Salem, NH Housing Market & Real Estate

Strong seller's market-12.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Salem, NH is $560,000, down 12.4% year-over-year. Homes sell in an average of 23 days with 25 active listings. The market is currently a strong seller's market.

$560,000median sale price

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

Strong seller's market1.9 months of supply23 avg. days on market

Salem, NH is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 23 days. How we determine this →

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

Salem, NH market data

Current housing market statistics for Salem, NH
MetricValue
Median sale price$560,000
Median list price$589,450
Year-over-year price change-12.4%
Average days on market23 days
Active inventory25 listings
Months of supply1.9 months
Sale-to-list price ratio100.4%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

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

Homes for sale in Salem

There are currently 25 homes listed for sale in Salem, New Hampshire. The median listing price is $589K.

Active listings

25

Homes on market

Median list price

$589K

Avg. days on market

23

Days until sale

New this week

18

Newly listed

Price drops:32.0%of listings
Sale-to-list:100.4%

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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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