Salem, NH

Strong seller's market-12.4% YoY

Housing market overview · Updated weekly

$560,000median sale price

Homes sold

13

Last 12 weeks

Days on market

23

Average pace

Active listings

25

1.9 months supply

Sale-to-list

100.4%

Above asking

The Salem housing market is currently classified as a strong seller's market with a median sale price of $560,000. Prices have fallen 12.4% compared to last year, with homes spending an average of 23 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Salem?

The median home sale price in Salem is $560,000, down 12.4% from last year.

How long do homes stay on market in Salem?

Homes typically spend 23 days on market before going under contract.

Is Salem a buyer's or seller's market?

With 1.9 months of supply, Salem is currently a strong seller's market.

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