Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 2 |
Acreage buckets
The median price for land in Salem, Massachusetts is currently $2.0M per acre. For a typical parcel, the median sale price is $1000K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $368K while premium lots reached $1.3M.
Land in Salem, Massachusetts typically sells within 134 days of listing. The median time on market is 156 days. Properties are moving slowly.
The top-performing broker in this market is NE Property Consultants.
The median land price in Salem, Massachusetts stands at $1000K. This translates to roughly $2.0M per acre for the typical parcel size. The average price is $862K, showing a fairly consistent market.
Land in Salem, Massachusetts averages $2.0M per acre. The median price per acre is $2.0M, which may be more representative of typical transactions. Most parcels sold are around 14,576 sq ft.
Over the past 12 months, Salem, Massachusetts saw 3 properties sold, totaling $2.6M in sales volume.
The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
