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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 400k in South Salem Salem, MA

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Star IconWhat to know
  • The largest demographic group in South Salem comprises residents aged 35 to 39, who typically earn up to $76,520 annually.
  • With a dominant age group of 35 to 39 years, South Salem attracts many young professionals and families seeking stability and growth.

Market Overview

AVG. DAYS ON MARKET
47
Trending Up12.93% year over year
AVG. SOLD PRICE
$318,000
Trending Down3.09% year over year

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Frequently Asked Questions About Salem, MA

What is it like to live in South Salem, Salem, MA?

Living in South Salem offers a suburban atmosphere with access to parks and recreational areas. The community features a mix of historic and modern homes, friendly neighborhoods, and local amenities, including shops and schools.

Is South Salem, Salem, MA expensive?

South Salem has a relatively high cost of living compared to the national average, with housing prices reflecting that trend. The neighborhood features a mix of historic homes and new construction, often resulting in higher property values.

What is the weather of South Salem, Salem, MA?

South Salem experiences a humid continental climate, characterized by cold winters and warm, humid summers. Average snowfall occurs during the winter months, while summer temperatures can rise into the low 80s°F (27°C).

How safe is South Salem, Salem, MA?

South Salem is considered a relatively safe neighborhood, with crime rates lower than the national average for both violent and property crimes. The community is known for its residential atmosphere and active neighborhood watch programs.