Market Report
Salem, MA Housing Market
The median sale price is $666,638 (-4.8% year over year). Homes are selling in a median of 20 days.
Prices & Activity
Median Sale Price
$667K
-4.8% YoYDays on Market
20
-4 days YoYMonths of Supply
1.6
+0.4 mo YoYActive Inventory
16
-11.1% YoYSale-to-List
101.4%
+0.6 pts YoYSource: Redfin Data Center (through Jan 2026)
Median Sale Price — Salem, MA
Days on Market — Salem, MA
Growth & Supply
Population
813,054
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Essex County
Median Household Income
$102K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Essex County
Renter-Occupied Homes
36.5%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Essex County
Migration — Essex County
Avg income of movers (latest year): in $105K · out $100K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Essex County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)