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Derby Street Homes for Sale

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  • /34

    $825,000 Open Thu 5PM - 6PM

    • 3 Beds
    • 2 Baths
    • 1,590 Sq Ft

    67 Essex St Unit 2, Salem, MA 01970

    Stunning brand new 3 bedroom, 2 bath condominium penthouse with in the most amazing location in historic Salem! This property backs up to the Salem Maritime Park-the smallest national park in the country! It is just steps from Derby Wharf, Pickering Wharf, the Willows, Hawthorne Hotel, Museums, and the Salem Common. Modern open concept custom style throughout the interior, beautiful lighting,

    Heather Klosowski Heather Klosowski Real Estate

    67 Essex St Unit 2, Salem, MA 01970
  • /38

    $825,000 Open Thu 5PM - 6PM

    • 3 Beds
    • 2.5 Baths
    • 1,580 Sq Ft

    67 Essex St Unit 1, Salem, MA 01970

    Luxury brand new 3 bedroom, 2.5 bath condominium townhouse in the most amazing location in historic Salem! This property backs up to the Salem Maritime Park-the smallest national park in the country! It is just steps from Derby Wharf, Pickering Wharf, the Willows, Hawthorne Hotel, Museums, and the Salem Common. Modern open concept custom style throughout the interior, with soaring ceilings,

    Heather Klosowski Heather Klosowski Real Estate

    67 Essex St Unit 1, Salem, MA 01970
  • /20

    $509,000

    • 2 Beds
    • 1 Bath
    • 930 Sq Ft

    17 Webb St Unit 1, Salem, MA 01970

    Sunny & beautiful 2 bedroom open floor plan condo. Kitchen eatures LG Smart stainless appliances, gas stove with air fryer and quartz countertops. There is washer dryer hookup in-unit. One assigned parking spot, Beacon Hill style paver patio in rear. The location can not be beat. It is close to everything Salem has to offer: dining, shopping, entertainment and the beach! Self managed

    Matt O'Hara Blair Capital, LLC

    17 Webb St Unit 1, Salem, MA 01970
  • /39

    $439,000

    • 2 Beds
    • 1.5 Baths
    • 1,034 Sq Ft

    80 Wharf St Unit K3, Salem, MA 01970

    Back on market due to financing. What better place to enjoy summer than this 2 bedroom, 1.5 bath Penthouse condo overlooking the sparkling blue water. With beautiful views from multiple rooms, this top floor corner unit in the heart of the Wharf is an ideal home base to enjoy Salem, PLUS the unit includes an assigned PARKING spot. Exposed wood beams offset the light walls to perfectly frame the

    Julie Costa Keller Williams Realty Evolution

    80 Wharf St Unit K3, Salem, MA 01970
  • /5

    $1,970,000

    • 9 Beds
    • 9 Baths
    • 7,452 Sq Ft

    8-8.5 Herbert St, Salem, MA 01970

    We are pleased to present this multifamily offering which consists of 9 units, with on street parking. This deal includes a 2-unit and a 7-unit building, both connected by a well maintained outdoor entranceway. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and management efficiencies. The property features unique finishes

    Kevin Benzinger Boston Realty Advisors

    8-8.5 Herbert St, Salem, MA 01970
  • /33

    $359,800

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft

    16 Bentley St Unit 3, Salem, MA 01970

    SMARTLY PRICED 2 BEDROOM penthouse condo NEAR THE SALEM WATERFRONT, offering a BRIGHT AND SUNNY living experience, w/DEEDED ONSITE PARKING. SCHEDULE VIA SHOWINGTIME. Best 9:00AM to 2:00PM M - F. Offers an APPEALING, OPEN-CONCEPT DESIGN, 2 BDRMS, a large full bath, and ABUNDANT NATURAL LIGHT streaming in from two 4 x 4 foot SKYLIGHTS. Outstanding location, just 600 FEET TO SALEM HARBOR, in the

    Paul Marino Paul R. Marino

    16 Bentley St Unit 3, Salem, MA 01970

Why Live in Derby Street

The Derby Street neighborhood in Salem, Massachusetts, features homes primarily built in the mid to late 1800s, originally for workers like sailmakers and carpenters. Many of these Colonial Revival and New Englander-style homes have been converted into multiunit properties, often with front doors turned away from the street to save on taxes. The area has limited yard space and is experiencing rising water levels, prompting city efforts to protect homes. The Salem Maritime National Historic Site, the first of its kind in the U.S., includes 12 historic buildings and the Friendship of Salem vessel. Nearby, the House of the Seven Gables offers guided tours, and Winter Island, less than 2 miles away, provides camping, sailing, and beach activities. Collins Cove Park features pickleball and basketball courts. Pickering Wharf, with over 30 storefronts, offers dining options like Finz and Longboard, while Mercy Tavern is a local favorite for steak tips and cocktails. The Salem Arts Festival and the Salem Jazz & Soul Festival are notable annual events. The neighborhood is walkable, with sidewalks lining many streets, and the Salem Commuter Rail Station is a mile away. Major roads like Essex Street and U.S. Route 1 are nearby, and the Salem Ferry offers a scenic commute to Boston. Logan International Airport is 17 miles away, and Salem Hospital is 2 miles west. Educational options include the highly-rated Salem Academy Charter School, known for its college prep courses and community service.

Frequently Asked Questions

Is Derby Street a good place to live?
Derby Street is a good place to live. Derby Street is considered somewhat walkable and somewhat bikeable with some transit options. Derby Street has 4 parks for recreational activities. It has a median age of 43. The average household income is $100,348 which is above the national average. College graduates make up 62.9% of residents. A majority of residents in Derby Street are renters, with 50.7% of residents renting and 49.3% of residents owning their home. A local real estate agent serving Derby Street can help you decide if this neighborhood is the right one for you. Learn more on our Derby Street neighborhood guide.
How much do you need to make to afford a house in Derby Street?
The median home price in Derby Street is $412,000. If you put a 20% down payment of $82,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,140 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $92K a year to afford the median home price in Derby Street. The average household income in Derby Street is $100K.
What are the best public schools in Derby Street?
The best public schools that serve Derby Street are:
What are the best private schools in Derby Street?
The best private schools that serve Derby Street are:
What are the most popular zip codes in Derby Street, Salem, MA?
The most popular zip codes in Derby Street, Salem, MA include 01970, 01945, 01915, 01960 and 01923.
What are the most popular neighborhoods near Derby Street, Salem, MA?
The most popular neighborhoods near Derby Street, Salem, MA are Salem Common, Salem Willows, Downtown Salem, Bridge Street and The Point.

Home Trends in Derby Street, MA

Housing Trends

Median Sale Price
$402,500
Median Single Family Sale Price
$402,500
Average Price Per Sq Ft
$245
Number of Homes for Sale
0
Last 12 months Home Sales
42
Months of Supply
0.00
Median List Price
$412,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-6%
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