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Salem, MA Real Estate

Salem, Massachusetts is located in Essex County. Nearby cities and towns include Marblehead, Swampscott, Peabody, Beverly, Lynn, Danvers, Nahant, Saugus, Lynnfield, Revere, Wakefield, Melrose, Topsfield, Malden, Essex, Winthrop Town, Stoneham, Chelsea, Reading, Everett, Boxford, Ipswich, Medford, Gloucester, Woburn, Winchester, Somerville, Wilmington, Rowley, Cambridge, Arlington, Burlington, Hull, Andover, Belmont, Boston, Rockport, Pinehurst, Watertown Town, Lexington, Brookline, Lawrence, Hingham, Quincy, Waltham, Newton, Newburyport, Haverhill, Milton, Methuen Town, Weymouth Town, North Scituate, Braintree Town, Salisbury, Lowell, Dedham, Amesbury Town, Needham, Scituate, Randolph, and Wellesley. Salem is a suburban community with a population of 41,703. The median household income is $59,201. In Salem, 39% of residents are married, and families with children reside in 28% of the households. Half the population of Salem commutes 21 minutes or less to work, with 73% of residents holding white collar jobs and 27% residents holding blue collar jobs. The median age of homes in Salem, MA is 63 years, with 46% of those homes owned, 48% rented, and 6% not occupied. In the previous year, 781 Salem properties were sold. The median sale price of a home in Salem in the previous year was $252,811.

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About Schools in Salem, MA

Salem offers a range of educational opportunities with 8 elementary schools, 4 middle schools and 3 high schools.

Contact a Coldwell Banker® real estate agent to learn more about the schools and school districts in Salem, MA.


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Salem, MA Local Market & Demographic Data

Married vs. single

Salem, MA
  • 61% Single
  • 39% Married
  • 52% Single
  • 48% Married

Male VS. Female

Salem, MA
  • 54% Female
  • 46% Male
  • 52% Female
  • 48% Male

Average Age of Citizens in Salem, MA

  • 39
  • 40
  • Salem, MA
  • Massachusetts

Average Age of Homes in Salem, MA

  • 63
  • 44
  • Salem, MA
  • Massachusetts

Vacant Homes in Salem, MA

  • 6%
  • 9%
  • Salem, MA
  • Massachusetts

Average INCOME of Citizens

  • $65,034
  • $87,810
  • Salem, MA
  • Massachusetts

Owned Homes vs. Rented Homes

Salem, MA
  • 46% Owned
  • 48% Rented
  • 55% Owned
  • 36% Rented