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Massachusetts real estate · Franklin County

New Salem, Massachusetts Real Estate

Homes, values and local insight for New Salem, Franklin County, Massachusetts. Typical home value $408,000.

Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes

Ryan and Megan Winslow Broker Owners3,000+ homes soldSince 2009 REALTOR®4 states broker in FL, MA, CT, RIU.S. Army RetiredBest of Central MA winners
$408,000Typical home value
+4.4%Home values, past year
1,023Residents (2024)
$78,611Median household income
Homes for sale

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About

Living in New Salem

New Salem is a town in Franklin County, Massachusetts, home to about 1,023 people across 44.8 square miles of land. The median household income is $78,611 and 88% of households own their home. The median home was built in 1972.

Nearby you will find Shutesbury, Petersham, Pelham. Ryan and Megan help buyers compare New Salem with these towns on price, commute and lifestyle.

Homes in New Salem, Massachusetts
Market data

New Salem by the numbers

The typical home in New Salem is worth $408,000, 9% above the Franklin County typical value of $374,000 and 38% below the Massachusetts typical value of $662,000.

Typical home value

$408,000

Zillow Home Value Index for New Salem, August 2026. The middle of the market for single family homes and condos.

5 year change

+35.5%

Home values in New Salem moved +35.5% over five years and +100.7% over ten.

Median rent

$1,176/mo

Median gross rent in New Salem. Useful for investors running rental numbers.

Homeownership

88%

Share of occupied homes in New Salem lived in by the owner.

Median year built

1972

Older homes often need inspection focus on roof, systems and windows.

Household income

$78,611

Median household income in New Salem.

Mortgage planning for a home in New Salem
Financing

Buying in New Salem with the right loan

Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical New Salem home of $408,000:

  • FHA, 3.5% down: $14,296 down, loan of $394,000
  • Conventional, 5% down: $20,423 down, loan of $388,000
  • Conventional, 20% down: $81,692 down, loan of $327,000
  • VA, 0% down for eligible veterans, loan of $408,000
Selling

What is your New Salem home worth?

Ryan and Megan price New Salem homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.

Home for sale in New Salem
Nearby

Towns near New Salem

Franklin County

More in Franklin County

See the full Franklin County real estate guide or the Massachusetts real estate guide.

FAQ

Common questions

What is the typical home value in New Salem, MA?

The Zillow Home Value Index for New Salem was $408,000 in August 2026, +4.4% over the past year.

What county is New Salem in?

New Salem is in Franklin County, Massachusetts.

How many people live in New Salem?

About 1,023 people as of the 2024 Census Bureau estimate, up from 981 in 2020.

Who are the best real estate agents in New Salem?

Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.

How do I get pre-approved to buy in New Salem?

Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.

Do most people in New Salem own or rent?

88% of occupied homes in New Salem are owner occupied, based on the 2019 to 2023 American Community Survey.

Talk to Ryan and Megan

Ready to move in New Salem?

17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.

Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.

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Coming soon in New Salem, MA

Get coming-soon homes, pocket listings and price drops in New Salem, MA before they hit the big home search sites.

New Salem home values by ZIP code

The typical home in New Salem is worth $409,320 as of August 2026 in ZIP code 01355. Values moved +4.5% over the last 12 months at the middle ZIP code.

ZIPTypical value12 months5 yearsMedian sale, Mar to May 2026Days on market
01355$409,320+4.5%+34.9%

Sources: Zillow Home Value Index through August 2026 and the Redfin Data Center ZIP code tracker, March to May 2026. Ask Ryan and Megan for a value for your own home.