 car attached garage and great bones. With some updates, this home will really shine! Great first floor layout with extra 3 season sunroom that could be made into and office or additional space. The basement is finished and could have

    Sara McNeal East Key Realty

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Salem Has More Owners

Demographics

Total Population
31,620
Median Age
46
Population Density
5 ppl/acre
Population under 18
18.9%
On par with the national average
23.8%
Population over 65
23.7%
On par with the national average
19.1%

Finances

Median Household Income
$101,432
Significantly above the national average
$71,702
Average Household Income
$119,333

Education and Workforce

High School Graduates
95.3%
Above the national average
89.1%
College Graduates
36.3%
Advanced Degrees
13.5%
% Population in Labor Force
72.9%
Above the national average
65.1%

Weather

Annual Precipitation
49''
Average Winter Low Temperature
20°F
Average Summer High Temperature
83°F
Annual Snowfall
35''
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.
Salem