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Featured local agent — Salem, NH
Sarah Mitchell
Compass Real Estate · Salem, NH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Salem, NH Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $600,000 |
| Median list price | $669,900 |
| Year-over-year price change | +14.3% |
| Average days on market | 12 days |
| Active inventory | 54 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $401/sq ft |
| Homes sold (latest month) | 33 |
| New listings (latest month) | 47 |
| Listings with a price cut | 24.1% |
| Market condition | Strong 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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $648,750 | $335/sq ft | 18 | 10 days |
| Condo / Co-op | $378,695 | $445/sq ft | 15 | 29 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
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
Woodbury School
Grades 6-8 · 772 students
William T. Barron Elementary School
Grades K-5 · 373 students
North Salem Elementary School
Grades K-5 · 363 students
William E. Lancaster School
Grades K-5 · 298 students
Dr. L. F. Soule School
Grades K-5 · 264 students
Mary A. Fisk Elementary School
Grades K-5 · 247 students
The Birches Academy of Academics - Art A Public Charter Sch
Grades K-8 · 235 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 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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