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Derby Street Condos for Sale

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  • /38

    $534,900

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft

    131 Derby St Unit 3F, Salem, MA 01970

    Live your best life in the heart of Salem’s vibrant & historic Derby Street neighborhood. Just steps from the waterfront, Salem Maritime Historic site, fine dining, taverns, shops, the PEM, Pickering Wharf, The Common, House of Seven Gables, & the ferry & commuter rail to Boston. This meticulously maintained 2BR condo blends modern comfort w/ the ultimate downtown lifestyle. Enjoy exclusive

    Melissa Dias Lopes J. Barrett & Company

    131 Derby St Unit 3F, 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

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.

Home Trends in Derby Street, MA

Housing Trends

Median Sale Price
$525,000
Median Single Family Sale Price
$652,500
Median Townhouse Sale Price
$512,000
Median 2 Bedroom Sale Price
$519,500
Median 1 Bedroom Sale Price
$397,500
Average Price Per Sq Ft
$527
Number of Homes for Sale
4
Last 12 months Home Sales
25
Months of Supply
1.90
Median List Price
$549,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
12%
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