1

South Salem Townhome for Sale

Section Image
  • /24

    $449,900

    • 1 Bed
    • 2 Baths
    • 1,256 Sq Ft

    256 Lafayette St Unit 3, Salem, MA 01970

    Enjoy all Salem has to offer in this bright and airy loft-style condo featuring exposed beams and lots of natural light. The unit has brand new windows, as well as a recently updated kitchen that includes new stainless steel appliances, white Shaker cabinets, and tile backsplash. The main level is perfect for entertaining and features an open-concept living room, kitchen, and dining area, as well

    Elizabeth Fair Aluxety

    256 Lafayette St Unit 3, Salem, MA 01970

Why Live in South Salem

South Salem features a mix of colonial-style single-family homes and Victorian-era constructions, many of which have been converted into condos. The neighborhood's streets are lined with Cape Cods, Tudor revivals, midcentury Colonial Revivals, and bungalows, with homes typically set back from sidewalks by walkways leading to front doors. Small lots with fenced-in gardens are common, and street parking is prevalent, though some homes have driveways. Forest River Park, located on a peninsula in Salem Harbor, offers baseball, basketball, and a beach, along with a newly renovated Outdoor Recreation and Nature Center. The Marblehead Rail Trail provides a scenic 3-mile walk, while Olde Salem Green offers a nine-hole golf course. For shopping, Crosby’s Marketplace and Daily Table are nearby, with a Target and The Home Depot 3 miles west at Hawthorne Square. Essex Street is the commercial hub, featuring popular attractions, restaurants, and specialty shops like Ledger Restaurant and Bambolina. The annual Haunted Happenings Parade kicks off a month-long Halloween celebration, drawing over 15,000 visitors. Other attractions include the Real Pirates Salem Museum, Peabody Essex Museum, and Nathaniel Hawthorne’s House of the Seven Gables. South Salem has a crime rate comparable to the national average.

Home Trends in South Salem, MA

Housing Trends

Median Sale Price
$350,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$295,000
Median 2 Bedroom Sale Price
$205,000
Median 1 Bedroom Sale Price
$550,000
Average Price Per Sq Ft
$233
Number of Homes for Sale
6
Last 12 months Home Sales
86
Months of Supply
0.80
Median List Price
$374,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-35%
How to Buy a Home How to Finance a Home How to Sell a Home