Medical Premises

Salem, MA Medical Office Space Market Trends and Statistics

Explore 0 medical office space for sale in Salem, MA on our real estate platform.

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 26
Medical Office Space 6
Office buildings 5

Demographics Overview

Population 44K
Population Growth (5Y) +2.2%
Median Household Income $85,189
College Educated 35.2%

Taxes & Financing

Tax Rate (average for all types) 2.11%
Property Tax per SF $33.59 per SF
Tax Rate vs County Average 0.41 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 5,000 to 10,000 square foot range.

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