Condos InSalem, MA

Salem, MA Condo Market Report (In last 12 months)

Avg. List Price

$531,783 ($438/Sqft.)

Year-Over-Year List Price

5.10%

Total Listings

289

Avg. Days on Market

Avg. Sale Price

$517,533 ($435/Sqft.)

Year-Over-Year Sale Price

5.31%

Total Sold

260

Avg. HOA Fees/Sqft.

$5/monthly

Salem, MA Condo Market Overview

Immerse yourself in the vibrant condo market of Salem, a city steeped in history and coastal charm. Renowned for its witch trials and rich maritime heritage, Salem offers a unique living experience that blends old-world character with modern amenities. The waterfront properties in the historic district capture stunning views of Salem Harbor, providing residents with a picturesque backdrop to daily life. Explore the chic condos in the lively downtown area, where trendy cafes, eclectic shops, and spirited cultural events bring the community together. For those seeking tranquility, neighborhoods like South Salem and the enchanting Derby Wharf provide a peaceful retreat, featuring well-appointed properties surrounded by lush greenery. With a diverse range of options, from luxurious waterfront high-rises to affordable historic buildings, Salem's condo market caters to all lifestyles. Experience the charm, history, and vibrant community life where every day is brimming with discovery!

Condos For Sale In Salem, MA

Popular Condos Neighborhoods in Salem, MA

Central Business District

Salem

6 Units Available

North Salem

Salem

10 Units Available

South Salem

Salem

8 Units Available

The Point

Salem

2 Units Available

Central Business District

Salem

6 Units Available

North Salem

Salem

10 Units Available

South Salem

Salem

8 Units Available

The Point

Salem

2 Units Available

Bridge Street Neck

Salem

2 Units Available

Derby Street/Waterfront District

Salem

5 Units Available

Vinnin Square

Salem

4 Units Available

Castle Hill

Salem

1 Units Available

Explore Salem, MA Neighborhoods

Salem is a charming coastal city steeped in rich history and renowned for its captivating witch trials past. With its historic architecture, vibrant arts community, and picturesque waterfront, the city offers a delightful blend of cultural experiences, enchanting waterfront parks, and a lively downtown filled with shops and eateries that beckon visitors year-round.

Frequently Asked Questions About Salem, MA

What is it like to live in Salem?

Living in Salem offers a unique blend of historical charm and modern amenities, with a real estate market primarily consisting of single-family homes, condominiums, and apartments. The city features a reliable public transportation system with access to the MBTA commuter rail, providing easy connectivity to Boston and surrounding areas.

What is it like to live in Salem?

Is Salem expensive?

Salem's cost of living is slightly above the national average, with median home prices around $400,000 as of 2025. The city's real estate market includes historic homes and waterfront properties, and prices can vary significantly depending on proximity to the downtown area and waterfront.

Is Salem expensive?

How much is a condo in Salem?

The average price of a condo in Salem ranges from $250,000 to $600,000, depending on location, size, and amenities. Areas near the waterfront and downtown typically command higher prices due to their accessibility and views.

How much is a condo in Salem?

What are the safest neighborhoods in Salem?

Neighborhoods such as South Salem and the McIntire Historic District are noted for their lower crime rates and community-oriented atmosphere. These areas offer a mix of residential properties and access to local amenities, contributing to a sense of safety and security.