5

Derby Street Homes for Sale

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  • /31

    $399,000

    Open Sun 12PM - 1:30PM $76K 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
  • /19

    $329,900

    • 1 Bed
    • 1 Bath
    • 401 Sq Ft

    149 Derby St Unit A, Salem, MA 01970

    Live in the heart of historic Salem in this beautifully designed 1-bedroom, 1-bath condo located on iconic Derby Street. This sun-filled, ground-level residence offers 401 square feet of thoughtfully designed living space with exceptional finishes throughout. Features include hardwood flooring, quartz countertops with a full-height backsplash, in-unit laundry, and a stylish bathroom showcasing

    Coastal Life Realty Team Real Broker MA, LLC

    149 Derby St Unit A, Salem, MA 01970
  • /36

    $549,000

    $30K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,416 Sq Ft

    125 Derby St Unit D, Salem, MA 01970

    Step back in time without sacrificing modern convenience. Built in 1768 for Captain Edward Allen, this exceptional 6-room, 2-bedroom townhome is nestled in the heart of Salem's Historic District, just steps from The House of the Seven Gables, Pickering Wharf, and the historic Ye Olde Pepper Companie. Rich with period character, the home showcases beautifully refinished original King pine hardwood

    Patrick Sargent Herrick Lutts Realty Partners

    125 Derby St Unit D, Salem, MA 01970
  • /30

    $499,900

    Open Sat 12PM - 2PM $49K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,117 Sq Ft

    10 Daniels St Unit 2, Salem, MA 01970

    Located between Derby and Essex, in one of Salem’s most vibrant neighborhoods, this beautifully renovated 3 bed condo is classic Salem style upgraded to today’s modern aesthetic. Extensively renovated, the majority was rebuilt with new drywall, fire-rated insulation, electrical, plumbing, lighting, flooring, and finishes. The kitchen features soft-close cabinetry, updated countertops, farmhouse

    Sarah Myles-Lennox MerryFox Realty

    10 Daniels St Unit 2, Salem, MA 01970
  • /36

    $949,900

    Open Sat 12PM - 2PM
    • 4 Beds
    • 4 Baths
    • 2,496 Sq Ft

    5 Daniels St, Salem, MA 01970

    Historic Salem Antique 2 Family, built in 1805 for Edmund Stanley, the first Captain of the Friendship. It consists of 2 townhouses, each with a Living room, new Kitchen, 2 Bedrooms, 1 1/2 Baths, Hardwood Floors, Fireplaces, Laundry, Replacement Windows, Insulation and a large dry basement. In addition there are 2 new Electric Panels, 2 Gas water-heaters, 2 gas fired boilers and a brand new roof.

    Virginia Carson Tache Real Estate, Inc.

    5 Daniels St, 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.

Derby Street Home Prices vs. Nearby Salem, MA Neighborhoods

Derby Street Bridge Street South Salem Fayette Street
Median Home Price
$519,900
$604,000
$525,000
$400,000
Median Sale Price
$520,000
-8% YoY
$535,000
$501,500
-1% YoY
$420,000
-6% YoY
Median Single Family Price
$1,150,000
$535,000
$757,500
$450,000
Median Townhouse Price
$439,000
$699,000
$482,484
--
Median Condo Price
$500,000
$550,000
$475,500
$297,000
Total Active Listings
4
3
13
2
Market Conditions
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

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 51% of residents renting and 49% 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 $519,900. If you put a 20% down payment of $104,000 and had a 30-year fixed mortgage with an interest rate of 6.55%, your estimated principal and interest payment would be $2,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $113K 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, Downtown Salem, Bridge Street, The Point and North Salem.
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