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Downtown Salem Homes for Sale

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  • /23

    $499,000 Open Sat 12PM - 1:30PM

    • 2 Beds
    • 2 Baths
    • 860 Sq Ft

    16 Phelps St Unit 16-1, Salem, MA 01970

    Tucked on the edge of the highly desirable McIntire Historic District, one of Salem’s most picturesque neighborhoods, this beautifully renovated condominium is set on a peaceful dead-end street. Completely updated in 2021, the thoughtfully designed interior features an updated kitchen, two bedrooms, two full baths, including a private primary bath and in-unit laundry. Contemporary finishes in

    Kathy Culkin Coldwell Banker Realty - Marblehead

    16 Phelps St Unit 16-1, Salem, MA 01970
  • /22

    $469,900 Open Sun 11AM - 12:30PM

    • 2 Beds
    • 1 Bath
    • 760 Sq Ft

    75 Summer St Unit 5, Salem, MA 01970

    Open concept two bedroom, one bathroom penthouse condo with beautiful exposed brick, hardwood floors, large eat-in kitchen with stainless steel appliances, and in-unit laundry, This sunny corner unit features lots of windows with excellent natural light, abundant closet space, as well as additional basement storage, and one designated off-street parking space. Centrally located near Salem's

    Elizabeth Fair Aluxety

    75 Summer St Unit 5, Salem, MA 01970
  • /36

    $574,900

    • 3 Beds
    • 2 Baths
    • 1,347 Sq Ft

    99 Washington St Unit 33, Salem, MA 01970

    Ideally situated in Town House Square at the heart of Salem’s vibrant downtown, this sun-drenched, third-floor unit offers a rare opportunity to own a piece of the city’s architectural history.This single-story condominium perfectly combines vintage charm with modern living.The interior features gleaming hardwood floors, a well-appointed kitchen,granite countertops,open to generous dining space.

    Susan Berton Churchill Properties

    99 Washington St Unit 33, Salem, MA 01970
  • /20

    $419,900 Open Sun 12PM - 1:30PM

    • 1 Bed
    • 1 Bath
    • 722 Sq Ft

    289 Essex St Unit 308, Salem, MA 01970

    Prime Location. Live in the center of it all! Sunny Third Floor condo in the heart of Downtown Salem with Deeded Garage Parking, Storage & Elevator. Enjoy views of Crombie & Essex St from its picture window featuring; Sedona Maple wood floors, Maple cabinets, Granite, NEW SS appliances & central A/C. EV charging stations are right outside, along with additional parking. Stroll to Restaurants,

    Karen Ferro StartPoint Realty

    289 Essex St Unit 308, Salem, MA 01970
  • /38

    $739,900 Open Sat 11AM - 1PM

    • 2 Beds
    • 1.5 Baths
    • 1,242 Sq Ft

    129 Essex St Unit 8, Salem, MA 01970

    Located in the heart of downtown Salem, this renovated Samuel McIntire penthouse is full of historic character in a PRIME location. The bright living area features soaring ceilings, oversized windows, & hardwood floors that fill the space with natural light & create an open, inviting feel. The updated kitchen offers granite countertops, stainless steel appliances, sleek cabinetry, & a tile

    Laura Cohron Fiv Realty Co.

    129 Essex St Unit 8, Salem, MA 01970
  • /42

    $2,200,000 Open Sat 11:30AM - 1PM

    • 6 Beds
    • 3.5 Baths
    • 5,803 Sq Ft

    40 Chestnut St, Salem, MA 01970

    Grand single family townhouse on historic Chestnut Street in Salem. Started life in 1845 as a Greek Revival, later updated Colonial Revival details which has yielded a house with a rarified material quality...fluted pilasters, hand carved mantels, rich paneled wainscotting, mahogany windowsills, and the most delightful old-world butlers pantry. The whole house imparts a sense of enduring and

    Michael Selbst Gibson Sotheby's International Realty

    40 Chestnut 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 bikeable with good 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 6.3%, your estimated principal and interest payment would be $2,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $121K 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, North Salem, Peabody Town Center, Downtown Beverly and Vinnin Square.

Home Trends in Downtown Salem, MA

Housing Trends

Median Sale Price
$562,500
Median Single Family Sale Price
$1,294,500
Median Townhouse Sale Price
$858,750
Median 2 Bedroom Sale Price
$524,950
Median 1 Bedroom Sale Price
$410,000
Average Price Per Sq Ft
$464
Number of Homes for Sale
6
Last 12 months Home Sales
68
Months of Supply
1.10
Median List Price
$569,950
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
0%
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