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Derby Street Homes for Sale

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  • /24

    $399,900

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft

    16 Bentley St Unit 3, Salem, MA 01970

    Light, bright, and right in the middle of it all! This 2 Bed/ 1 Bath condo in Salem’s Historic Derby Street Neighborhood delivers downtown living with style. Sun pours into the open-concept living, dining, and kitchen space, where an easy open flow sets the tone for modern living. The recently remodeled kitchen features white shaker cabinetry, open upper shelving, a stainless refrigerator, center

    Agent Photo

    Julie Andrews

    Keller Williams Realty Evolution

    (978) 949-9019

    16 Bentley St Unit 3, Salem, MA 01970
  • /20

    $349,000

    • 1 Bed
    • 1 Bath
    • 494 Sq Ft

    10.5 Herbert St Unit 21, Salem, MA 01970

    Steeped in history, 10 1/2 Herbert St was the home of Nathanial Hawthorne for over 30 years! Ideally located between Derby Wharf and the Salem Common, you have easy proximity to downtown, Pickering Wharf, water shuttle and train station. This sweet second floor unit offers wood floors throughout with recently renovated beautiful bathroom and gorgeous kitchen. Gleaming quartz counters, white

    Pam McKee Keller Williams Realty Evolution

    10.5 Herbert St Unit 21, Salem, MA 01970
  • /37

    $499,900

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft

    131 Derby St Unit 3F, Salem, MA 01970

    Experience effortless downtown living at 131 Derby St, Unit 3-Front, ideally located in the heart of Salem’s iconic waterfront district. This stylish 2-bedroom condo places you moments from the Salem Maritime Historic Site, Pickering Wharf, PEM, fine dining, shops, taverns,The Common, and commuter options- the ferry and rail to Boston. Thoughtfully maintained, the home offers a bright open layout

    Melissa Dias Lopes J. Barrett & Company

    131 Derby St Unit 3F, Salem, MA 01970
  • /30

    $469,000

    • 2 Beds
    • 1 Bath
    • 1,011 Sq Ft

    86 Wharf St Unit 6, Salem, MA 01970

    BACK ON THE MARKET as a result of financing: Hugely desirable & sought after PICKERING WHARF unit AVAILABLE NOW! Upon entrance into this UPDATED TOWNHOME, the beautifully & tastefully RENOVATED kitchen & bath are a huge WOW factor! This multi-level, 2-bedroom property, offers almost 1,000 sq. ft. of living space, PLUS a HOME OFFICE ROOM with wharf VIEWS! Tons of natural sunlight throughout with

    Christie Kane Bella View Realty Group, LLC

    86 Wharf St Unit 6, Salem, MA 01970

Why Live in Derby Street

The Derby Street neighborhood in Salem, Massachusetts, is characterized by vintage homes, some dating as far back as the 17th century, and many from the 18th-century Federal era. The original inhabitants included sailmakers and carpenters. Homes continued to be added through the decades up until the mid-20th century, while many of the historical homes were converted into multiunit properties. The Salem Maritime National Historic Site, the first of its kind in the U.S., includes a dozen 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 has basketball courts and a softball field. Pickering Wharf, with over 30 storefronts, is known for restaurants, including Mercy Tavern, which also hosts live music. Longboards specializes in lobster-themed menu items and offers darts, shuffleboard and arcade games. The Salem Arts Festival and the Salem Jazz and Soul Festival are notable annual events in Salem. The neighborhood is walkable, with sidewalks lining many streets, and there's bus service. Additionally, about a mile away is the Salem Station, with Massachusetts Bay Transportation Authority (MBTA) commuter rail. There's close access to major roads like Essex Street and U.S. Route 1, and the Salem Ferry offers a scenic commute to Boston.

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 is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Derby Street has 4 parks for recreational activities. It has a median age of 43. The average household income is $100,348 which is below 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.
Is Derby Street, MA a safe neighborhood?
Derby Street, MA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Derby Street?
The median home price in Derby Street is $499,000. If you put a 20% down payment of $99,800 and had a 30-year fixed mortgage with an interest rate of 6.01%, your estimated principal and interest payment would be $2,400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $103K a year to afford the median home price in Derby Street. Learn how much home you can afford with our Home Affordability Calculator. 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, The Point, Downtown Salem and North Salem.

Home Trends in Derby Street, MA

Housing Trends

Median Sale Price
$520,000
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$439,000
Median 2 Bedroom Sale Price
$480,000
Median 1 Bedroom Sale Price
$395,000
Average Price Per Sq Ft
$515
Number of Homes for Sale
4
Last 12 months Home Sales
19
Months of Supply
2.50
Median List Price
$499,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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