HeaderIcon
HELLOCONDO BUYER'S BRIEF

Condos in Derby StreetWaterfront District Salem, MA

Modify SearchLeft Arrow
Add to favorites
Save Search
Star IconWhat to know
  • The largest age group in the Derby Street/Waterfront District comprises individuals aged 35 to 39 who earn up to $62,437 annually.
  • This demographic is particularly attractive for young professionals and families seeking a vibrant community.

Market Overview

AVG. DAYS ON MARKET
76
Trending Up49.15% year over year
AVG. SOLD PRICE
$579,605
Trending Up29.74% year over year

People Also Searched For

Frequently Asked Questions About Salem, MA

What is it like to live in Derby Street/Waterfront District, Salem, MA?

Living in the Derby Street/Waterfront District offers a unique coastal lifestyle with proximity to historic sites, restaurants, and waterfront activities. The area features a mix of residential options, including apartments and condos, along with vibrant public spaces. Residents enjoy easy access to Salem's rich maritime history and cultural attractions.

Is Derby Street/Waterfront District, Salem, MA expensive?

The Derby Street/Waterfront District in Salem, MA, tends to have a higher cost of living compared to other areas in the city, reflecting its waterfront views and proximity to attractions. Rental prices and property values are typically above the Salem average due to its desirable location and amenities.

What is the weather of Derby Street/Waterfront District, Salem, MA?

Derby Street/Waterfront District experiences a humid continental climate, characterized by cold winters and warm, humid summers. Average winter temperatures can drop to the low 30s°F, while summer highs typically reach the mid-80s°F. Precipitation is distributed fairly evenly throughout the year, with occasional snowfall in winter.

How safe is Derby Street/Waterfront District, Salem, MA?

The Derby Street/Waterfront District in Salem has a relatively low crime rate compared to other urban areas, contributing to a sense of safety for residents and visitors. Local law enforcement actively patrols the area, and community initiatives promote public safety.