The Salem Neck housing market is most competitive. The median sale price of a home in Salem Neck was $546K last month, up 0.2% since last year. The median sale price per square foot in Salem Neck is $503, up 35.2% since last year.
What is the housing market like in Salem Neck today?
In March 2024, Salem Neck home prices were up 0.2% compared to last year, selling for a median price of $546K. On average, homes in Salem Neck sell after 18 days on the market compared to 32 days last year. There were 21 homes sold in March this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$546,000
+0.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Salem Neck, MA
$546,000
+0.2%
United States
To compare other locations to the Salem Neck and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salem add value to a home.
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How hot is the Salem Neck housing market?
Salem Neck is most competitive. Homes sell in 18 days.
0
100
90
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 18 days.
Hot homes
can sell for about 6% above list price and go pending in around 9 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Salem Neck housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salem Neck.
Risk Factor
Flood Factor - Severe
51% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salem Neck has a severe risk of flooding. 591 properties in Salem Neck are likely to be
severely affected
by flooding over the next 30 years. This represents 51% of all properties in Salem Neck. Flood risk is increasing faster than the national average.
51% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Salem Neck has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salem Neck is most at risk from hurricanes. 863 properties in Salem Neck have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 115 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 127 mph.