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Downtown Salem Homes for Sale

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  • 16 Phelps St Unit 16-1, Salem, MA 01970
    16 Phelps St Unit 16-1, Salem, MA 01970
    16 Phelps St Unit 16-1, Salem, MA 01970
    /23

    $509,000

    • 2 Beds
    • 2 Baths
    • 860 Sq Ft

    16 Phelps St Unit 16-1, Salem, MA 01970

    Tucked on the edge of the highly desirable McIntire Historic District, one of Salem’s most picturesque neighborhoods, this beautifully renovated condominium is set on a peaceful dead-end street. Completely updated in 2021, the thoughtfully designed interior features an updated kitchen, two bedrooms, two full baths, including a private primary bath and in-unit laundry. Contemporary finishes in

    Kathy Culkin Coldwell Banker Realty - Marblehead

    16 Phelps St Unit 16-1, Salem, MA 01970
  • 145 Federal St Unit 3, Salem, MA 01970
    145 Federal St Unit 3, Salem, MA 01970
    145 Federal St Unit 3, Salem, MA 01970
    /30

    $599,999

    • 2 Beds
    • 1.5 Baths
    • 1,205 Sq Ft

    145 Federal St Unit 3, Salem, MA 01970

    Welcome home to this beautifully designed 2-bed, 1.5-bath townhouse nestled on a picturesque, tree-lined street in the historic McIntire District of downtown Salem. With approximately 1,205 sq ft of thoughtfully laid-out space, this top-floor, two-level residence blends classic architecture with modern amenities. The bright, open living area has large windows, hardwood floors, and a cozy

    Michael Malkin Redfin Corp.

    145 Federal St Unit 3, Salem, MA 01970
  • 289 Essex St Unit 308, Salem, MA 01970
    289 Essex St Unit 308, Salem, MA 01970
    289 Essex St Unit 308, Salem, MA 01970
    /20

    $435,000

    • 1 Bed
    • 1 Bath
    • 722 Sq Ft

    289 Essex St Unit 308, Salem, MA 01970

    Live in the center of it all! Sunny Third Floor condo in the heart of Downtown Salem with Deeded Garage Parking, Storage & Elevator. Enjoy views of Crombie & Essex St from its picture window featuring; Sedona Maple wood floors, Maple cabinets, Granite, NEW SS appliances & central A/C. EV charging stations are right outside, along with additional parking. Stroll to Restaurants, Shops, Parks,

    Karen Ferro StartPoint Realty

    289 Essex St Unit 308, Salem, MA 01970
  • 129 Essex St Unit 8, Salem, MA 01970
    129 Essex St Unit 8, Salem, MA 01970
    129 Essex St Unit 8, Salem, MA 01970
    /38

    $739,900

    • 2 Beds
    • 1.5 Baths
    • 1,242 Sq Ft

    129 Essex St Unit 8, Salem, MA 01970

    Located in the heart of downtown Salem, this renovated Samuel McIntire penthouse is full of historic character in a PRIME location. The bright living area features soaring ceilings, oversized windows, & hardwood floors that fill the space with natural light & create an open, inviting feel. The updated kitchen offers granite countertops, stainless steel appliances, sleek cabinetry, & a tile

    Laura Cohron Fiv Realty Co.

    129 Essex St Unit 8, Salem, MA 01970
Massachusetts Essex County Salem Downtown Salem

Real Estate & Homes for Sale in Downtown Salem, Salem

Why Live in Downtown Salem
Downtown Salem offers a mix of multiunit and multiuse buildings, often with the residential portion above ground-level storefronts. Some date back to the 1980s and '90s, while others, from the 1800s and early 1900s, were later converted into condos or apartments. Newer developments have emerged near the river and train station. Residents enjoy easy access to green spaces, including Salem Common, which features paved walkways, a basketball court and a playground. Winter Island Park has boat ramps and Waikiki Beach. The Salem YMCA provides additional recreational facilities. Dining options are abundant, with popular spots like Ledger, O'Neill's Pub & Restaurant, and All Souls Lounge, alongside numerous boutiques and stores with magical themes. Stop & Shop and Market Basket are grocery stores within a couple of miles. Cultural attractions include the Peabody Essex Museum and the historic city hall. Events include Salem's So Sweet Chocolate and Ice Sculpture Festival. The neighborhood is highly walkable, with some streets closed to cars, particularly during the tourist season. Massachusetts Bay Transportation Authority (MBTA) commuter rail is available from the Salem Station. A trip to Boston's North Station takes about half an hour. Salem Hospital is less than a mile from the neighborhood, and Boston Logan International Airport is about 16 miles away.
Learn more about living in Downtown Salem

Frequently Asked Questions

Is Downtown Salem a good place to live?
Downtown Salem is a good place to live. Downtown Salem is considered very walkable and bikeable with good transit options. Downtown Salem is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Downtown Salem has 4 parks for recreational activities. It has a median age of 42. The average household income is $127,362 which is above the national average. College graduates make up 66.6% of residents. A majority of residents in Downtown Salem are renters, with 58.1% of residents renting and 41.9% of residents owning their home. A local real estate agent serving Downtown Salem can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Salem neighborhood guide.
Is Downtown Salem, MA a safe neighborhood?
Downtown Salem, MA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Downtown Salem?
The median home price in Downtown Salem is $573,500. If you put a 20% down payment of $114,700 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $2,890 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $124K a year to afford the median home price in Downtown Salem. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Salem is $127K.
What are the best public schools in Downtown Salem?
The best public schools that serve Downtown Salem are:
What are the best private schools in Downtown Salem?
The best private schools that serve Downtown Salem are:
What are the most popular zip codes in Downtown Salem, Salem, MA?
The most popular zip codes in Downtown Salem, Salem, MA include 01970, 01960, 01945, 01915 and 01907.
What are the most popular neighborhoods near Downtown Salem, Salem, MA?
The most popular neighborhoods near Downtown Salem, Salem, MA are South Salem, The Point, North Salem, Peabody Town Center and Ryal Side.

Home Trends in Downtown Salem, MA

On average, homes in Downtown Salem, Salem sell after 29 days on the market compared to the national average of 55 days. The median sale price for homes in Downtown Salem, Salem over the last 12 months is $565,000, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$565,000
Median Single Family Sale Price
$999,000
Median Townhouse Sale Price
$729,000
Median 2 Bedroom Sale Price
$537,000
Median 1 Bedroom Sale Price
$410,000
Average Price Per Sq Ft
$458
Number of Homes for Sale
4
Last 12 months Home Sales
70
Months of Supply
0.70
Median List Price
$573,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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