Question 1

How competitive is the housing market in Salem (01970)?

Accepted Answer

The Salem (01970) (01970) in Salem, MA housing market has a competitiveness index of 48 out of 100, making it a moderately competitive market for buyers. This score is based on days on market, overbidding trends, and inventory levels.

Question 2

How much should I bid on a home in Salem (01970)?

Accepted Answer

Homes in Salem (01970) (01970) in Salem, MA sell for an average of 0.3% below asking price. Offers near asking price are typical in this area.

Question 3

How fast do homes sell in Salem (01970)?

Accepted Answer

The median days on market in Salem (01970) (01970) in Salem, MA is 23 days. Homes sell relatively quickly, so buyers should be prepared to make timely offers.

Question 4

What is the median home price in Salem (01970)?

Accepted Answer

The median sale price in Salem (01970) (01970) in Salem, MA is $634,750. The median price per square foot is $378. This is based on 74 recent home sales.