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Newest Homes for Sale in The Point

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  • /17

    $995,000

    • 9 Beds
    • 3 Baths
    • 3,391 Sq Ft

    39 Salem St, Salem, MA 01970

    39 Salem Street contains three, renovated (3) 3-Bedroom/1-Bathroom units with 3,391 square feet of gross living area in 5,521 square feet of gross area. The Property is situated upon a 0.07-acre parcel and features eight (8) off-street parking spaces via four (4) tandem pairs. 39 Salem Street is well-positioned in Salem, offering strong access to the city’s historic downtown, neighborhood retail

    Steve Girolamo Horvath & Tremblay

    39 Salem St, Salem, MA 01970
  • /23

    $1,999,000

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

    21 Palmer St, Salem, MA 01970

    NEW PRICE!!! 9.81% CAP RATE | $250K+ GROSS INCOME | $196K+ NOI | 6 UNITS / 20 BEDROOMS! Exceptional opportunity to acquire a strong cash-flowing 6-unit multifamily in desirable Salem. Featuring an attractive unit mix of two spacious 4-bedroom units and four 3-bedroom units, the property generates approximately $250K in gross annual income with an estimated $196K NOI. Additional income from

    Elsa Liu Realty ONE Group Cosmopolitan

    21 Palmer St, Salem, MA 01970
  • /22

    $1,275,000

    • 8 Beds
    • 4 Baths
    • 3,400 Sq Ft

    1-7 Prince St, Salem, MA 01970

    Turnkey 4-unit investment opportunity in Salem perfect for investor or owner occupant. The Property consists four (4) 2-bedroom units, along with 5 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a newer roof, and new

    Francesca Little Little & Co., REALTORS®

    1-7 Prince 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
  • /28

    $379,000

    $46K 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
  • /14

    $335,000

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    56 Ward St Unit 3B, Salem, MA 01970

    Exceptional value in historic Salem! This 3 bedroom, 1 bath unit is ideally located just minutes from vibrant downtown Salem, Pickering Wharf, restaurants, shops, and the waterfront. The unit is a rear unit, providing added privacy. The roof and deck were updated just a few years ago, and a new heating system offers additional peace of mind. The surrounding area is undergoing significant

    Victor Paulino Engel & Volkers By the Sea

    56 Ward St Unit 3B, Salem, MA 01970

The Point, Salem, MA Home Prices vs. Nearby Neighborhoods

The Point Downtown Lynn Fayette Street Agganis AC
Median Home Price
$379,900
$359,900
$439,900
$420,000
Median Sale Price
$366,950
+1% YoY
$340,000
-3% YoY
$430,000
-4% YoY
$400,000
-18% YoY
Avg. Price per Square Foot
$354
$335
$448
$358
Median Single Family Price
$725,000
$525,000
$450,000
$525,000
Median Condo Price
$366,950
$339,000
$297,000
$395,000
Total Active Listings
6 listings
6 listings
4 listings
6 listings
Market Conditions
6 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market
4 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 very walkable and bikeable with some transit options. 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.
How much do you need to make to afford a house in The Point?
The median home price in The Point is $379,900. If you put a 20% down payment of $76,000 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $2,030 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K 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, Derby Street, South Salem, Salem Common and North Salem.
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