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Depot Village

Depot Village

Neighborhood in Salem, New Hampshire

Rockingham County 03079

$521,512 Average Value
$392 Average Price per Sq Ft
4 Homes For Sale

Locals can live, dine and shop in Depot Village

Though it is an established residential community, Depot Village has also become well-known in recent years as the business hub of the town of Salem. “It’s a mixed-use community, full of apartments, condos, retail and commercial areas,” says Melanie Norcross, a Salem local and Realtor with Keller Williams. Over the last 10 years, the town’s government has encouraged growth in Depot Village to make it a neighborhood rich in commercial development, office space and industrial sites. This also involves making it comfortable for folks to live in the community’s townhouses and single-family homes of varying ages and sizes.

Playa bowls in Tuscan Village serves up refreshing acai bowls, smoothies, and tropical flavors in a bright, beach-inspired setting.
Playa bowls in Tuscan Village serves up refreshing acai bowls, smoothies, and tropical flavors in a bright, beach-inspired setting.
Pressed Cafe in Tuscan Village blends convenience and quality, serving up handcrafted meals, speciality drinks, and all-day breakfast favorites.
Pressed Cafe in Tuscan Village blends convenience and quality, serving up handcrafted meals, speciality drinks, and all-day breakfast favorites.
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Canobie Lake for summer fun, and hiking on the Salem Rail Trail

Folks head north of the neighborhood to Canobie Lake, a 375-acre reservoir popular for kayaking and sailing, while anglers can cast lines from the shore to catch largemouth bass and bluegill. Canobie Lake Park is an amusement park that draws visitors from across the New England area in the summer months to ride roller coasters or swim at the Castaway Island Water Park. The Salem Rail Trail runs parallel to Broadway and is part of a longer multi-use path for hikers and cyclists to take as far south as Methuen, Massachusetts.

Canobie Lake Park in Depot Village is a classic New England amusement park filled with thrilling rides, family fun and summer memories.
Canobie Lake Park in Depot Village is a classic New England amusement park filled with thrilling rides, family fun and summer memories.
Canobie Lake near Depot Village offers peaceful waterfront views and a quiet escape just steps from the heart of town.
Canobie Lake near Depot Village offers peaceful waterfront views and a quiet escape just steps from the heart of town.
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The Mall at Rockingham Park for shopping, and Tuscan Village for dining

The Mall at Rockingham Park, the largest shopping mall in the state, spans one million square feet within Depot Village. Shoppers can browse 150 retailers, enjoying New Hampshire’s lack of a sales tax. Shoppers can head across the street to Rockingham Plaza to get groceries at Market Basket, a regional supermarket. Tuscan Village is a newer development that is heavy with upscale eateries and fast-casual chains among condo complexes. South Broadway and Main Street are the biggest commercial corridors in the neighborhood, with the former hosting MaryAnn’s Diner, a ‘50s-themed restaurant with an extensive brunch menu. Main Street features smaller local spots like Giovanni’s Roast Beef and Pizza for lunch and Hawksie’s Ice Cream Fac-Torri for dessert.

The Mall at Rockingham Park in Salem is a premier shopping destination featuring top national retailers, dining options, and a modern indoor experience.
The Mall at Rockingham Park in Salem is a premier shopping destination featuring top national retailers, dining options, and a modern indoor experience.
Families walk around the Holiday Shoppes at Tuscan Village and discover fun things to shop.
Families walk around the Holiday Shoppes at Tuscan Village and discover fun things to shop.
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20th century suburban homes beside modern condos

Homes have been built in the neighborhood from the early 1900s through the postwar era, with Cape Cods, ramblers, Colonial Revivals and bi-levels found throughout Depot Village. There are new construction homes built in the last decade. Streets get more suburban and tree-lined farther away from the main roads, while mobile homes, condos and townhouses are localized around South Broadway. Older condos are priced in the $200,000s, while newly built condos cost between $600,00 and $1 million. Townhouses typically sell in the upper $700,000s, while mobile homes are usually priced between $125,000 and $330,000. Other single-family homes cost between $350,000 and $885,000.

In Depot Village, Colonial-style homes offer classic architecture, spacious layouts, and enduring curb appeal.
In Depot Village, Colonial-style homes offer classic architecture, spacious layouts, and enduring curb appeal.
Condos at Tuscan Village in Salem offers modern, low-maintenance living with upscale finishes and walkable access to shops, dining, and entertainment.
Condos at Tuscan Village in Salem offers modern, low-maintenance living with upscale finishes and walkable access to shops, dining, and entertainment.
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Tuscan Village hosts concerts and Fourth of July festivities

When it comes to local events, Norcross says that “Tuscan Village does a concert series that’s open to the public every Thursday through Sunday during the summer months. [And there are] Christmas markets and shops, car shows and, of course, fireworks on the Fourth of July.” Tuscan Village normally hosts Salem’s Fourth of July celebrations that include food trucks, live music and a fireworks show once the sun sets.

Students are served by Salem School District

Salem School District serves Depot Village. Students can attend Fisk Elementary, rated a B-minus on Niche; Woodbury School, a middle school that gets a B-plus; and Salem High, which gets a B. Salem High students can use programs like the Career & Technical Education Center and Air Force JROTC to explore potential career paths.

Welcome to Salem High School.
Welcome to Salem High School.
Woodbury Middle School located in Suburban Rockingham County serves grades 6-8.
Woodbury Middle School located in Suburban Rockingham County serves grades 6-8.
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Locals commute to Boston in under an hour

The city has taken steps to improve Depot Village’s pedestrian infrastructure to make it less car-dependent. The shopping-heavy south end of Depot Village has been designed with consistent sidewalks and bike lanes to encourage people to get around without a car. People often leave Salem for work. “A lot of people commute into Massachusetts,” Norcross says. “We’re the first town over the New Hampshire border, so it’s close enough of a drive.” Commuters can reach Boston after a 35-mile drive along Interstate 93, a trip that takes around 40 minutes but can vary depending on traffic. The Boston Express bus stops at the station along Raymond Avenue for folks who want to catch a direct bus to or from the city.

Maxwell Olarinde
Written By
Maxwell Olarinde
Todd Beltz
Photography Contributed By
Todd Beltz
Andrew Perrius
Video By
Andrew Perrius

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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 Corrine Bonnette, an experienced agent in this neighborhood.

Transit

Airport

Manchester Boston Regional

33 min drive

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$600,000
Median Single Family Price
$557,500
Median Townhouse Price
$730,000
Median 2 Bedroom Price
$710,000
Median 1 Bedroom Price
$614,950
Average Price Per Sq Ft
$392
Number of Homes for Sale
4
Last 12 months Home Sales
71
Months of Supply
0.70
Median List Price
$585,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-13%

Home Facts

Number of Homes in Neighborhood
1,501
Median Year Built
1972
Avg. Single Family Home Size Sq Ft
1,632
Below the national average
1,937
Average Townhouse Size Sq Ft
2,212
Average 2 Bedroom Size Sq Ft
990
Average 1 Bedroom Size Sq Ft
658
Average Studio Size Sq Ft
292
Median Lot Size Sq Ft
14,810

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

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

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
6,069
Median Age
46
Population under 18
17%
Below the national average
23.8%
Population over 65
24.4%
Above the national average
19.1%

Finances

Median Household Income
$99,122
Significantly above the national average
$71,702
Average Household Income
$113,884

Education and Workforce

High School Graduates
95.5%
Above the national average
89.1%
College Graduates
39.7%
Advanced Degrees
11.7%
% Population in Labor Force
72.7%
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''

Area Factors

Somewhat Bikeable

Bike Score®

40 / 100

Car-Dependent

Walk Score®

45 / 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.

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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
Depot Village