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Downtown Salem Homes for Sale

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  • /41

    $419,000

    • 2 Beds
    • 2 Baths
    • 840 Sq Ft

    11 Church St Unit 207, Salem, MA 01970

    Live in the heart of downtown Salem at The Essex! This 2nd-floor corner unit offers 2 Beds/2 Baths, city views, and privacy at the end of the corridor. The open floor plan flows from kitchen to dining to living area, where French doors open to a Juliette balcony. Enjoy generous closet space, in-unit laundry, and a layout designed for everyday ease. The Essex is a professionally managed community

    Agent Photo

    Julie Andrews

    Keller Williams Realty Evolution

    (978) 890-2467

    11 Church St Unit 207, Salem, MA 01970
  • /26

    $579,900

    • 2 Beds
    • 2 Baths
    • 1,241 Sq Ft

    281 Essex St Unit 201, Salem, MA 01970

    Experience the ULTIMATE in downtown Salem living with this stunning 2 bed, 2 bath LOFT at Latitude Condos. Soaring 12+ ft ceilings, exposed brick, original maple floors, and expansive windows fill the space with character and natural light. The open layout includes a gourmet kitchen with stainless steel appliances, GAS range, and island, plus in-unit laundry and central air for comfort

    Jennifer Crowe Atlantic Coast Homes,Inc

    281 Essex St Unit 201, Salem, MA 01970
  • /30

    $549,900

    • 2 Beds
    • 1.5 Baths
    • 1,393 Sq Ft

    11 Church St Unit 109, Salem, MA 01970

    Welcome to The Essex—your new home in the heart of downtown Salem! This spacious 2-bedroom, 1.5-bath condo offers nearly 1,400 sq. ft. of living space across two levels. Upstairs, you’ll find a comfortable open-concept living space, your French Doors open up to your private balcony—perfect for relaxing or entertaining. Your kitchen features stainless-steel appliances, a peninsula which you can

    Daniel Meegan J. Barrett & Company

    11 Church St Unit 109, Salem, MA 01970
  • /39

    $729,900

    • 2 Beds
    • 2 Baths
    • 1,455 Sq Ft

    225 Derby St Unit 608, Salem, MA 01970

    Stylish Penthouse with Harbor Views! Live the good life at Pickering Wharf in this sleek 2BR/2BA corner penthouse at the celebrated Salem Waterfront Hotel. This luxurious sun-splashed unit offers a lovely open floor plan with cathedral ceilings, gas fireplace and Juliet balcony overlooking vibrant city and harbor views. The designer granite and stainless kitchen flows into the bright living and

    Judith Zissulis Keller Williams Realty Evolution

    225 Derby St Unit 608, Salem, MA 01970
  • /40

    $527,000

    • 2 Beds
    • 2 Baths
    • 1,044 Sq Ft

    304 Essex St Unit 1, Salem, MA 01970

    Do you love Salem? Close in time for the exciting Fall activities! Opportunity to own affordable condo in heart of downtown Salem, 2BED, 2FULL BATH, unique 3-levels, corner unit. Private entry staircase leads to bright, sun-lit rooms, historic charm w/ exposed brick, soaring hi ceilings, original wooden beams, exposed metal ductwork. Beautiful wood floors. Open-concept kitchen features

    Andrea Dodge Coldwell Banker Realty - Marblehead

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

    $579,000

    • 2 Beds
    • 2 Baths
    • 1,210 Sq Ft

    140 Washington St Unit 1C, Salem, MA 01970

    Modern, loft style condominium now available in the heart of downtown Salem! Stop renting now and enjoy the pride of ownership or become a landlord and take advantage of a solid property with a strong rental history. This gorgeous home has soaring ceilings, HUGE windows, exposed brick walls, natural post beams, and its drenched in natural light. There are two generous bedrooms, two full baths, a

    Joe Firicano Boston Hub Real Estate

    140 Washington St Unit 1C, Salem, MA 01970
  • /36

    $619,000

    • 2 Beds
    • 2 Baths
    • 1,395 Sq Ft

    20 Central St Unit 402, Salem, MA 01970

    What sets this Salem condo apart begins with the deeded underground garage parking with direct interior access and elevator service—a rare and valuable convenience in the heart of downtown. From this prime location, you’re steps from Salem’s best restaurants, museums, shops, and entertainment, while enjoying the privacy and ease of a secure building. The unit itself is perfectly positioned to

    Amanda Armstrong Compass

    20 Central St Unit 402, Salem, MA 01970
  • /25

    $239,000

    • Land
    • 0.00 Acre

    0 Lot 61 Map 10 Unit 73335091, Salem, MA 01970

    Price Adjustment. Looking to Build the home of your dreams in 2025? A rare find in well established neighborhood in Historical Salem MA. close to park, schools, shopping, and major routes and all the vibrant Community has to offer. A re your a builder or a contractor or perhaps you have even bigger dreams a 2nd .23 buildable lot is also available. Surveyed and flagged. Raw land. Public

    Shannon Reddy-Hughes Coldwell Banker Realty

    0 Lot 61 Map 10 Unit 73335091, Salem, MA 01970
  • /25

    $259,000

    • Land
    • 0.00 Acre

    0 Lot 41 Map 10 Unit 73335079, Salem, MA 01970

    Price Adjustment . A rare find in Salem, MA. .23 Buildable lot located on Salem/Peabody townline in well established neighborhood close to schools, shopping & major routes. The Northshore Community offers MBTA Commuter LIne, Salem State University, Salem Willows and Winter Island truly something for everyone to explore & so much more. Have even bigger dreams 2nd lot is also available. Surveyed

    Shannon Reddy-Hughes Coldwell Banker Realty

    0 Lot 41 Map 10 Unit 73335079, Salem, MA 01970

Why Live in Downtown Salem

Downtown Salem offers a mix of multi-unit and multi-use buildings, with residences often found above ground-level storefronts. These condos and apartments, ranging from two to six stories, date back to the early 1900s through the 1990s, with new developments emerging near the river and train station. Residents enjoy easy access to green spaces like Salem Common, featuring paved walkways, a basketball court, and a playset, as well as Winter Island Park, which offers camping, boat ramps, and Waikiki Beach. The Salem YMCA provides additional recreational facilities. Dining options are abundant, with popular spots like Ledger, O'Neil’s Pub & Restaurant, and All Souls Bar, alongside numerous boutiques and stores with magical themes. Grocery shopping is convenient with local markets and chains like Stop & Shop and Market Basket within 2 miles. Cultural attractions include the Peabody Essex Museum and historic city hall, which hosts reenactments of the Salem Witch Trials. Events such as the Salem’s So Sweet Chocolate and Ice Sculpture Festival add to the vibrant community life. The neighborhood is highly walkable, with streets closed to cars, and the Salem commuter rail station offers a 30-minute ride to Boston’s North Station. Boston Logan International Airport is 16 miles away, and Salem Hospital is less than a mile from the neighborhood. Education options include the highly rated Salem Academy Charter School.

Frequently Asked Questions

Is Downtown Salem a good place to live?
Downtown Salem is a good place to live. Downtown Salem is considered very walkable and very bikeable with some transit options. Downtown Salem has 2 parks for recreational activities. It has a median age of 43. The average household income is $104,156 which is above the national average. College graduates make up 62.3% of residents. A majority of residents in Downtown Salem are renters, with 62.1% of residents renting and 37.9% of residents owning their home. A local real estate agent serving Downtown Salem can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Salem neighborhood guide.
How much do you need to make to afford a house in Downtown Salem?
The median home price in Downtown Salem is $490,500. If you put a 20% down payment of $98,100 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,500 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 Downtown Salem. The average household income in Downtown Salem is $104K.
What are the best public schools in Downtown Salem?
The best public schools that serve Downtown Salem are:
What are the best private schools in Downtown Salem?
The best private schools that serve Downtown Salem are:
What are the most popular zip codes in Downtown Salem, Salem, MA?
The most popular zip codes in Downtown Salem, Salem, MA include 01970, 01915, 01945, 01960 and 01923.
What are the most popular neighborhoods near Downtown Salem, Salem, MA?
The most popular neighborhoods near Downtown Salem, Salem, MA are Derby Street, Salem Willows, Collins Cove, Downtown Salem and North Salem.
Are home prices dropping in Downtown Salem?
Yes, home prices in Downtown Salem are down 2% in the last 12 months.

Home Trends in Downtown Salem, MA

Housing Trends

Median Sale Price
$470,000
Median Townhouse Sale Price
$458,000
Median 2 Bedroom Sale Price
$526,000
Median 1 Bedroom Sale Price
$370,000
Average Price Per Sq Ft
$494
Number of Homes for Sale
7
Last 12 months Home Sales
21
Months of Supply
4.00
Median List Price
$490,500
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
4%
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