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Derby Street Homes for Sale

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  • 67 Essex St Unit 2, Salem, MA 01970
    67 Essex St Unit 2, Salem, MA 01970
    67 Essex St Unit 2, Salem, MA 01970
    /36

    $799,000

    • 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
  • 67 Essex St Unit 1, Salem, MA 01970
    67 Essex St Unit 1, Salem, MA 01970
    67 Essex St Unit 1, Salem, MA 01970
    /40

    $799,000

    • 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
  • 17 Webb St Unit 1, Salem, MA 01970
    17 Webb St Unit 1, Salem, MA 01970
    17 Webb 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
  • 8-8.5 Herbert St, Salem, MA 01970
    8-8.5 Herbert St, Salem, MA 01970
    8-8.5 Herbert St, 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
  • 16 Bentley St Unit 3, Salem, MA 01970
    16 Bentley St Unit 3, Salem, MA 01970
    16 Bentley St Unit 3, 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
Massachusetts Essex County Salem Derby Street

Real Estate & Homes for Sale in Derby Street, Salem

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.
Learn more about living in Derby Street

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 $395,000. If you put a 20% down payment of $79,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K 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.
Are home prices dropping in Derby Street?
Yes, home prices in Derby Street are down 27% in the last 12 months.

Home Trends in Derby Street, MA

On average, homes in Derby Street, Salem sell after 89 days on the market compared to the national average of 70 days. The median sale price for homes in Derby Street, Salem over the last 12 months is $370,000, down 38% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$370,000
Median Single Family Sale Price
$370,000
Average Price Per Sq Ft
$247
Number of Homes for Sale
0
Last 12 months Home Sales
31
Months of Supply
0.00
Median List Price
$395,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-38%
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