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CondominiumResidential

500 Salem St

MEDFORD, MA 02155
1 ft²
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19888 floors55 units1,086–1,344 ft²
$30M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$543K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$458
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-16.0%vs the Medford ZIP median sale $/ft² ($546)

Sales Performance

$600K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+2.1%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
3
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
5.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.1%per yeartypical hold 8.4 yrsfrom 125 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19881993199820032011201620212026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19881993199820032011201620212026

187 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$460K$516K$572K$628K1,086 ft²1,138 ft²1,189 ft²1,241 ft²1,292 ft²1,344 ft²
2 bd3 bd
2 bed
26 units
3 bed
29 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,086 ft²
7 units
2 bd · 2 ba · 1,124 ft²
7 units
3 bd · 2 ba · 1,258 ft²
7 units
2 bd · 2 ba · 1,094 ft²
6 units
3 bd · 2 ba · 1,240 ft²
6 units
3 bd · 2 ba · 1,243 ft²
6 units
2 bd · 2 ba · 1,113 ft²
5 units
3 bd · 2 ba · 1,321 ft²
5 units
One-off layouts
6 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$460K–$480K
3 units
$492K–$502K
4 units
$504K–$521K
9 units
$524K–$543K
12 units
$545K–$563K
14 units
$575K–$581K
3 units
$586K–$601K
5 units
$609K–$628K
5 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 2
$446/ft²
Floors 3–4
$459/ft²
Floor 5
$459/ft²
Floors 6–7
$455/ft²
Floor 8
$476/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·07
$478/ft²
Line ·06
$473/ft²
Line ·02
$470/ft²
Line ·04
$464/ft²
Line ·03
$458/ft²
Line ·05
$445/ft²
Line ·08
$444/ft²
Line ·01
$439/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.45%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.9%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.8.3 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.15%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.44%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$550,885
Median tax billThe middle annual property tax bill among the building's units.$4,658
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.High Rise
CountyMIDDLESEX
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Tar & Gravel
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

District: Medford School District

Neighborhood · ZIP 02155These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.89
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.82

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.61,548
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7,108 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$112,601
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$145,923
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

500 Salem St # 201
3 bd · 2 ba · 1,240 ft²
$561K
500 Salem St # 203
3 bd · 2 ba · 1,344 ft²
$555K
500 Salem St # 204
3 bd · 2 ba · 1,258 ft²
$553K
500 Salem St # 205
3 bd · 2 ba · 1,243 ft²
$546K
500 Salem St # 206
2 bd · 2 ba · 1,124 ft²
$528K
500 Salem St # 207
2 bd · 2 ba · 1,086 ft²
$492K
500 Salem St # 208
3 bd · 2 ba · 1,263 ft²
$575K
500 Salem St # 301
3 bd · 2 ba · 1,240 ft²
$533K
500 Salem St # 302
2 bd · 2 ba · 1,135 ft²
$516K
500 Salem St # 303
2 bd · 2 ba · 1,094 ft²
$480K
500 Salem St # 304
3 bd · 2 ba · 1,258 ft²
$609K
500 Salem St # 305
3 bd · 2 ba · 1,243 ft²
$548K
500 Salem St # 306
2 bd · 2 ba · 1,124 ft²
$525K
500 Salem St # 307
2 bd · 2 ba · 1,086 ft²
$541K
500 Salem St # 308
3 bd · 2 ba · 1,293 ft²
$581K
500 Salem St # 401
3 bd · 2 ba · 1,240 ft²
$560K
500 Salem St # 402
2 bd · 2 ba · 1,113 ft²
$496K
500 Salem St # 403
2 bd · 2 ba · 1,094 ft²
$514K
500 Salem St # 404
3 bd · 2 ba · 1,258 ft²
$543K
500 Salem St # 405
3 bd · 2 ba · 1,243 ft²
$601K
500 Salem St # 406
2 bd · 2 ba · 1,124 ft²
$545K
500 Salem St # 407
2 bd · 2 ba · 1,086 ft²
$512K
500 Salem St # 408
3 bd · 2 ba · 1,321 ft²
$591K
500 Salem St # 501
3 bd · 2 ba · 1,240 ft²
$546K
500 Salem St # 502
2 bd · 2 ba · 1,113 ft²
$477K
500 Salem St # 503
2 bd · 2 ba · 1,094 ft²
$521K
500 Salem St # 504
3 bd · 2 ba · 1,258 ft²
$599K
500 Salem St # 505
3 bd · 2 ba · 1,243 ft²
$562K
500 Salem St # 506
2 bd · 2 ba · 1,124 ft²
$515K
500 Salem St # 507
2 bd · 2 ba · 1,086 ft²
$507K
500 Salem St # 508
3 bd · 2 ba · 1,321 ft²
$620K
500 Salem St # 601
3 bd · 2 ba · 1,240 ft²
$535K
500 Salem St # 602
2 bd · 2 ba · 1,113 ft²
$526K
500 Salem St # 603
2 bd · 2 ba · 1,094 ft²
$502K
500 Salem St # 604
3 bd · 2 ba · 1,258 ft²
$619K
500 Salem St # 605
3 bd · 2 ba · 1,243 ft²
$509K
500 Salem St # 606
2 bd · 2 ba · 1,124 ft²
$504K
500 Salem St # 607
2 bd · 2 ba · 1,086 ft²
$526K
500 Salem St # 608
3 bd · 2 ba · 1,321 ft²
$460K
500 Salem St # 701
3 bd · 2 ba · 1,240 ft²
$534K
500 Salem St # 702
2 bd · 2 ba · 1,113 ft²
$551K
500 Salem St # 703
2 bd · 2 ba · 1,094 ft²
$517K
500 Salem St # 704
3 bd · 2 ba · 1,258 ft²
$563K
500 Salem St # 705
3 bd · 2 ba · 1,243 ft²
$548K
500 Salem St # 706
2 bd · 2 ba · 1,124 ft²
$578K
500 Salem St # 707
2 bd · 2 ba · 1,086 ft²
$501K
500 Salem St # 708
3 bd · 2 ba · 1,321 ft²
$628K
500 Salem St # 801
3 bd · 2 ba · 1,216 ft²
$534K
500 Salem St # 802
2 bd · 2 ba · 1,113 ft²
$586K
500 Salem St # 803
2 bd · 2 ba · 1,094 ft²
$524K
500 Salem St # 804
3 bd · 2 ba · 1,258 ft²
$596K
500 Salem St # 805
3 bd · 2 ba · 1,220 ft²
$545K
500 Salem St # 806
2 bd · 2 ba · 1,124 ft²
$527K
500 Salem St # 807
2 bd · 2 ba · 1,086 ft²
$557K
500 Salem St # 808
3 bd · 2 ba · 1,321 ft²
$613K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 500 Salem St

How many units are in 500 Salem St, Medford, MA?

500 Salem St, Medford, MA has 55 residential units across 8 floors, built in 1988, according to county assessor records.

What is a unit at 500 Salem St, Medford, MA worth?

The median TopHap Estimate across the 55 units at 500 Salem St, Medford, MA is $542,741. That works out to $458 per square foot. Units run from 1,086 to 1,344 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 500 Salem St, Medford, MA expensive for Medford?

Units at 500 Salem St, Medford, MA carry a median of $458 per square foot, 16% below the Medford median of $546 per square foot.

How often do units sell at 500 Salem St, Medford, MA?

3 units at 500 Salem St, Medford, MA sold in the last 12 months, out of 187 recorded arms-length sales all time. That is a turnover rate of 5.5% of the building per year. The median sale over that period was $600K.

Have units at 500 Salem St, Medford, MA appreciated?

Across 125 repeat sales of the same unit, 500 Salem St, Medford, MA returned a median 4.1% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 8.4 years.

What floor plans does 500 Salem St, Medford, MA have?

The most common plan at 500 Salem St, Medford, MA is a 2-bedroom of 1,086 square feet, repeated 7 times, with a median estimate of $512,334. TopHap identifies 8 recurring plans in the building.

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