New Salem, MA Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in New Salem. The median value for residential home transactions that occurred over the previous year is $381,167. The number of current listings in New Salem is 6, and the percentage of properties for sale in the city is 6.00%. New Salem, MA currently has 2 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 6 properties for sale.
New Salem, MA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 01355 | $ 381,167 $ 223/sqft |
Housing Market Summary for New Salem, MA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $425K | $437K | 2.82% |
| Median Sold Price | $450.6K | $288K | -36.08% |
| Homes For Sale | 7 | 5 | -28.57% |
| Homes Sold | 4 | 2 | -50.00% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Salem, MA
Browse Homes in New Salem, MA
New Salem home values range from $359,800 to $475,000. The median estimated value of a home in New Salem is $381,167. The median list price of a home is 399,900, and the total count of properties in the city is 11.
- Pre-ForeclosurePre-foreclosure homes account for 9.09% of all residential properties in New Salem, MA with 01355 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Salem, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in 01355 to the lowest home value of $0 in 01355.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Salem, MA ranges from the highest value of $444,121 in 01355 to the lowest value of $444,121 in 01355. Bank owned homes and properties account for 9.09% of properties in New Salem, MA. There is 1 zips within New Salem, MA; 01355 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of New Salem, MA. Auction homes and other auction properties account for 0% of all properties in New Salem, MA. There is 1 zips within New Salem, MA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for New Salem, MA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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