New Salem, MA is a great place to own a home. The median value of homes in the area is around $313,200, slightly lower than the nationwide median of $338,100. Despite this lower value, New Salem still saw an impressive 8.53% appreciation in home values over the last year, slightly higher than the national average of 8.27%. The housing market in New Salem remains strong and continues to be a desirable place for people to call home.
The median home cost in New Salem is $313,200. Home appreciation the last 10 years has been 65.4%. Home Appreciation in New Salem is up 13.1%.
Average Age of Homes
- The median age of New Salem real estate is 41 years old
The Rental Market in New Salem
- Renters make up 9.7% of the New Salem population
- 0.0% of houses and apartments in New Salem, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.