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Rent To Own Homes in Salem, NH

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Salem, NH Foreclosures

How much do homes sell for in Salem, NH?
The average home price is currently $580,933.
In Salem, NH, how many homes are available?
There are currently 17 active home listings available in Salem.
What’s the average rental cost in Salem, NH?
The average rental price in Salem is $1,824.
What is the most expensive home in Salem?
The most expensive home sold in Salem had a price of $32,612,963.
What is currently the cheapest priced home in Salem, NH?
The cheapest home for sale in Salem is priced at $10,266.

Living in Salem, NH

Salem, NH, is a picturesque town famous for its family-friendly environment and recreational opportunities. With close proximity to Boston, it offers a balanced lifestyle with urban conveniences and outdoor adventures. Residents enjoy a strong community spirit and access to numerous amenities.

Current Market Conditions in Salem, NH

The real estate market in Salem has shown consistent growth over the last few years, driven by its desirable location and family-oriented atmosphere. Homes in Salem have become increasingly sought after, leading to rising property values and a strong demand for housing.

As of late 2023, the average home price in Salem has experienced an upswing, with a steady increase in listings. The presence of quality schools and accessible commuting options to Boston further fuel the market. Investors and homebuyers alike are keen to explore the potential that Salem offers.

Home Value Estimator For Salem, NH

There are currently 11,269 real estate properties in Salem, NH, with a median automated valuation model (AVM) price of $565,520.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Salem, NH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Salem, NH, is $580,933.00, with the most expensive house in Salem, NH, topping out at $32,612,963.00 and the cheapest home in Salem, NH, clocking in at $10,266.00. In other words, there’s something for every potential homebuyer or savvy investor in Salem, NH!

Rent Prices In Salem, NH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Salem, NH, is on a rollercoaster ride. The average rent price in Salem, NH, is $1,824.00. Indeed, when looking to rent in Salem, NH, you can expect to pay as little as $780.00 or as much as $4,200.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Salem, NH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Salem, NH Rent To Own Homes

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