Zip 03079 (Salem, NH) Housing

Salem, NH is a desirable place to live due to its strong housing market. The Median Value of a house in Salem is $513,800, which is much higher than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation rate for Salem is 12.66%, which is significantly higher than the national rate of 8.27%. This indicates that there is a strong demand for houses and that prices are increasing in value quickly.

The median home cost in Salem (zip 03079) is $513,800. Home appreciation the last 10 years has been 99.6%. Home Appreciation in Salem (zip 03079) is up 15.7%.

Average Age of Homes

- The median age of Salem (zip 03079) real estate is 42 years old

The Rental Market in Salem (zip 03079)

- Renters make up 22.4% of the Salem (zip 03079) population
- 0.6% of houses and apartments in Salem (zip 03079), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Salem, New Hampshire	United States
	12,888.0	139,647,020.0
	45	42
	$513,800	$338,100
	15.7%	16.6%
	62.3%	57.0%
	99.6%	101.1%
	$17.92	$10.98
	$6,368	$2,690
	72.1%	57.4%
	5.8%	11.2%
	22.1%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	1.2%	2.4%
	0.5%	2.8%
	2.1%	3.9%
	1.6%	4.5%
	1.5%	11.3%
	2.6%	13.0%
	21.2%	20.1%
	33.1%	13.6%
	20.2%	8.3%
	12.0%	9.7%
	2.5%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	12.2%	13.6%
	16.6%	13.2%
	17.6%	14.8%
	12.2%	13.6%
	9.6%	10.0%
	3.5%	4.7%
	4.7%	12.2%

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