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Downtown Salem Homes for Sale

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  • /28

    $610,000

    • 1 Bed
    • 1.5 Baths
    • 818 Sq Ft

    65 Washington St Unit 512, Salem, MA 01970

    Situated at 65 Washington St. in Salem, this condominium presents an attractive property in great condition. Constructed in 2020, the residence offers a contemporary living experience on the fifth floor. The thoughtfully designed open floor plan creates an expansive atmosphere, perfect for both everyday living and entertaining. Within this engaging space, the kitchen stands as a centerpiece,

    Ginny LeBlanc Coldwell Banker Realty - Marblehead

    65 Washington St Unit 512, Salem, MA 01970
  • /20

    $419,900

    • 1 Bed
    • 1 Bath
    • 982 Sq Ft

    11 Church St Unit 703, Salem, MA 01970

    PENTHOUSE one bedroom condo in the heart of downtown Salem that includes an indoor swimming pool, gym and community room. How can that be? The Essex has the feeling of a private club with keyless entry, gracious lobby, mailroom, club lounge, fitness center, elegant courtyard, attached parking garage and yes, an indoor pool! This condo also features an updated kitchen and open living/dining area,

    Jaki Fishkin MerryFox Realty

    11 Church St Unit 703, Salem, MA 01970
  • /28

    $409,000

    • 1 Bed
    • 1 Bath
    • 679 Sq Ft

    289 Essex St Unit 211, Salem, MA 01970

    Live in the heart of historic and modern Salem! This spacious condo is walking distance to everything Salem has to offer, shops, restaurants, farmer's markets, festivals, and the train station for easy access to Boston and the entire North Shore. Inside, you’ll find a recently remodeled interior including white quartz counters, modern vinyl plank flooring, and a beautifully remodeled bathroom.

    Sue Trainoff Cameron Real Estate Group

    289 Essex St Unit 211, Salem, MA 01970
  • /35

    $900,000

    • 3 Beds
    • 2.5 Baths
    • 2,098 Sq Ft

    15 Phelps St Unit 1, Salem, MA 01970

    Beautifully designed three-level townhome-style condo offering a blend of modern finishes and thoughtful details throughout. The main floor features an open-concept kitchen and dining area with quartz counters, a 9' island, pot filler, pantry, and custom coffee bar. The second floor includes two spacious bedrooms, a bright office with French door, and a full bath with laundry and custom tilework.

    Jason Pincomb Lamacchia Realty, Inc.

    15 Phelps St Unit 1, Salem, MA 01970
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    $730,000

    • 4 Beds
    • 2.5 Baths
    • 1,376 Sq Ft

    23 River St, Salem, MA 01970

    Set on a corner in Salem's historic district, steps from the commuter rail and downtown, this meticulously renovated two-unit multi-family blends timeless charm with modern upgrades. Ideal for homeowners or investors. Unit 1: A sunlit 1BR featuring a living room with decorative fireplace, chef's kitchen, spa-like bath, in-unit laundry, & a porch. Unit 2: Spans the 2nd/3rd floors with a versatile

    Mary Stewart Compass

    23 River St, Salem, MA 01970

Why Live in Downtown Salem

Downtown Salem offers a mix of multiunit and multiuse buildings, often with the residential portion above ground-level storefronts. Some date back to the 1980s and '90s, while others, from the 1800s and early 1900s, were later converted into condos or apartments. Newer developments have emerged near the river and train station. Residents enjoy easy access to green spaces, including Salem Common, which features paved walkways, a basketball court and a playground. Winter Island Park has boat ramps and Waikiki Beach. The Salem YMCA provides additional recreational facilities. Dining options are abundant, with popular spots like Ledger, O'Neill's Pub & Restaurant, and All Souls Lounge, alongside numerous boutiques and stores with magical themes. Stop & Shop and Market Basket are grocery stores within a couple of miles. Cultural attractions include the Peabody Essex Museum and the historic city hall. Events include Salem's So Sweet Chocolate and Ice Sculpture Festival. The neighborhood is highly walkable, with some streets closed to cars, particularly during the tourist season. Massachusetts Bay Transportation Authority (MBTA) commuter rail is available from the Salem Station. A trip to Boston's North Station takes about half an hour. Salem Hospital is less than a mile from the neighborhood, and Boston Logan International Airport is about 16 miles away.

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 is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Downtown Salem has 4 parks for recreational activities. It has a median age of 42. The average household income is $127,362 which is above the national average. College graduates make up 66.6% of residents. A majority of residents in Downtown Salem are renters, with 58.1% of residents renting and 41.9% 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.
Is Downtown Salem, MA a safe neighborhood?
Downtown Salem, 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 Downtown Salem?
The median home price in Downtown Salem is $569,950. If you put a 20% down payment of $114,000 and had a 30-year fixed mortgage with an interest rate of 6.01%, your estimated principal and interest payment would be $2,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $117K a year to afford the median home price in Downtown Salem. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Salem is $127K.
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, 01960, 01945, 01915 and 01907.
What are the most popular neighborhoods near Downtown Salem, Salem, MA?
The most popular neighborhoods near Downtown Salem, Salem, MA are South Salem, The Point, North Salem, Salem Common and Derby Street.

Home Trends in Downtown Salem, MA

Housing Trends

Median Sale Price
$560,000
Median Single Family Sale Price
$1,169,500
Median Townhouse Sale Price
$729,000
Median 2 Bedroom Sale Price
$537,000
Median 1 Bedroom Sale Price
$409,500
Average Price Per Sq Ft
$462
Number of Homes for Sale
4
Last 12 months Home Sales
66
Months of Supply
0.70
Median List Price
$569,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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