New Salem, MA 01355 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

New Salem, MA—01355

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$382,000

1.0% YoY Growth

Household Income

$80,300

17.7% YoY Growth

Days on Market

81.0% Shorter YoY

Home Price Forecast

2.3%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — New Salem, MA

As of Dec '25, the median home price in New Salem, MA is $382,000, with a year-over-year change of -1.0%. This indicates that home prices in New Salem, MA are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$382,000	-1.0%
Single Family	$383,000	-1.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — New Salem, MA

New Salem, MA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

66.0%

3 Bedrooms

24.0%

4 Bedrooms

10.0%

Property Listings — New Salem, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in New Salem, MA is 13. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$362,000	-42.0%
Listing Count	2	-64.0%
Listings as % of Homes	0.2%	-64.0%
Days on Market	25	-81.0%

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Demographics — New Salem, MA

As of the latest ACS Survey released in 2023, New Salem, MA has a population of 963, which has increased by 1.5% over the past 5 years. New Salem, MA is a moderately popular place for families, as children make up 15.1% of the population. The area has a moderately educated workforce, with 37.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	963	1.5%
% Under 18	15.1%	-15.2%
% Seniors	21.9%	-3.1%
% WFH	19.7%	194.0%
% w/ College Degree	37.1%	-13.5%

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As of the latest ACS Survey released in 2023, New Salem, MA is a predominantly white area, with 79.2% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in New Salem, MA is hispanic, making up 2.8% of the population. Foreign-born residents account for 1.1% of the population in New Salem, MA, and this percentage has decreased by 56.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	79.2%	-15.4%
% Black	0.0%	N/A
% Hispanic	2.8%	600.0%
% Asian	0.0%	-100.0%
% Foreign Born	1.1%	-56.0%

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Mortgage and Risk — New Salem, MA

New Salem, MA lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — New Salem, MA

New Salem, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	2.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,050
2 Bedroom	N/A	N/A	$1,380
3 Bedroom	N/A	N/A	$1,660
4 Bedroom	N/A	N/A	$1,860

New Salem, MA—01355

Key Metrics at a Glance

Home Price Trends — New Salem, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Salem, MA

% of Rental Stock

Property Listings — New Salem, MA

Demographics — New Salem, MA

Race and Ethnicity

Mortgage and Risk — New Salem, MA

Mortgages

Rentals and Section 8 — New Salem, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — New Salem, MA

Home Price to Income Ratio

New Salem, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Shutesbury, MA

Wendell, MA

Petersham, MA

Amherst, MA

Leverett, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$382,000
Median Household Income	$80,300

New Salem, MA—01355

Key Metrics at a Glance

Home Price Trends — New Salem, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Salem, MA

% of Rental Stock

Property Listings — New Salem, MA

Demographics — New Salem, MA

Race and Ethnicity

Mortgage and Risk — New Salem, MA

Mortgages

Rentals and Section 8 — New Salem, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — New Salem, MA

Home Price to Income Ratio

New Salem, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Shutesbury, MA

Wendell, MA

Petersham, MA

Amherst, MA

Leverett, MA

Frequently Asked Questions

What is the average home price in New Salem, MA 01355?

How have home prices in New Salem, MA 01355 changed over the past year?

What is the home price projection for New Salem, MA 01355?

What are the demographics of New Salem, MA 01355?

How long does it take homes to sell in New Salem, MA 01355?

What is the average rent price in New Salem, MA 01355?