6

Derby Street Homes for Sale

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  • /23

    $295,000

    • 1 Bed
    • 1 Bath
    • 571 Sq Ft

    33 Essex St Unit 1, Salem, MA 01970

    Charming one-bedroom, one-bath condo in the heart of downtown Salem. This bright, move-in ready unit features freshly painted interiors, hardwood floors, an open floor plan, and oversized closets in both the living area and bedroom. Deeded basement space includes private washer and dryer. Low HOA of $164/month covers master insurance — no pending assessments. Conveniently located near the MBTA

    Team ROVI Real Broker MA, LLC

    33 Essex St Unit 1, Salem, MA 01970
  • /31

    $424,999

    $50K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 971 Sq Ft

    96 Derby St Unit 1, Salem, MA 01970

    PRICE IMPROVEMENT! Charming condo in a historic area just steps from the water. Features a spacious open floor plan, two large bedrooms with great natural light, and a private entrance. Ideally located a short walk to Salem’s vibrant downtown, full of restaurants, shops, attractions, and entertainment. Conveniently near Salem State University, Salem Common, Salem Willows, Pickering Wharf, and

    Sean Reid Century 21 North East Homes

    96 Derby St Unit 1, Salem, MA 01970
  • /42

    $850,000

    • 5 Beds
    • 2 Baths
    • 2,487 Sq Ft

    1 English St, Salem, MA 01970

    Discover the charm of 1 English Street in Salem’s desirable coastal neighborhood. This two-family property offers nearly 2,500 sq ft of living space across three levels, featuring hardwood floors, and versatile layouts in both units. The home is set on a 5,558 sq ft lot with a private, fenced backyard and in-ground swimming pool—a rare amenity for the area. Enjoy the unbeatable location: just

    DalBon & Company Keller Williams Realty Evolution

    1 English St, Salem, MA 01970
  • /27

    $549,900

    Open Sat 12PM - 1:30PM $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,087 Sq Ft

    49 Essex St Unit 2R, Salem, MA 01970

    FINAL OPPORTUNITY – 75% SOLD OUT! The last remaining home in the revitalized 1841 Goodhue House. This unique 2-level residence offers a single-family feel with a deeded off-street parking spot. Major 2023 infrastructure updates incl a new roof, Hardie siding, high-efficiency windows & modern plumbing throughout. INSIDE: Enjoy a sun-drenched, open-concept layout featuring a 2023 kitchen w/ premium

    David White OwnerEntry.com

    49 Essex St Unit 2R, Salem, MA 01970
  • /18

    $335,000

    Open Sat 1PM - 2:30PM
    • 1 Bed
    • 1 Bath
    • 494 Sq Ft

    10 1/2 Herbert St Unit 21, Salem, MA 01970

    COMMUTER OH TONITE (THURS 4/30) 5-6:30!! 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

    Pam McKee Keller Williams Realty Evolution

    10 1/2 Herbert St Unit 21, Salem, MA 01970
  • /36

    $579,000

    Open Sat 1PM - 2:30PM
    • 2 Beds
    • 2 Baths
    • 1,416 Sq Ft

    125 Derby St Unit D, Salem, MA 01970

    Quintessential Salem charm meets an unbeatable downtown location at 125 Derby Street. A stone's throw from the waterfront and vibrant Derby Street scene. This inviting Townhome features 6 rooms, 2 Bedrooms & 2 Full Baths. All highlighted by period details, multiple fireplaces, and a warm, quaint feel throughout. Freshly finished hardwood floors offer a crisp update. A dedicated home office

    Patrick Sargent Herrick Lutts Realty Partners

    125 Derby St Unit D, 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 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 6.36%, your estimated principal and interest payment would be $2,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $107K 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 Downtown Salem, The Point, North Salem, South Salem and Downtown Beverly.
Are home prices dropping in Derby Street?
Yes, home prices in Derby Street are down 4% in the last 12 months.

Home Trends in Derby Street, MA

Housing Trends

Median Sale Price
$492,500
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$439,000
Median 2 Bedroom Sale Price
$485,000
Median 1 Bedroom Sale Price
$380,000
Average Price Per Sq Ft
$504
Number of Homes for Sale
5
Last 12 months Home Sales
24
Months of Supply
2.50
Median List Price
$499,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-13%
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