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CondominiumResidential
$372,026$388 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $118,000 on Sep 11, 2001

55 HANCOCK ST

SALEM, MA 01970
Building report
2
Beds
1
Baths
958 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1920
Year BuiltThe year the home was originally built, according to county records.
3
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$372K
$350K low$394K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$118,000 · Sep 11, 2001

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,603 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$317,700 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$317,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$349,410

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.33 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.80%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

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.Condo/Apartment
CountyESSEX
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Tar & Gravel
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Saltonstall SchoolC+
Elementary · Grades KG–8 · 0.3 mi
H
Salem Preparatory High School
High · Grades 9–12 · 0.7 mi

District: Salem School District

Neighborhood · ZIP 01970These 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.116
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.87

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.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.44,728
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,443 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$85,271
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$107,638
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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

How this home compares

55 Hancock St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 94% of homes in Salem 01970
  • Costs less per square foot than 65% of homes in South Salem
  • Smaller than 92% of homes in Essex County
  • Newer than 75% of homes in South Salem

What homes are worth in Salem 01970

Each bar is how many homes fall in that price range. The marker is this home.

This home
$315K$1.2M

This home is worth more than 6% of homes in Salem 01970.

How it measures up in Salem 01970

The dot is this home. The mark in the middle is the typical home in Salem 01970.

Estimated value$372,026
CheaperTypical $611,306Pricier

Pricier than 6% of homes nearby

Price per ft²$388
CheaperTypical $421Pricier

Pricier than 38% of homes nearby

Living area958 ft²
SmallerTypical 1,655 ft²Bigger

Bigger than 12% of homes nearby

Year built1920
OlderTypical 1920Newer

Newer than 53% of homes nearby

How 55 Hancock St ranks against every home in each area.
MeasureThis homeSouth SalemSalem 01970Essex County
Estimated valuepricier than$372,0267% of homes6% of homes6% of homes
Price per ft²pricier than$38835% of homes38% of homes44% of homes
Living areabigger than958 ft²13% of homes12% of homes8% of homes
Year builtnewer than192075% of homes53% of homes30% of homes

About 55 Hancock St

How much is 55 Hancock St, Salem, MA worth?

The TopHap Estimate for 55 Hancock St, Salem, MA is $372,026 as of Aug 30, 2026. The likely range is $349,912 to $394,140. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 55 Hancock St, Salem, MA last sell?

55 Hancock St, Salem, MA last sold on Sep 11, 2001 for $118,000, according to the county's recorded deed.

How big is 55 Hancock St, Salem, MA?

55 Hancock St, Salem, MA has 2 bedrooms, 1 bathrooms and 958 square feet of living space.

When was 55 Hancock St, Salem, MA built?

55 Hancock St, Salem, MA was built in 1920, making it 106 years old. It is a condo/apartment home. The building has 3 stories.

What schools serve 55 Hancock St, Salem, MA?

55 Hancock St, Salem, MA is assigned to Saltonstall School (elementary), rated C+; Salem Preparatory High School (high). All sit in Salem School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 55 Hancock St, Salem, MA compare to other homes in Salem 01970?

Among the 12,071 homes in Salem 01970, it is worth more than 6% of them ($372,026 against a typical $611,306), its price per square foot is higher than 38% of them ($388 against a typical $421), it is bigger than 12% of them (958 ft² against a typical 1,655 ft²) and it is newer than 53% of them (1920 against a typical 1920). Measured against all of Essex County, it is worth more than 6% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 55 Hancock St, Salem, MA?

The 2025 property tax bill for 55 Hancock St, Salem, MA was $3,603. The county assessed it at $317,700.

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