Fay Estate, MA Housing Market

Homes for sale

The Fay Estate housing market is very competitive. The median sale price of a home in Fay Estate was $565K last month, down 20.7% since last year. The median sale price per square foot in Fay Estate is $380, up 28.4% since last year.

Trends
Demand
Schools
Climate

Fay Estate Housing Market Trends

What is the housing market like in Fay Estate today?

$565K

Sale Price

-20.7%
since last year

$380

Sale $/Sq. Ft.

+28.4%
since last year

Over List Price

2.2%

Days on Market

Down Payment

3.5%

Total Homes Sold

To compare other locations to the Fay Estate 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 Fay Estate housing market?

Fay Estate is very competitive. Homes sell in 19 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 19 days.
Hot homes
can sell for about 7% above list price and go pending in around 14 days.

Compare With Nearby Neighborhoods

West Lynn

100

Most Competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 17 days.
Hot homes
can sell for about 9% above list price and go pending in around 9 days.

South Peabody

100

Most Competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 17 days.
Hot homes
can sell for about 6% above list price and go pending in around 13 days.

See more nearby cities and neighborhoods

View houses in Fay Estate that sold recently

Recently sold homes

SOLD DEC 10, 2024
$612,000 Last Sold Price
3 beds
1 bath
1,835 sq ft
97 Fellsmere St, Lynn, MA 01904
List Price
$599,900
Sale to List
2% over list
Days on Market
40 days
97 Fellsmere St, Lynn, MA 01904
SOLD NOV 26, 2024
$480,000 Last Sold Price
3 beds
1 bath
1,354 sq ft
16 Moon Rd, Lynn, MA 01904
List Price
$485,000
Sale to List
1% under list
Days on Market
82 days
16 Moon Rd, Lynn, MA 01904
SOLD NOV 19, 2024
$650,000 Last Sold Price
4 beds
3 baths
1,600 sq ft
12 Madeline Ave, Salem, MA 01970
List Price
$649,900
Sale to List
0% over list
Days on Market
59 days
12 Madeline Ave, Salem, MA 01970
SOLD OCT 31, 2024
$630,000 Last Sold Price
3 beds
1.5 baths
1,836 sq ft
96 Spring View Dr, Lynn, MA 01904
List Price
$629,000
Sale to List
0% over list
Days on Market
43 days
96 Spring View Dr, Lynn, MA 01904
SOLD OCT 25, 2024
$761,000 Last Sold Price
4 beds
2.5 baths
2,167 sq ft
19 Ravenna Ave, Salem, MA 01970
List Price
$729,999
Sale to List
4% over list
Days on Market
35 days
19 Ravenna Ave, Salem, MA 01970
SOLD OCT 21, 2024
$620,000 Last Sold Price
2 beds
2.5 baths
1,852 sq ft
38 Lions Ln #38, Salem, MA 01970
List Price
$599,900
Sale to List
3% over list
Days on Market
60 days
38 Lions Ln #38, Salem, MA 01970
SOLD OCT 15, 2024
$695,000 Last Sold Price
3 beds
2 baths
1,278 sq ft
127 Verona St, Lynn, MA 01904
List Price
$695,000
Sale to List
0% over list
Days on Market
82 days
127 Verona St, Lynn, MA 01904
SOLD OCT 7, 2024
$600,000 Last Sold Price
2 beds
3 baths
1,854 sq ft
2 Lions Ln #2, Salem, MA 01970
List Price
$589,900
Sale to List
2% over list
Days on Market
26 days
2 Lions Ln #2, Salem, MA 01970
See all recently sold homes in Fay Estate.
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Schools in Fay Estate

Learn about schools in the Fay Estate area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 Fay Estate housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Fay Estate.

Wind Factor - Major

100% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Major

100% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

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