03079 Home Values & Market Trends

There are 21 homes currently listed for 03079. 03079 real estate market trends show that home prices range from $245,000 to $1,175,000, and the median sales price in the 03079 zip code is $546,618.62. The total number of properties sold within the past twelve months is 406. In 03079, 5 properties are in foreclosure, 0 are bank owned properties,and 5 are headed for auction.

03079 Real Estate Market Overview

CityMedian Est. Value
Salem

$ 538,212

$ 299/sqft

Housing Market Summary for 03079

Apr 2023March 2024Change
Median Listing Price$525K$534.5K1.82%
Median Sold Price$497.5K$534.5K7.45%
Homes For Sale2317-26.09%
Homes Sold179155-13.41%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 03079

The median list price of a home in Salem, is $546,618.62. A total of 21 properties are for sale, and the percentage of properties for sale in the zip code is 21.00%. The total count of 03079 properties is 10,838.

Foreclosure
There is 1 cities within 03079; within this cities, the median estimated home value for homes in foreclosure ranges from $643,625 in salem to the lowest value of $404,853 in salem. Foreclosure homes account for 0.00% of properties in 03079 with salem containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 03079 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 03079; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 03079 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 03079. There is 1 cities within 03079; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    salem has 5 auction properties, the highest number of properties going to auction in a single city in the state of 03079. Auction homes and other auction properties account for 0.05% of all properties in 03079. There is 1 cities within 03079; of that cities, the median estimated home value for homes going to auction ranges from $643,625 in salem to the lowest value of $404,853 in salem.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in 03079 with salem containing 21 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 03079; homes for sale in that cities, have a range of median values from $967,411 in salem to the lowest value of $308,790 in salem.
    Sold Homes
    The median value for recently sold homes ranges from $1,706,120 in salem to the lowest price of $149,000 in salem. There is 1 cities within 03079. salem has 164 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.51% of properties in 03079.

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      Guide for 03079

      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports
      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      See More Articles
      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      Market Reports|posted 24 April 2024

      The blog examines the various trends in the real estate market of Helena, East Helena, Jefferson City, Townsend, Cascade, and Deer Lodge in Montana, highlighting the nuances and unique dynamics in each city.

      Recently Listed Homes 03079

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