Real Estate Data > US real estate data > Massachusetts > Essex County > Salem > 01970

Salem, MA 01970 Real Estate & Property Data

Salem, MA 01970 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 591 residential properties have been sold over the past 12 months in 01970. With a median sales price of $675,000 in 01970 and a total of 2 foreclosures in Salem, MA 01970. Discover market trends and get the granular level real estate data for Salem, MA 01970 to keep your pulse on the housing market. Curate compelling home reports for Salem, MA 01970 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Salem, MA 01970 Real Estate Market Trends

Get property data for any address in Salem, MA 01970 or the country:

Total Residential Properties 11,610

Total Commercial Properties 868

Avg. Home Age (Single Family Home) 67 Years

Avg. Square Feet (Single Family Home) 1,795

Total 2024 Residential Sales (year-to-date) 74

% of Homes Seriously Underwater (Q2 2024) 0.57%

Total 2023 Residential Sales 556

% of Equity Rich Homes (Q2 2024) 48.62%

Effective 2023 Property Tax 1.04%

Total Foreclosure Filings (year-to-date) 7

Salem, MA 01970 Real Estate Overview

There were 591 residential properties sold in the past year in Salem, MA 01970. The median home value in Salem, MA 01970 is $559,300. There are a total of 11,610 residential properties in the 01970.

Median Sales Price i

$675,000

(Feb 2024)

+14.7%

year-over-year

y-o-y

February '24 Feb '24 $675,000
January '24 Jan '24 $562,500
December '23 Dec '23 $535,000
November '23 Nov '23 $746,250
October '23 Oct '23 $746,250
September '23 Sep '23 $555,000
August '23 Aug '23 $710,000
July '23 Jul '23 $579,500
June '23 Jun '23 $625,000
May '23 May '23 $567,500
April '23 Apr '23 $574,900
March '23 Mar '23 $579,000

Median Down Payment i

$95,000

(Feb 2024)

+10.7%

year-over-year

y-o-y

February '24 Feb '24 $95,000
January '24 Jan '24 $77,875
December '23 Dec '23 $86,450
November '23 Nov '23 $135,280
October '23 Oct '23 $155,000
September '23 Sep '23 $132,990
August '23 Aug '23 $125,000
July '23 Jul '23 $74,509
June '23 Jun '23 $81,500
May '23 May '23 $83,250
April '23 Apr '23 $58,000
March '23 Mar '23 $57,900

Number of Homes Sold i

46

(Feb 2024)

+48.4%

year-over-year

y-o-y

February '24 Feb '24 46
January '24 Jan '24 28
December '23 Dec '23 51
November '23 Nov '23 49
October '23 Oct '23 51
September '23 Sep '23 42
August '23 Aug '23 54
July '23 Jul '23 44
June '23 Jun '23 52
May '23 May '23 66
April '23 Apr '23 35
March '23 Mar '23 42

Number of Purchase Loans i

17

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 17
December '23 Dec '23 22
November '23 Nov '23 27
October '23 Oct '23 29
September '23 Sep '23 24
August '23 Aug '23 37
July '23 Jul '23 32
June '23 Jun '23 44
May '23 May '23 39
April '23 Apr '23 21
March '23 Mar '23 29

Number of REFI Loans i

17

(Feb 2024)

+183.3%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 24
December '23 Dec '23 44
November '23 Nov '23 14
October '23 Oct '23 14
September '23 Sep '23 23
August '23 Aug '23 17
July '23 Jul '23 9
June '23 Jun '23 22
May '23 May '23 20
April '23 Apr '23 11
March '23 Mar '23 18

Number of HELOC Loans i

7

(Feb 2024)

-36.4%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 7
December '23 Dec '23 10
November '23 Nov '23 15
October '23 Oct '23 15
September '23 Sep '23 7
August '23 Aug '23 14
July '23 Jul '23 11
June '23 Jun '23 7
May '23 May '23 9
April '23 Apr '23 4
March '23 Mar '23 17

Salem, MA 01970 Real Estate Market Overview

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Salem, MA 01970 Foreclosure Activity

There were a total of 2 Salem, MA 01970 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 5
December '23 Dec '23 1
November '23 Nov '23 4
October '23 Oct '23 N/A
September '23 Sep '23 4
August '23 Aug '23 4
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 3
April '23 Apr '23 N/A
March '23 Mar '23 4

Foreclosure Starts i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 4
August '23 Aug '23 4
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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