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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 500k in The Point Salem, MA

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Star IconWhat to know
  • The average age in The Point is 38 years, with a significant portion of the population falling in the '35 to 39' age group, earning up to $65,591. This demographic is ideal for young professionals and families alike.
  • The largest demographic group in The Point consists of individuals aged 35 to 39, who typically earn up to $65,591, making it an attractive area for career-oriented tenants and first-time homebuyers.

Market Overview

AVG. DAYS ON MARKET
75
Trending Up20.44% year over year
AVG. SOLD PRICE
$361,000
Trending Up18.36% year over year

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Frequently Asked Questions About Salem, MA

What is it like to live in The Point, Salem, MA?

Living in The Point offers residents a diverse community atmosphere with access to local shops, parks, and Salem's historic waterfront. The neighborhood features a mix of housing styles, including single-family homes and multi-family units. Proximity to downtown Salem provides convenient access to cultural attractions and public transportation options.

Is The Point, Salem, MA expensive?

The Point in Salem has a range of housing options, with some areas experiencing higher prices due to proximity to the waterfront and local amenities. Overall, it is considered moderately priced compared to other coastal areas in Massachusetts, but some properties can be on the higher end, especially newly renovated ones.

What is the weather of The Point, Salem, MA?

The Point has a humid continental climate, characterized by cold winters with average temperatures ranging from 20°F to 40°F and warm, humid summers with temperatures typically between 60°F and 80°F. Precipitation occurs year-round, with winter snowfall being common and summer storms possible.

How safe is The Point, Salem, MA?

The Point in Salem has reported a moderate crime rate, with property crimes being more common than violent crimes. Community efforts and neighborhood watch programs are in place to enhance safety. Overall, like many urban areas, it’s advisable for residents to stay aware of their surroundings.