Cheap homes for sale & real estate in Salem, MA

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ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Welcome to 39 1/2 Harbor Street Unit 1 -- a charming first-floor condo in the heart of historic Salem! Whether you’re looking for your own home or an investment, this spacious two-bedroom unit offers incredible opportunity and value. The open, light-filled layout features hardwood floors, high ceilings, and a kitchen with granite countertops, stainless steel appliances, ample cabinetry, and in-unit laundry. The second bedroom showcases exposed brick, adding warmth and character to the space. Enjoy generous closet space, additional basement storage, and the convenience of a pet-friendly building. With Pickering Wharf, downtown shops, restaurants, public transportation and the Waterfro

$369,900

2 beds1 bath933 sq ft

39 1/2 Harbor St #1, Salem, MA 01970

First-floor condo • Exposed brick • In-unit laundry

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
THE SWEET SPOT WITH PARKING!!!! PRICE CORRECTION! Perfectly located between bustling DERBY ST and HISTORIC SALEM COMMON. This 2nd floor walk-up welcomes you with a gracious (23 x 18) deck perfect for entertaining, outdoor living and GARDENING. 69 ESSEX has a birds eye view of the Historical Park Land of the Derby House located right next door, Inside, you will be welcomed by an eat in kitchen with granite counters & stainless appliances. Chic renovated bath with tile shower. Extra large primary bedroom (also has its own deck) offers room for home office as well or 2nd bedroom could double as office/guest room. Spacious living room offers plenty of space for sectional sofa &

$449,999

2 beds1 bath1,025 sq ft

69 Essex #2, Salem, MA 01970

Walk up attic • Eat in kitchen • Natural light

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Ideally located Salem 2 bed, 1 bath first floor unit w/ private laundry 1 mile from downtown Salem restaurants, attractions and Commuter Rail. Less than 1 mile to waterfront Forest River park with rocky beaches, huge public saltwater pool and sporting amenities. This spacious home is 1 house away from the harbor with beautiful water views from your front porch. Small common outdoor area with porch in the back for BBQ and lounging. Located on a dead end st off another dead end st, you'll escape the Salem crowds but enjoy easy access to all the area has to offer including groceries, schools (including Salem State Univ), busses, train, etc. Pet friendly association. Dive into all the famous Sa

$389,900

2 beds1 bath885 sq ft

9 Glover St #1, Salem, MA 01970

Common outdoor area • Water views • Private laundry

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Newly Priced in one of Salem's Prettiest Neighborhoods! Light, bright and airy condo in exceptional location just steps to the water and close to the MBTA Commuter Rail, making it easy for trips to Boston or points North. This quiet top floor unit has gorgeous hardwood floors, a freshly painted interior, and a kitchen with granite countertops and stainless appliances. Enjoy a spacious primary bedroom, plus an additional room that offers seasonal water views—ideal for a home office, den, or guest room. The backyard is a welcoming place to relax or entertain friends and family. With deep closets, a generous kitchen pantry, and plenty of extra basement space, you’ll have all the s

$415,000

2 beds1 bath805 sq ft

5 Larchmont Rd #3, Salem, MA 01970

Deep closets • Stainless appliances • Granite countertops

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Experience the best of downtown living in this top-floor condo, ideally situated in the heart of Salem. Step outside your door to enjoy local restaurants, lively pubs, unique shops, and world-renowned museums—all just moments away. The commuter rail is close by, offering easy access to Boston. Inside, sunlight pours through the large bay window, reflecting off the beautiful maple hardwood floors. The kitchen features stone counters, gas cooking, and direct access to a shared covered deck with dynamic city views. The bedroom is comfortable and thoughtfully sized. This unit has in-unit laundry, a rare convenience in the building, along with shared facilities. 5 common parking spots on t

$315,000

1 bed1 bath483 sq ft

15 Lynde St #26, Salem, MA 01970

Gas cooking • Large bay window • Shared covered deck

Property at 128 Boston St #4, Salem, MA 01970, 1 bed, 1 bath

$332,000

1 bed1 bath547 sq ft

128 Boston St #4, Salem, MA 01970

Property at 24 Wisteria St #2, Salem, MA 01970, 2 beds, 1 bath

$399,900

2 beds1 bath970 sq ft

24 Wisteria St #2, Salem, MA 01970

Property at 16 Leavitt St #2, Salem, MA 01970, 3 beds, 1 bath

$374,900

3 beds1 bath919 sq ft

16 Leavitt St #2, Salem, MA 01970

Property at 0 Lot 61 Map 10, Salem, MA 01970

$239,000

— beds— baths— sq ft

0 Lot 61 Map 10, Salem, MA 01970

Property at 0 Lot 41 Map 10, Salem, MA 01970

$259,000

— beds— baths— sq ft

0 Lot 41 Map 10, Salem, MA 01970

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NEW 24 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
New to market is this well maintained mobile home in the highly desirable Pine Grove Park off of Route 1 North in Peabody! This unit has a bright and airy living room/kitchen area and is open to an 18x8ft addition previously used as a family room. This unit has 2 bedrooms with adequate storage space and 1.5 bathrooms. Stainless kitchen appliances all replaced in 2022. Unit features propane stove & dryer, oil heat with oil tank replaced in September 2024. Private parking for 4 cars with a small yard and private storage shed at the rear of the property. Park rent is only $299.45 monthly which includes taxes, water & sewer, garbage removal, snow removal and common area maintenance.

$169,900

2 beds1.5 baths900 sq ft

261 Newbury Unit 33B, Peabody, MA 01960

Propane stove • 18x8ft addition • Private storage shed

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Welcome home to Unit 2 at 13 Giles Ave! This bright and inviting second-floor condo welcomes you with a sun-filled living room featuring hardwood floors. The eat-in kitchen offers warm wood cabinetry, a gas stove, and refrigerator. Two well-proportioned bedrooms—one with dual closets—also feature hardwood floors and sit conveniently off the kitchen. A full bath completes the layout. This turnkey unit has been freshly painted and includes two off-street parking spaces, as well as access to a large shared backyard. The low condo fee includes heat and hot water, adding to its exceptional value. Ideally situated between Bridge and Elliot Streets, this location is just one mile from

$349,900

2 beds1 bath657 sq ft

13 Giles Ave #2, Beverly, MA 01915

Warm wood cabinetry • Eat in kitchen • Gas stove

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Discover the charm of living in a historic building! This cozy 2-bedroom, 1-bath condo at 4 Elm Street, the former home of The Pepper Family of the once flourishing and famous Pepper Candy Company adds a sweet touch of local heritage. Offering comfortable, efficient living, this unit is perfect for first-time buyers, or anyone seeking a low-maintenance home in a convenient Peabody location. The building was converted to condominiums in 2005, giving you the benefit of modern updates while still retaining its classic New England character. Inside, enjoy a bright living area, a functional kitchen, two well-sized bedrooms, and a full bath—all designed to make the most of the space. Move-i

$315,000

2 beds1 bath684 sq ft

4 Elm St #3, Peabody, MA 01960

Functional kitchen • Bright living area • Modern updates

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
RARELY AVAILABLE AT PONDVIEW CONDOMINIUMS! Discover this beautiful two-level townhouse overlooking Floating Bridge Pond! This spacious home features 2 large bedrooms & 1.5 baths, perfectly designed for comfort and convenience. The 1st level showcases stunning hardwood floors, a bright open-concept living & dining area & sliding doors that lead to a private porch—ideal for relaxing w/ scenic pond views. The galley kitchen has stainless steel appliances, ample cabinetry, & convenient half bath plus extra storage closets. Upstairs, you’ll find 2 generous bedrooms, each with large closets & beautiful water views, along with a full bathroom & in-uni

$324,999

2 beds1.5 baths962 sq ft

605 Eastern Ave #211, Lynn, MA 01902

Two level townhouse • Private porch • Open concept living

ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Just listed at Wyoma Village Condominium, This unit has been beautifully renovated, kitchen with lots of counter space, tile floor, & Stainless steel appliances, Dining area flows into living room, good size bedroom with double closets plus an extra room being used as a second bedroom with Balcony, Deeded parking spot #13. Laundry and storage in the lower level, Great location with easy access to restaurants and shopping. Seller has replaced Windows and Slider, Association updated hot water tank, rugs in hallways & front steps have all been updated.

$297,900

1 bed1 bath680 sq ft

358 Broadway #13, Lynn, MA 01904

Double closets • Balcony • Deeded parking spot

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ABOUT THIS HOME
Cheap Home for sale in Salem, MA:
Begin your new chapter with ease: the seller is offering six months of covered condo fees, allowing you to settle in and savor the lifestyle you deserve—carefree, comfortable, and entirely yours from day one. Open-concept layout that effortlessly combines the living and dining areas. Afternoon sun fills the space and creates magical and cozy ambiance for quiet unwinding at the end of the day. The kitchen features ample cabinet space, an electric range, and a cozy breakfast nook for casual dining. The primary bedroom offers generous closet space and large windows. The second bedroom is perfect as a guest room, home office, or additional sleeping space. A full bathroom with a tub and a

$389,900

2 beds1 bath953 sq ft

111 Foster Unit 416, Peabody, MA 01960

Cozy breakfast nook • Large windows • Ample cabinet space

Property at 80 Norfolk Ave #1, Swampscott, MA 01907, 3 beds, 1 bath

$449,900

3 beds1 bath1,200 sq ft

80 Norfolk Ave #1, Swampscott, MA 01907

Property at 7 Ledgewood Way #11, Peabody, MA 01960, 2 beds, 2 baths

$449,900

2 beds2 baths1,301 sq ft

7 Ledgewood Way #11, Peabody, MA 01960

Property at 111 Foster St #401, Peabody, MA 01960, 2 beds, 1 bath

$349,000

2 beds1 bath714 sq ft

111 Foster St #401, Peabody, MA 01960

Property at 248 Essex St, Lynn, MA 01902, 1 bed, 1 bath

$319,900

1 bed1 bath540 sq ft

248 Essex St, Lynn, MA 01902

Property at 8 Franklin St #19, Marblehead, MA 01945, 1 bed, 1 bath

$279,900

1 bed1 bath430 sq ft

8 Franklin St #19, Marblehead, MA 01945

Property at 26 Groveland St, Lynn, MA 01902, 3 beds, 2 baths

$430,000

3 beds2 baths1,167 sq ft

26 Groveland St, Lynn, MA 01902

Property at 30 Clifton Ave, Lynn, MA 01902, 3 beds, 1 bath

$449,900

3 beds1 bath830 sq ft

30 Clifton Ave, Lynn, MA 01902

Property at 100 Magnolia Ave #4, Lynn, MA 01904, 1 bed, 1 bath

$259,000

1 bed1 bath433 sq ft

100 Magnolia Ave #4, Lynn, MA 01904

Property at 33-A Jackson St #303, Lynn, MA 01902, 2 beds, 1 bath

$324,999

2 beds1 bath844 sq ft

33-A Jackson St #303, Lynn, MA 01902

Property at 38 High #4, Danvers, MA 01923, 3 beds, 1 bath

$440,000

3 beds1 bath1,040 sq ft

38 High #4, Danvers, MA 01923

Property at 1 Green St #2, Marblehead, MA 01945, 1 bed, 1 bath

$318,000

1 bed1 bath611 sq ft

1 Green St #2, Marblehead, MA 01945

Property at 100 Magnolia Ave #5, Lynn, MA 01904, 1 bed, 1 bath

$275,000

1 bed1 bath687 sq ft

100 Magnolia Ave #5, Lynn, MA 01904

Property at 70 Chase, Beverly, MA 01915, 2 beds, 1 bath

$449,900

2 beds1 bath810 sq ft

70 Chase, Beverly, MA 01915

Property at 5 Beckford St #3, Beverly, MA 01915, 1 bed, 1 bath

$350,000

1 bed1 bath735 sq ft

5 Beckford St #3, Beverly, MA 01915

Cheap Homes for Sale in Salem

There are currently 10 cheap homes for sale in Salem at a median listing price of $590K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Salem stay on the market for 42 days and receive 6 offers. Popular neighborhoods include Beverly Cove, Downtown Salem, Beverly Farms, Clifton, and South Salem. This map is refreshed with the newest listings in Salem every 15 minutes.

In the past month, 50 homes have been sold in Salem. In addition to houses in Salem, there were also 42 condos, 25 townhouses, and 9 multi-family units for sale in Salem last month. Salem is a fairly walkable city in Massachusetts with a Walk Score of 70. Salem is home to approximately 41,394 people. Find your dream home in Salem using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Salem are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Salem. Our Salem real estate stats and trends will give you more information about home buying and selling trends in Salem. If you're looking to sell your home in the Salem area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Salem with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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