Salem, MA Housing
As of 2010-2014, median price of a house in Salem is $303,100, which is lower than the state average of $329,900 and is much higher than the national average of $175,700. The Salem median house value has grown by 60.63% since 2000. The growth rate for the price of a house in Salem is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Salem was built is 1939, which is older than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 8,921 Owner Occupied Houses in Salem, MA, #135Salem, MA | 303,100 USD |
Massachusetts | 329,900 USD |
U.S. | 175,700 USD |
Salem, MA | 60.63% |
Massachusetts | 77.65% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Salem, MA | Massachusetts | U.S. | |
Total Housing Units | 19,511, see rank, 100% | 2,816,875 | 132,741,033 |
Occupied Housing Units | 18,148, 93.01%, see rank | 90.12% | 87.55% |
Owner Occupied | 8,921, 45.72%, see rank | 56.12% | 56.34% |
Renter Occupied | 9,227, 47.29%, see rank | 33.99% | 31.21% |
Vacant Housing Units | 1,363, 6.99%, see rank | 9.88% | 12.45% |
For Rent | 365, 1.87%, see rank | 1.67% | 2.34% |
For Sale Only | 245, 1.26%, see rank | 0.74% | 1.20% |
Rented or Sold, Not Occupied | 164, 0.84%, see rank | 0.77% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 51, 0.26%, see rank | 4.29% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 538, 2.76%, see rank | 2.40% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #190Salem, MA | Massachusetts | U.S. |
1939 | 1959 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Salem, MA | % | Massachusetts | U.S. | |
Owner-Occupied Units | 8,921 | 100% | 1,580,938 | 74,787,460 |
With a Mortgage | 6,125 | 68.66%, see rank | 71.18% | 65.58% |
Without a Mortgage | 2,796 | 31.34%, see rank | 28.82% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Salem, MA | 2,008 USD |
Massachusetts | 2,095 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Salem, MA | % | Massachusetts | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.09% | 0.20% |
$300 to $499 | 14 | 0.23%, see rank | 0.49% | 1.59% |
$500 to $699 | 34 | 0.56%, see rank | 1.47% | 5.01% |
$700 to $999 | 140 | 2.29%, see rank | 4.74% | 14.32% |
$1,000 to $1,499 | 1,075 | 17.55%, see rank | 16.44% | 27.90% |
$1,500 to $1,999 | 1,778 | 29.03%, see rank | 22.84% | 20.35% |
$2,000 to $2,999 | 2,289 | 37.37%, see rank | 34.83% | 19.52% |
$3,000 or More | 795 | 12.98%, see rank | 19.10% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem, MA | 26.90% of the Total Income |
Massachusetts | 24.60% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Salem, MA | % | Massachusetts | U.S. | |
10% or Less | 232 | 3.79%, see rank | 5.29% | 5.86% |
10% to 20% | 1,439 | 23.49%, see rank | 29.25% | 31.95% |
20% to 30% | 2,032 | 33.18%, see rank | 29.39% | 27.64% |
30% to 40% | 1,141 | 18.63%, see rank | 14.83% | 13.74% |
40% or More | 1,281 | 20.91%, see rank | 20.86% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Salem, MA | 794 USD |
Massachusetts | 707 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Salem, MA | % | Massachusetts | U.S. |
$199 or Less | 46 | 1.65%, see rank | 1.57% | 7.76% |
$200 to $299 | 35 | 1.25%, see rank | 2.45% | 14.70% |
$300 to $499 | 153 | 5.47%, see rank | 16.27% | 34.63% |
$500 to $699 | 823 | 29.43%, see rank | 28.91% | 21.16% |
$700 or More | 1,739 | 62.20%, see rank | 50.80% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem, MA | 19.80% of the Total Income |
Massachusetts | 14.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Salem, MA | % | Massachusetts | U.S. | |
10% or Less | 598 | 21.39%, see rank | 31.52% | 40.19% |
10% to 20% | 801 | 28.65%, see rank | 31.52% | 31.47% |
20% to 30% | 531 | 18.99%, see rank | 14.65% | 12.24% |
30% to 40% | 214 | 7.65%, see rank | 7.86% | 5.64% |
40% or More | 623 | 22.28%, see rank | 13.41% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Salem, MA | Massachusetts | U.S. | |
Total Housing Units | 19,511, 100% | 2,816,875 | 132,741,033 |
1-unit, Detached | 4,843, 24.82%, see rank | 52.24% | 61.65% |
1-unit, Attached | 1,657, 8.49%, see rank | 5.19% | 5.82% |
2 Units | 3,301, 16.92%, see rank | 10.16% | 3.75% |
3 or 4 Units | 4,026, 20.63%, see rank | 10.94% | 4.43% |
5 to 9 Units | 1,414, 7.25%, see rank | 5.95% | 4.78% |
10 or More Units | 4,238, 21.72%, see rank | 14.65% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 32, 0.16%, see rank | 0.87% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Salem, MA | Massachusetts | U.S. | |
Total Housing Units | 19,511, 100% | 2,816,875 | 132,741,033 |
1 Room | 580, 2.97%, see rank | 2.33% | 1.95% |
2 Rooms | 692, 3.55%, see rank | 3.02% | 2.48% |
3 Rooms | 2,808, 14.39%, see rank | 10.03% | 9.13% |
4 Rooms | 4,322, 22.15%, see rank | 15.77% | 16.60% |
5 Rooms | 4,526, 23.20%, see rank | 18.26% | 20.41% |
6 Rooms | 3,148, 16.13%, see rank | 17.63% | 18.06% |
7 Rooms | 1,304, 6.68%, see rank | 12.23% | 12.27% |
8 Rooms | 937, 4.80%, see rank | 9.28% | 8.48% |
9 Rooms or More | 1,194, 6.12%, see rank | 11.45% | 10.60% |
Median Rooms | 4.80, see rank | 5.50 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Salem, MA | Massachusetts | U.S. | |
Total Housing Units | 19,511, 100% | 2,816,875 | 132,741,033 |
No Bedroom | 642, 3.29%, see rank | 2.56% | 2.17% |
1 Bedroom | 4,095, 20.99%, see rank | 14.08% | 11.16% |
2 Bedrooms | 8,051, 41.26%, see rank | 28.19% | 26.69% |
3 Bedrooms | 4,763, 24.41%, see rank | 34.72% | 39.70% |
4 Bedrooms | 1,307, 6.70%, see rank | 16.00% | 16.05% |
5 or More Bedrooms | 653, 3.35%, see rank | 4.45% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Salem, MA | Massachusetts | U.S. | |
Total Housing Units | 18,148, 100% | 2,538,485 | 116,211,092 |
Utility Gas | 10,363, 57.10%, see rank | 49.70% | 48.85% |
Bottled, Tank, or LP Gas | 369, 2.03%, see rank | 2.86% | 4.86% |
Electricity | 3,096, 17.06%, see rank | 14.23% | 36.68% |
Fuel Oil, Kerosene, etc. | 4,189, 23.08%, see rank | 30.36% | 5.86% |
Coal or Coke | 35, 0.19%, see rank | 0.13% | 0.12% |
Wood | 7, 0.04%, see rank | 1.69% | 2.12% |
Solar Energy | 20, 0.11%, see rank | 0.03% | 0.05% |
Other Fuel | 53, 0.29%, see rank | 0.65% | 0.47% |
No Fuel Used | 16, 0.09%, see rank | 0.35% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Salem, MA | Massachusetts | U.S. |
Occupied Units Paying Rent | 9,040, 100% | 924,809 | 39,201,928 |
$199 or Less | 263, 2.91%, see rank | 2.07% | 1.50% |
$200 to $299 | 451, 4.99%, see rank | 5.74% | 3.18% |
$300 to $499 | 801, 8.86%, see rank | 7.69% | 7.37% |
$500 to $699 | 573, 6.34%, see rank | 8.07% | 16.01% |
$700 to $999 | 1,707, 18.88%, see rank | 20.08% | 29.17% |
$1,000 to $1,499 | 3,999, 44.24%, see rank | 31.42% | 26.88% |
$1,500 to $1,999 | 884, 9.78%, see rank | 15.67% | 9.79% |
$2,000 or More | 362, 4.00%, see rank | 9.27% | 6.10% |
Median | $1,082, see rank | $1,088 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Salem, MA | Massachusetts | U.S. | |
Occupied Housing Units | 18,148, 100% | 2,538,485 | 116,211,092 |
No Vehicles Available | 3,056, 16.84%, see rank | 12.57% | 9.12% |
1 Vehicles Available | 8,299, 45.73%, see rank | 36.07% | 33.80% |
2 Vehicles Available | 5,279, 29.09%, see rank | 36.51% | 37.48% |
3 or More Vehicles Available | 1,514, 8.34%, see rank | 14.84% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.