Is New Salem, MA 01355 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

New Salem is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The New Salem housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Franklin County, MA

Population	958
Median income	$82,713
Average income	$99,833
Median home value	$375,000
Median rent	$1,202/month
Owner-occupied	89% of homes
Median year built	1969
Walkability	3.9 of 20Least walkable

Natural hazard riskWinter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 01355; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 01355

Prefilled for 01355Can I win this house?Multiple-offer likelihood for a listing Prefilled for 01355Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ashfield 01330Seller’s market $273 /sq ft Bernardston 01337Seller’s market $233 /sq ft Buckland 01338Seller’s market $343 /sq ft Charlemont 01339Seller’s market $281 /sq ft Browse all markets →

Where New Salem is

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Questions about New Salem real estate

What are property taxes in New Salem?

About 1.43% of a home’s value a year in Franklin County, or roughly $5,720 on a $400,000 home.

Local agents

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More tools for 01355

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Franklin County property taxes Franklin County loan limits Closing costs in Massachusetts Hottest ZIP codes in Massachusetts

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology