Salem, NH
Commercial Real Estate Market Trends & Data

Salem's Demographic Profile

Salem has 12,777 households and a median income of $101,432, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 31,620
# Households 12,777
Median age 46
Median household income $101,432
Avg household size 2.0
Renter-occupied housing units 3,202
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Salem, NH

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Nearby Retail Markets Avg Cost/SF Typical Size
Salem $233 5,281 SF
Atkinson $259 8,650 SF
Methuen $119 4,928 SF
Pelham $125 2,808 SF
Hampstead $293 5,438 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Salem $186 30,759 SF 9.17%
Methuen $122 34,699 SF 7.02%
Lawrence $132 30,759 SF 9.17%

Commercial Properties For Sale in Salem

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

93A Plaistow Rd

Plaistow, NH 03865

  • 12,119 SF Retail Building
  • $2,175,000
For Sale

22A Old Road

Plaistow, NH 03865

  • 1,500 SF Industrial Building
  • $280,000
For Sale

159-167 S Union St

Lawrence, MA 01843

  • 15,000 SF Multifamily
  • 9.17% Cap Rate
  • $1,975,000
For Sale

45 Stiles Rd

Salem, NH 03079

  • 16,000 SF Office Building
  • $259,900
For Sale

Great Pond Crossing Condominiums

North Andover, MA 01845

  • 18,057 SF Retail Building
  • $875,000
For Sale

ICONO Tower

Lawrence, MA 01840

  • 105,313 SF Multifamily
  • $2,975,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Salem pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Salem $248 20,494 SF
Windham $303 8,727 SF
Atkinson $280 9,439 SF
Methuen $191 33,269 SF
Pelham $125 2,808 SF

Multifamily Properties For Sale in Salem

For Sale

ICONO Tower

Lawrence, MA 01840

  • 105,313 SF Multifamily
  • $2,975,000

Regional Demographic Comparison

This comparison places Salem alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Salem or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Salem 31,620 12,777 46 $101,432 2 3,202 4%
Windham 16,076 5,322 44 $164,116 3 317 3%
Atkinson 6,999 2,816 52 $129,460 3 286 2%
Methuen 52,170 18,855 42 $91,911 3 5,536 -1%
Pelham 15,236 5,407 45 $122,590 3 677 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Salem, NH and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Salem

View All Commercial Real Estate For Sale in Salem
Is Salem a good market for a first-time commercial real estate investor?

Salem offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Salem?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Salem. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Salem?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Salem. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Salem compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Salem. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Salem acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Salem, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.