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SALEM, MA 01970

Real Estate Market Report  ·  Essex County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
39
⇧ 50% vs 26 last year
Pending
3
8% pending ratio
Median Price
$629,900
⇩ 0.4% vs $632,400 last year
Average Price
$735,088
⇧ 9.6% vs $670,747 last year
Days on Market
45
⇧ 60.7% vs 28 days last year

Market Context

Population: 44,435  ·  Density: 2,081.5/mi²  ·  Median household income: $79,267

Typical home value: $464,136  ·  Homeownership: 50.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SALEM, MA real estate market (01970) currently shows 39 active listings, with 3 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 28 days last year.

The median listing price has fallen 0.4% year-over-year, from $632,400 to $629,900.

Whether you are buying or selling in SALEM, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 26 last year
  • Days on market: 45 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $629,900 (-0.4% YoY)
  • Average: $735,088 (+9.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.4 miles — 220 listings ($244,074,906 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01970Salem, MA 019700.0 mi39$28,668,432$629,900$735,088
01907Swampscott, MA 019072.6 mi20$18,085,060$639,950$904,253
01904Lynn, MA 019043.8 mi14$7,405,300$579,900$528,950
01901Lynn, MA 019014.2 mi4$1,525,900$379,000$381,475
01923Danvers, MA 019234.8 mi16$14,361,024$599,000$897,564
01908Nahant, MA 019086.0 mi5$19,110,000$3,995,000$3,822,000
01906Saugus, MA 019066.4 mi20$16,183,900$729,000$809,195
01982South Hamilton, MA 019828.2 mi7$8,986,719$924,950$1,283,817
01944Manchester, MA 019448.3 mi6$40,019,142$4,250,000$6,669,857
01949Middleton, MA 019498.6 mi13$17,735,380$1,139,950$1,364,260
02176Melrose, MA 021768.9 mi24$26,994,840$849,900$1,124,785
02152Winthrop, MA 0215210.2 mi33$24,694,593$564,450$748,321
01867Reading, MA 0186710.4 mi19$20,304,616$912,000$1,068,664

Frequently Asked Questions

How many homes are for sale in SALEM, MA 01970?

As of January 2026, there are 39 active listings in SALEM, MA (zip code 01970), compared to 26 the prior year.

What is the median home price in SALEM, MA 01970?

The median listing price in SALEM, MA 01970 is $629,900 as of January 2026, a 0.4% decrease from $632,400 the prior year.

How long do homes stay on the market in SALEM, MA?

Homes in SALEM, MA 01970 spend an average of 45 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in SALEM, MA 01970?

Based on current inventory and days-on-market data as of January 2026, SALEM, MA 01970 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 28 days last year.

How much can I save on real estate commission in SALEM, MA?

With SELL123.com's maximum 3% commission, sellers in SALEM, MA 01970 save an estimated $12,598 compared to a typical 5% commission on the median listing price of $629,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.