Brokers — List your Company Here
Featured local agent — New Salem, MA
Sarah Mitchell
Compass Real Estate · New Salem, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
New Salem, MA Housing Market
The typical home in New Salem, MA is worth $408,461, rose 4.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $352,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 74 days, New Salem is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $408,461 home is about $2,181/mo in principal and interest.
Key numbers for New Salem, MA
Typical home value
$408,461
+4.1% in 12 months
Zillow, August 2026
Median sale price
$352,000
Last published period
Redfin, through February 2026
Days on market
74
Slow-moving
Redfin, through February 2026
Active listings
1
1.0 months of supply
Redfin, through February 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Sale-to-list ratio
100.6%
Selling above asking
Redfin, through February 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is New Salem a buyer's or seller's market?
New Salem, MA is a seller's market, based on 1.0 months of supply and homes selling in about 74 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the New Salem housing market data show?
Every row below is Redfin's final published month for New Salem, MA. Redfin, through February 2026
| Metric | Value |
|---|---|
| Median sale price | $352,000 |
| Median price per sq ft | $301/sq ft |
| Median days on market | 74 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.6% |
| Homes sold (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for New Salem is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in New Salem is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have New Salem home prices moved?
Across the 21 months we hold for New Salem, MA, the median sale price rose 76.0%, from $200,000 in June 2021 to $352,000. The live Zillow value series has rose 4.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 100.6%. Watch those two together — they move before the median does.
Redfin, through February 2026 — the chart ends at Redfin's final published month.
Get New Salem market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in New Salem?
Priced off the typical home value of $408,461 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $81,692 | $326,769 | $2,181/mo |
| 5% | $20,423 | $388,038 | $2,589/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,181, that implies roughly $93,454 a year before you add taxes and insurance. We do not hold a Census income figure for New Salem, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in New Salem in the next 12 months?
Tell us your timeline. We send the New Salem market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in New Salem?
Zillow does not publish a rent index (ZORI) for New Salem, MA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in New Salem?
Active listings in New Salem, MA went from 2 in July 2021 to 1 in February 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| August 2021 | 2 | 1 |
| September 2021 | 1 | 1 |
| October 2022 | 2 | not published |
| August 2023 | 1 | not published |
| October 2023 | 1 | 1 |
| June 2024 | 1 | 1 |
| September 2024 | 2 | not published |
| November 2024 | 2 | not published |
| December 2024 | 1 | not published |
| January 2025 | 1 | not published |
| November 2025 | 1 | 1 |
| February 2026 | 1 | not published |
Redfin, through February 2026
How does New Salem compare to Massachusetts and the U.S.?
New Salem homes sell for $352,000 — 49% below the Massachusetts median of $688,100. Against the national median of $410,700, New Salem runs 14% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| New Salem, MA | $352,000 | not published | 74 days |
| Massachusetts statewide | $688,100 | +0.8% | 21 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in New Salem
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $409 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $408,461 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median New Salem listing goes under contract in 74 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.6% of asking. Price at the number you want and let competition do the rest.
- Your equity moved +4.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside New Salem varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in New Salem
There are currently 1 homes listed for sale in New Salem, Massachusetts.
Active listings
1
Homes on market
Avg. days on market
74
Days until sale
How much do homes cost in New Salem by property type?
How the New Salem, MA market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $352,000 | $301/sq ft | 1 | 74 days |
Which public schools serve New Salem?
1 schools tracked · 137 students
The largest public schools serving New Salem, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Swift River
Grades PK-6 · 137 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Salem, MA?
Ordered by distance from New Salem, not by size. Compare New Salem side by side with any of them.
New Salem housing market FAQ
Is New Salem a buyer's or seller's market?
New Salem, MA is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 74 days, and sellers getting 100.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in New Salem?
The typical home in New Salem, MA is worth $408,461 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $352,000, about $301 per square foot.
Is New Salem cheaper than the rest of Massachusetts?
New Salem's median sale price of $352,000 is 49% lower than the Massachusetts statewide median of $688,100, and 14% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in New Salem?
Homes in New Salem, MA spent a median of 74 days on market before going under contract, versus 21 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in New Salem?
At the current 30-year fixed rate of 7.03%, 20% down on a $408,461 home is about $2,181 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $93,454 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in New Salem?
The typical home value in New Salem, MA rose 4.1% over the last 12 months, from $392,217 to $408,461 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in New Salem?
New Salem ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in New Salem?
That depends on your timeline, not on a headline. What the data says today: New Salem, MA is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on New Salem, MA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching New Salem
Nearby markets
Get the New Salem market brief
Get the New Salem, MA market brief
One email: what homes are actually clearing at around $408,461, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.