Compare: Salem vs Massachusetts
Home Values in Salem and Massachusetts
|Zillow Home Value IndexWhat's this?||$288,200||vs||$314,700|
|Median List Price||$289,900||vs||$329,000|
|Median Sale Price||$262,500||vs||$306,800|
Salem, MA tends to be less expensive for home buyers than Massachusetts. During the last year, Salem home values have risen by 9.7%, while Massachusetts home values have risen by 7.3%. The median sale price in Salem is $262,500, but the median listing price was $289,900, a 9.5% discount. Meanwhile in Massachusetts, the median selling price is $306,800, and the starting price had a median of $329,000, a 6.7% discount.
Demographics in Salem and Massachusetts
|Median Household Income||$44,033||vs||$53,250|
|Homes with Kids||22.5%||vs||29.7%|
|Average Household Size||2.2||vs||2.5|
|Average Commute Time (Minutes)||28||vs||28|
At $53,250, the median income in Massachusetts is $9,217 more than in Salem, and $8,738 higher than the national average. Salem has an older median age, at 37, compared to 37 in Massachusetts, and the same average commute. The average commute in Massachusetts is 28 minutes and the average commute in Salem is 28 minutes.
Homes for Sale in Salem and Massachusetts
Salem vs Massachusetts