Salem housing market report, October 2026
Buyers in Salem signed 39% more deals than a year earlier.
- 35
- homes sold in October (45 a year earlier)
- 18 days
- typical time to an accepted offer
- 40%
- sold for the first asking price or more
35 homes sold in Salem in October, down from 45 a year earlier. The typical sale price was $545K, or $386 a square foot. Per square foot, which evens out the size of the homes that sold, prices were 4% lower than a year earlier.
The typical home had an accepted offer in 18 days. 40% sold for the first asking price or more, against 33% a year earlier.
Across Greater Boston, 43% of homes sold for the asking price or more, about the same as in Salem.
By type of homeOctober, with a year earlier
| Type | Sold | Typical price | Per sq ft | Days to offer | At or above asking |
|---|---|---|---|---|---|
| Single-family homes | 17 (14) | $750K | $385 | 8 (39) | 53% (21%) |
| Condos | 17 (30) | $499K | $416 | 33 (8) | 29% (40%) |
| Multi-family homes | 1 (1) | – | – | – | – |
A year earlier in brackets. Typical means the middle sale: half sold for more, half for less. Monthly prices move with the mix of homes that sell, so small changes mean little; we compare prices per square foot, and only when 20 or more homes sold in both months.
Salem sales in October were 22% below a year earlier
Homes sold each month, Oct 2025 to Oct 2026
Show the numbers
| Month | Homes sold |
|---|---|
| Oct 2025 | 45 |
| Nov 2025 | 38 |
| Dec 2025 | 31 |
| Jan 2026 | 23 |
| Feb 2026 | 22 |
| Mar 2026 | 36 |
| Apr 2026 | 32 |
| May 2026 | 38 |
| Jun 2026 | 59 |
| Jul 2026 | 52 |
| Aug 2026 | 40 |
| Sep 2026 | 48 |
| Oct 2026 | 35 |
What buyers paid against the first asking price in Salem
Typical sale price as a share of the first asking price, by month. The line at 100% is full price.
Show the numbers
| Month | Sale ÷ first asking |
|---|---|
| Oct 2025 | 97.6% |
| Nov 2025 | 96.1% |
| Dec 2025 | 97.1% |
| Jan 2026 | 100.0% |
| Feb 2026 | 93.5% |
| Mar 2026 | 100.0% |
| Apr 2026 | 99.0% |
| May 2026 | 100.0% |
| Jun 2026 | 100.2% |
| Jul 2026 | 100.0% |
| Aug 2026 | 99.4% |
| Sep 2026 | 98.7% |
| Oct 2026 | 98.5% |
More
Quote this report
Boston Real Estate Observer, "Salem housing market report, October 2026," published November 11, 2026, https://bostonrealestateobserver.com/reports/salem/2026-10/.
Homes are single-family, condo and multi-family sales, not rentals, counted in the month they closed. Days to an accepted offer run from listing to accepted offer. Figures were frozen on November 11, 2026 and won't change; the live page has today's numbers. Source: verified market data; analysis by the Boston Real Estate Observer.