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The Point Homes for Sale

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  • /42

    $2,099,900

    • 19 Beds
    • 6 Baths
    • 7,044 Sq Ft

    19 Palmer St, Salem, MA 01970

    MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental

    Elsa Liu Realty ONE Group Cosmopolitan

    19 Palmer St, Salem, MA 01970
  • /31

    $389,000

    $11K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 919 Sq Ft

    16 Leavitt St Unit 2, Salem, MA 01970

    Welcome to 16 Leavitt Street, a beautifully updated 3+ bedroom second-floor condo in the heart of historic Salem and 1/2 mile from Salem State.. Move-in ready and filled with natural light, this home perfectly blends classic charm with modern comfort. The fully renovated eat-in kitchen boasts granite countertops, a tiled backsplash, stainless appliances, and a walk-in pantry with custom

    Joanne Rodrigues Redfin Corp.

    16 Leavitt St Unit 2, Salem, MA 01970
  • /25

    $325,000

    • 2 Beds
    • 1 Bath
    • 835 Sq Ft

    56 Peabody St Unit 3E, Salem, MA 01970

    Great first time buyer unit. Where can you find a clean, renovated unit with a view like this for this price? Elegant new hardwood floors throughout (2020). Corner unit with lots of natural light and views of Pickering wharf area. 2 Bedrooms or 1 bedroom with a den or office. Large closets, new kitchen (2020), clean and bright. Basement has coin-op washers and dryers. Only 8 units in the

    Karen O'Brien Stuart St James, Inc.

    56 Peabody St Unit 3E, Salem, MA 01970
  • /19

    $749,900

    $450K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,970 Sq Ft

    184 Lafayette St, Salem, MA 01970

    One of a kind and rare opportunity in the heart of Salem! Renovate this 11 room stucco Colonial and make it your own unique property or develop the R3 zoned parcel into something new. This property sits on a .21 acre lot on Rt. 114 close to downtown Salem. The current house has 4 bedrooms, 3 full baths and a 1 car garage and is setback from the street with a front yard surrounded by a stone wall

    Bernie Starr Berkshire Hathaway HomeServices Commonwealth Real Estate

    184 Lafayette St, Salem, MA 01970
  • /28

    $399,900

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 972 Sq Ft

    16 Leavitt St Unit 3, Salem, MA 01970

    This beautiful, warm, updated condo in historic Salem is ready to move in! Located on the third floor, this unit offers 3 bedrooms, 1 full bath, living space filled with natural light, charm and character. High ceilings, stunning hardwood floors, custom cabinets, bean board - wainscoting woodwork throughout the condo, creating inviting atmosphere. Open-concept flow into updated kitchen with

    Jill Michaud Gibson Sotheby's International Realty

    16 Leavitt St Unit 3, Salem, MA 01970
  • /16

    $1,779,000

    • 16 Beds
    • 6 Baths
    • 6,345 Sq Ft

    33 Harbor St, Salem, MA 01970

    We are pleased to present this multifamily offering which consists of 6 units. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements. The properties boiler system was recently upgraded and the common areas hold two washers and two dryers, both of which are coin operated. The property is ideally located in a quiet residential

    Daniel Alper Boston Realty Advisors

    33 Harbor St, Salem, MA 01970
  • /41

    $4,200,000

    • 34 Beds
    • 12 Baths
    • 13,472 Sq Ft

    8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA 01970

    5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage

    Dan Pouladian North Shore Realty Advisors

    8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA 01970
  • /13

    $759,000

    $66K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 3,378 Sq Ft

    3 Chase St, Salem, MA 01970

    Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates

    Kaitlyn Duyon eRealty Advisors, Inc.

    3 Chase St, Salem, MA 01970

Why Live in The Point

The Point is a Salem neighborhood that traces its name to its early status as a fishing center along the Massachusetts coastline. Centuries later, it is a culturally vibrant neighborhood. “When people talk about Salem and vibrancy, The Point is the ...

The Point Home Prices vs. Nearby Salem, MA Neighborhoods

The Point Downtown Lynn Derby Street Fayette Street
Median Home Price
$384,900
$367,500
$499,900
$400,000
Median Sale Price
$339,950
-8% YoY
$346,500
-1% YoY
$510,000
-3% YoY
$425,000
-4% YoY
Median Single Family Price
$749,900
$525,000
$1,150,000
$484,950
Median Condo Price
$359,900
$350,000
$499,900
$271,000
Total Active Listings
4
8
3
3
Market Conditions
12 Months of Supply
Buyer's Market
4 Months of Supply
Balanced Market
1 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is The Point a good place to live?
The Point is a good place to live. The Point is considered fairly walkable and bikeable with some transit options. The Point is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. The Point has 4 parks for recreational activities. It has a median age of 35. The average household income is $49,605 which is below the national average. College graduates make up 22.2% of residents. A majority of residents in The Point are renters, with 86% of residents renting and 14% of residents owning their home. A local real estate agent serving The Point can help you decide if this neighborhood is the right one for you. Learn more on our The Point neighborhood guide.
Is The Point, MA a safe neighborhood?
The Point, 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 The Point?
The median home price in The Point is $384,900. If you put a 20% down payment of $77,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in The Point. Learn how much home you can afford with our Home Affordability Calculator. The average household income in The Point is $50K.
What are the best public schools in The Point?
The best public schools that serve The Point are:
What are the best private schools in The Point?
The best private schools that serve The Point are:
What are the most popular zip codes in The Point, Salem, MA?
The most popular zip codes in The Point, Salem, MA include 01970, 01945, 01960, 01915 and 01907.
What are the most popular neighborhoods near The Point, Salem, MA?
The most popular neighborhoods near The Point, Salem, MA are Downtown Salem, South Salem, Salem Common, North Salem and Bridge Street.
Are home prices dropping in The Point?
Yes, home prices in The Point are down 7% in the last 12 months.
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