2024 Compare Cities Housing:
Salem, MA vs Chicago, IL

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Highlights
- The median age of a home in Salem is 12.9% younger than the median age of a home in Chicago.
 Salem, MAChicago, ILUnited States
 Median Home Age627042
 Median Home Cost$505,900$284,100$338,100
 Home Appr. Last 12 months13.0%10.1%16.6%
 Home Appr. Last 5 yrs.51.0%33.4%57.0%
 Home Appr. Last 10 yrs.95.5%66.0%101.1%
 Property Tax Rate$14.1$15.9$11.0
 Homes Owned48.6%40.5%57.4%
 Housing Vacant5.8%11.2%11.2%
 Homes Rented45.6%48.3%31.4%
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 Avg Rent For Home Or Apartment
 Salem, MAChicago, ILUnited States
 Average Rent$2,620$1,850$1,840
 Studio Apartment$1,630$1,190$1,080
 1 Bedroom Home or Apartment$1,790$1,290$1,180
 2 Bedroom Home or Apartment$2,190$1,480$1,430
 3 Bedroom Home or Apartment$2,660$1,870$1,860
 4 Bedroom Home or Apartment$2,940$2,230$2,160
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 Vacant Housing
 Salem, MAChicago, ILUnited States
 Vacant For Rent0.9%3.1%1.9%
 Vacant Rented0.5%0.4%0.4%
 Vacant For Sale0.4%0.7%0.7%
 Vacant Sold0.5%0.3%0.4%
 Vacant Vacation0.6%0.8%3.6%
 Vacant Other2.9%5.9%4.1%
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 Owner-Occupied Housing Value
 Salem, MAChicago, ILUnited States
 Less Than $20,0001.4%1.7%2.6%
 $20,000 to $39,9990.4%0.9%2.4%
 $40,000 to $59,9990.0%1.1%2.8%
 $60,000 to $79,9990.5%1.8%3.9%
 $80,000 to $99,9990.1%2.9%4.5%
 $100,000 to $149,9990.9%8.8%11.3%
 $150,000 to $199,9991.8%13.6%13.0%
 $200,000 to $299,99915.0%24.5%20.1%
 $300,000 to $399,99931.0%16.5%13.6%
 $400,000 to $499,99925.2%9.6%8.3%
 $500,000 to $749,99919.2%10.2%9.7%
 $750,000 to $999,9992.6%4.0%3.9%
 $1,000,000 to $1,499,9991.4%2.2%2.2%
 $1,500,000 to $1,999,9990.1%0.9%0.8%
 $2,000,000 and over0.5%1.2%1.1%
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 Housing Units By Year Built
 Salem, MAChicago, ILUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 20146.1%8.0%13.6%
 2000 to 20096.1%8.0%13.6%
 1990 to 19993.4%5.1%13.6%
 1980 to 198910.9%4.8%13.2%
 1970 to 19798.5%7.7%14.8%
 1960 to 19693.4%5.1%13.6%
 1950 to 19596.1%11.8%10.0%
 1940 to 19494.6%8.8%4.7%
 1939 or Earlier52.3%40.3%12.2%
Reviews for Salem    4 Reviews

I've been in Salem, Massachusetts for a year now because it brought me up here for my husband's job. Salem may be a great place to visit during Halloween but other  More

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Over 11 years ago

My husband and I move to Salem, MA from Long Island NY five years ago and we love it! We kept on visiting for Halloween and we just decided to move here for the hell of  More

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Over 17 years ago

We are family friendly, albeit strange. We celebrate Halloween for a month. Check out the Haunted Happenings  More

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Reviews for Chicago    270 Reviews

I've lived in Chicago city and later moved to suburbs when family size increased. Absolutely love this city. This is the cleanest and most beautiful among the major  More

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Chicago is probably the best value in a major city that you can find and my personal favorite city. It will become increasingly important as climate change makes the  More

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I've live on north side and south side, UIC medical center. Don't move here go to the north side. No good amenities, if you get bored with one there is no other choices.  More

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