$839,900
- 6 Beds
- 3 Baths
- 2,943 Sq Ft
9 Hancock St, Salem, MA 01970
Shannon McInnis Keller Williams Realty Evolution
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Why Live in Chestnut Street
The Chestnut Street neighborhood in Salem is steeped in history, with grand homes dating back to the 1700s and 1800s. These residences, often inspired by colonial designs with Georgian and Federal accents, contribute to the area's distinct character. Many homes feature driveways, backyards, and garden spaces, with some properties converted into multi-unit dwellings. The neighborhood is compact yet rich in attractions, including the Salem Public Library, housed in a historic building, and the Salem Athenaeum, one of the oldest private libraries in the U.S. Nearby, the Ropes Mansion and Witch House offer glimpses into Salem's storied past. Outdoor spaces like Splaine Park and Salem Common provide additional leisure options. Local dining includes Coffee Time Bakery, known for its bismarks, and Far From the Tree cidery, offering a variety of locally crafted drinks. The area is lively, especially in October, with events like the Haunted Happenings Parade drawing large crowds. Residents enjoy convenient access to the Salem commuter rail station for Boston trips and are close to major roads like U.S. Route One. While the local schools have mixed ratings, the high school is noted for its music programs. The neighborhood's crime rate is comparable to the national average, making it a practical choice for those considering a move to Salem.
Home Trends in Chestnut Street, MA
On average, homes in Chestnut Street, Salem sell after 28 days on the market compared to the national average of 70 days. The median sale price for homes in Chestnut Street, Salem over the last 12 months is $268,000, down 40% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$268,000
Median Single Family Sale Price
$442,000
Median Townhouse Sale Price
$210,000
Median 2 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$158
Number of Homes for Sale
1
Last 12 months Home Sales
15
Months of Supply
0.80
Median List Price
$268,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-40%
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