2025 Compare Cities Housing:
Cape Elizabeth, ME vs Salem, MA

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Highlights
- The median age of a home in Cape Elizabeth is 14.8% younger than the median age of a home in Salem.
 Cape Elizabeth, MESalem, MAUnited States
 Median Home Age54  Unlock42
 Median Home Cost  Unlock$505,900$338,100
 Home Appr. Last 12 months19.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock51.0%57.0%
 Home Appr. Last 10 yrs.121.4%  Unlock101.1%
 Property Tax Rate  Unlock$14.1$11.0
 Homes Owned81.1%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented11.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Cape Elizabeth, MESalem, MAUnited States
 Average Rent  Unlock$2,620$1,840
 Studio Apartment$1,370  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,790$1,180
 2 Bedroom Home or Apartment$2,040  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,660$1,860
 4 Bedroom Home or Apartment$2,940  Unlock$2,160
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 Vacant Housing
 Cape Elizabeth, MESalem, MAUnited States
 Vacant For Rent  Unlock0.9%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold1.4%  Unlock0.4%
 Vacant Vacation  Unlock0.6%3.6%
 Vacant Other0.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Cape Elizabeth, MESalem, MAUnited States
 Less Than $20,000  Unlock1.4%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.1%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock1.8%13.0%
 $200,000 to $299,99913.3%  Unlock20.1%
 $300,000 to $399,999  Unlock31.0%13.6%
 $400,000 to $499,99917.6%  Unlock8.3%
 $500,000 to $749,999  Unlock19.2%9.7%
 $750,000 to $999,9999.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.4%2.2%
 $1,500,000 to $1,999,9993.8%  Unlock0.8%
 $2,000,000 and over  Unlock0.5%1.1%
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 Housing Units By Year Built
 Cape Elizabeth, MESalem, MAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.1%13.6%
 2000 to 20096.6%  Unlock13.6%
 1990 to 1999  Unlock3.4%13.6%
 1980 to 198913.4%  Unlock13.2%
 1970 to 1979  Unlock8.5%14.8%
 1960 to 19698.9%  Unlock13.6%
 1950 to 1959  Unlock6.1%10.0%
 1940 to 19498.7%  Unlock4.7%
 1939 or Earlier  Unlock52.3%12.2%
Reviews for Cape Elizabeth    2 Reviews

Cape Elizabeth is a lovely town, right on the Maine shoreline, and just outside the city of Portland. If you love nature and the outdoors, you will love Cape Elizabeth.  More

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Over 13 years ago

Moved to CE in 2007 and find it to be very beautiful seacoast town that includes farms, Maine coast views, great seafood and local produce, and a homey feel. The local  More

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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 12 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 18 years ago

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

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