01970 Zip Code First-Time Homebuyer Report for October

With 41,301 residents, 01970 is a larger than average zip code in Massachusetts. Also, with a 1.9% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 72 years, homes in the 01970 zip code tend to be older than most. The top school in the zip code is Saltonstall School.

Culture

According to Foursquare, Target, Harrison's Comics and Pop Culture, and Ye Olde Pepper Co are the most popular retail spots in 01970. Great outdoor attractions are Salem Common and Pickering Wharf. You could also go see the popular Salem Witch Museum and Peabody Essex Museum (PEM) if you're interested in arts and entertainment.

Price Range

Home values in the 01970 zip code are generally in line with others in the state with a median home value of $235,200 and an average list price of $331,099. The 01970 zip code market looked active this week as sales reached 75 homes sold over the last 30 days.

Out of all the listings in the 01970 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$339K   $229K   $350K  

Typical Dwelling

The typical dwelling in the 01970 zip code is a two-bedroom condo worth about $289,255. To purchase a similar home, a buyer with good credit and a $57,851 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,554 monthly payment. The property tax rate is $11.64 per $1,000 of taxable assessed value.

Get started right now by checking out 01970 homes for sale or reviewing 01970 real estate trends.


Data reported through 10/13/2016

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