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Downtown Salem Homes for Sale

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  • /40

    $1,600,000

    $125K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 4,369 Sq Ft

    33 Chestnut St, Salem, MA 01970

    Grand Federal townhouse offering four floors of gracious living on Salem's celebrated Chestnut Street. Generously scaled living and dining rooms showcase original woodwork and elegant King of Prussia marble mantels. A pair of dramatic 9-foot doorways in the dining room open to a deck with steps to the garden below, creating seamless indoor-outdoor living. Reflecting the home's thoughtful design,

    Michael Selbst Gibson Sotheby's International Realty

    33 Chestnut St, Salem, MA 01970
  • /40

    $979,000

    Pre-Foreclosure
    • 4 Beds
    • 3 Baths
    • 2,818 Sq Ft

    20 Federal St Unit 6, Salem, MA 01970

    Stunning end-unit townhouse in a premier downtown Salem location, quietly situated on one of the city’s most desirable streets within a beautifully maintained, 100% owner-occupied complex. Completely renovated from the studs out in 2026, this 4-bedroom, 3-full-bath residence offers elevated design, refined finishes, gleaming hardwood floors, soaring ceilings, and exceptional natural light

    Steven Lynch Real Broker MA, LLC

    20 Federal St Unit 6, Salem, MA 01970
  • /31

    $995,000

    Open Sat 11:30AM - 1PM
    • 3 Beds
    • 2 Baths
    • 1,609 Sq Ft

    107 Federal St Unit 1, Salem, MA 01970

    Newly constructed residential unit built in what was once a circa 1890 dry goods store. Bask in the bountiful natural light from the original 96" tall storefront windows, gaze upon a lovely square or close the top down/bottom up shades for maximum privacy. Entertain in comfort while enjoying all that light in the open concept living/dining/kitchen area. Feel the spaciousness afforded by the high

    Rich Jagolta Seaport Realty

    107 Federal St Unit 1, Salem, MA 01970
  • /16

    $349,900

    Open Sat 10:30AM - 12PM
    • 1 Bed
    • 1 Bath
    • 656 Sq Ft

    7 Crombie St Unit 4, Salem, MA 01970

    Historic charm meets modern convenience in the heart of downtown Salem. Nestled within a beautifully converted historic building in Salem’s Historic District, this inviting 1-bedroom residence offers an exceptional blend of character, style, and location. Enjoy a vibrant, walkable lifestyle just steps from renowned restaurants, boutique shopping, museums, the waterfront, and Salem’s celebrated

    Ciampa Group Keller Williams Realty Boston Northwest

    7 Crombie St Unit 4, Salem, MA 01970
  • /34

    $2,310,000

    $190K PRICE DROP
    • 9 Beds
    • 7 Baths
    • 4,997 Sq Ft

    401 Essex St, Salem, MA 01970

    Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases

    Francesca Little Little & Co., REALTORS®

    401 Essex St, Salem, MA 01970
  • /20

    $464,900

    Open Sat 11AM - 12PM $5K PRICE DROP
    • 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
  • /35

    $449,900

    Open Sat 11:30AM - 1PM
    • 2 Beds
    • 2 Baths
    • 1,060 Sq Ft

    42 Broad St Unit 3, Salem, MA 01970

    Welcome home to this bright and inviting two-bedroom, two-bath condominium offering the perfect blend of comfort and convenience in the heart of Salem. Bring your imagination and updates to your centrally located condo. The traditional layout features an open living and dining area, creating an ideal space for both everyday living and entertaining. The kitchen flows out to a private deck—perfect

    Daniel Meegan J. Barrett & Company

    42 Broad St Unit 3, Salem, MA 01970
  • /22

    $479,900

    • 3 Beds
    • 2.5 Baths
    • 1,340 Sq Ft

    35 Flint St Unit 106, Salem, MA 01970

    Rare opportunity to own a beautifully updated 3-bedroom, 2.5-bath condominium in Salem's sought-after Historic District. Ideally located just blocks from vibrant downtown Salem, this home offers convenient access to renowned restaurants, boutique shopping, galleries, waterfront parks, Salem Common, Derby Wharf, Salem Willows, and the MBTA Commuter Rail (less than two miles away) with direct

    Alaina Ferriero Seaside Realty

    35 Flint St Unit 106, Salem, MA 01970
  • /5

    $599,900

    • 4 Beds
    • 2 Baths
    • 2,433 Sq Ft

    47 Federal St, Salem, MA 01970

    Well located 1787 Gambrel office building directly across from courthouse , 1 block to train and parking garage. Currently used as Attorney At Law Office. Huge plus is the off street parking allowing for 2 car tandem parking. The building also has central air and is within moments to banks, restaurants. Very high "in and out" index. BUyers and buyers agent should determine of a change of usage is

    George Fallon 1 Percent Realty, LLC

    47 Federal St, Salem, MA 01970
  • /24

    $1,795,000

    $305K PRICE DROP
    • 7 Beds
    • 6 Baths
    • 5,212 Sq Ft

    395 Essex St, Salem, MA 01970

    Located in Salem's prestigious McIntire District, this remarkable six-family Georgian Colonial, built circa 1735, presents a rare opportunity to own a significant piece of the city's architectural history. The Property consists six (6) residential units comprised of four (4) one-bedroom apartments, one (1) two-bedroom apartment, and one (1) studio.The Essex Street-facing apartments showcase an

    Francesca Little Little & Co., REALTORS®

    395 Essex St, Salem, MA 01970
  • /19

    $510,000

    Open Sun 10AM - 12PM $9K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,189 Sq Ft

    64 Wharf St Unit 2, Salem, MA 01970

    ....OPEN HOUSE SUNDAY 8/16 10AM -12 PM...Presenting a meticulously maintained and renovated 2 bedroom, 1.5 bath bi-level townhouse condominium located at PICKERING WHARF in historical Salem, MA with direct access to waterfront and marina. Further, offering 1189 square feet of refined living space in a ready-to-move-in condition! There is a full bathroom on the 2nd level, w/ laundry located just

    Lance Layne Lance I. Layne, Esquire

    64 Wharf St Unit 2, Salem, MA 01970
  • /24

    $2,200,000

    • 10 Beds
    • 9 Baths
    • 7,033 Sq Ft

    364 Essex St, Salem, MA 01970

    364-366 Essex Street contains one (1) 2-Bedroom/1-Bathroom unit, five (5) 1-Bedroom/1-Bathroom units, one (1) 2-Room Studio unit, and two (2) Studio units with 7,033 square feet of gross living area in 9,044 square feet of gross area. The Property is situated upon a 0.13-acre parcel and features four (4) off-street parking spaces. Located in the heart of downtown Salem, 364-366 Essex Street

    Steve Girolamo Horvath & Tremblay

    364 Essex St, Salem, MA 01970
  • /38

    $749,000

    $40K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,834 Sq Ft

    331 Bridge St Unit 2, Salem, MA 01970

    Modern townhouse living just steps from downtown Salem! Built in 2021, this beautifully appointed 2-bedroom, 2.5-bath home offers three thoughtfully designed levels. The flexible entry level is ideal for a home office, gym, media room, or guest space and includes direct access to the heated garage. The open-concept main level features hardwood floors, a gas fireplace, abundant natural light, and

    DalBon & Company Keller Williams Realty Evolution

    331 Bridge St Unit 2, Salem, MA 01970
  • /28

    $419,900

    • 1 Bed
    • 1 Bath
    • 1,147 Sq Ft

    11 Church St Unit G-14, Salem, MA 01970

    Welcome to The Essex ideally located in the heart of historic downtown Salem on the Essex Street Pedestrian Walkway. This 1-bedroom, 1-bath condo features a versatile bonus room, large in-unit storage room and an open living/dining area with French doors leading to a private patio overlooking the beautifully landscaped courtyard. The unit is located on the garden level. Updates include vinyl

    Carol Beatrice Real Broker MA, LLC

    11 Church St Unit G-14, Salem, MA 01970
  • /39

    $849,000

    Open Sat 1:30PM - 3PM $101K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,701 Sq Ft

    15 River St, Salem, MA 01970

    Located in Salem’s distinguished McIntire District, 15 River Street presents a rare opportunity to own a home dating to 1757, rooted in the city’s rich early American history. This antique residence reflects Salem’s architectural heritage with wide pine floors, original millwork, and enduring period detail throughout. Thoughtfully updated for modern living, the home seamlessly blends old and new,

    Melissa Weinand The Proper Nest Real Estate

    15 River St, Salem, MA 01970
  • /27

    $469,900

    • 1 Bed
    • 1 Bath
    • 686 Sq Ft

    7 Crombie St Unit 10, Salem, MA 01970

    Brimming with historic character, yet updated for modern life, this chic condo in the heart of downtown Salem combines the best of both worlds! Originally built in 1828 as a theater, then later used as a church, this building features a beautiful brick exterior, slate roof, and elegant interior woodwork. Unit 10 provides two levels of flexible living space, including soaring ceilings, stunning

    Elizabeth Fair Aluxety

    7 Crombie St Unit 10, 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.

Downtown Salem Home Prices vs. Nearby Salem, MA Neighborhoods

Downtown Salem Peabody Town Center South Salem Danvers
Median Home Price
$575,000
$509,900
$512,000
$664,450
Median Sale Price
$572,800
+2% YoY
$525,000
-7% YoY
$500,000
-2% YoY
$657,500
+1% YoY
Median Single Family Price
$849,000
$629,000
$789,999
$747,000
Median Townhouse Price
$889,500
$645,000
$482,484
$576,250
Median Condo Price
$519,950
$405,000
$475,500
$495,000
Total Active Listings
12 listings
11 listings
8 listings
24 listings
Market Conditions
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
1 Month of Supply
Seller's Market

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% of residents renting and 42% 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 $575,000. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $2,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $127K 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, 01915, 01945 and 01923.
What are the most popular neighborhoods near Downtown Salem, Salem, MA?
The most popular neighborhoods near Downtown Salem, Salem, MA are The Point, South Salem, Salem Common, Derby Street and North Salem.
Are home prices dropping in Downtown Salem?
Yes, home prices in Downtown Salem are down 8% in the last 12 months.
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