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Featured local agent — Salem, NH

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Salem, NH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Salem, NH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Salem, NH Housing Market & Real Estate

Strong seller's market+14.3% YoY

Housing market overview · Updated monthly ·

$600,000median sale price

How is the Salem, NH housing market right now?

The median home sale price in Salem, NH is $600,000, up 14.3% year-over-year. Homes sell in an average of 12 days with 54 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Strong seller's market1.6 months of supply12 avg. days on market

Salem, NH is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 12 days. How we determine this →

Homes sold

33

Last 12 weeks

Days on market

12

Fast-moving

Active listings

54

1.6 months supply

Sale-to-list

101.0%

Above asking

What does the Salem housing market data show?

Current housing market statistics for Salem, NH
MetricValue
Median sale price$600,000
Median list price$669,900
Year-over-year price change+14.3%
Average days on market12 days
Active inventory54 listings
Months of supply1.6 months
Sale-to-list price ratio101.0%
Median price per sq ft$401/sq ft
Homes sold (latest month)33
New listings (latest month)47
Listings with a price cut24.1%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Salem by property type?

How the Salem, NH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Salem, NH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$648,750$335/sq ft1810 days
Condo / Co-op$378,695$445/sq ft1529 days

Source: Redfin · Updated monthly

The Salem housing market is currently classified as a strong seller's market with a median sale price of $600,000. Prices have risen 14.3% compared to last year, with homes spending an average of 12 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Salem

There are currently 54 homes listed for sale in Salem, New Hampshire. The median listing price is $670K.

Active listings

54

Homes on market

Median list price

$670K

Avg. days on market

12

Days until sale

New this week

47

Newly listed

Price drops:24.1%of listings
Sale-to-list:101.0%

What are homes worth in Salem?

Zillow home value

$619,218

Zillow rent index

$2,591/mo

Price-to-rent ratio

19.9x

Source: Zillow Research

Which public schools serve Salem?

10 schools tracked · 3,912 students

The largest public schools serving Salem, NH 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.

Salem High School

Grades 9-12 · 1,114 students

Public

Woodbury School

Grades 6-8 · 772 students

Public

William T. Barron Elementary School

Grades K-5 · 373 students

Public

North Salem Elementary School

Grades K-5 · 363 students

Public

William E. Lancaster School

Grades K-5 · 298 students

Public

Dr. L. F. Soule School

Grades K-5 · 264 students

Public

Mary A. Fisk Elementary School

Grades K-5 · 247 students

Public

The Birches Academy of Academics - Art A Public Charter Sch

Grades K-8 · 235 students

Charter

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 Salem, NH?

Want a head-to-head view? Compare Salem side-by-side with any other U.S. city using our market-comparison tool.

Is Salem a good real estate investment market?

For investors evaluating Salem, the price-to-rent ratio of 19.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 14.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Salem's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Salem's median home price.

Frequently asked questions

What is the average home price in Salem?

The median home sale price in Salem is $600,000, up 14.3% from last year.

How long do homes stay on market in Salem?

Homes typically spend 12 days on market before going under contract.

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

With 1.6 months of supply, Salem is currently a strong seller's market.

What is the Zillow home value estimate for Salem?

The Zillow Home Value Index (ZHVI) for Salem is $619,218, representing the typical home value in the area.

What is the median condo price in Salem?

The median condo/co-op sale price in Salem, NH is $378,695, compared to $648,750 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Salem?

The median single-family home price in Salem, NH is $648,750 (about $335 per square foot).

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