Is Salem, NH a good place to invest in rental property?

Salem, NH has a median modeled monthly cash flow of $-1,512 and a median cap rate of 3.0%, on a median sold price of $560,000. Prices changed +6.1% year over year.

What is the average cap rate in Salem, NH?

The median cap rate across recently sold homes in Salem, NH is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Salem, NH?

The median sold price in Salem, NH is $560,000 (about $328 per square foot).

Investing in Salem, NH Real Estate

A data-driven snapshot of the Salem, NH rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$560,000Median sold price

$328Median $/sqft

3.0%Median cap rate

$-1,512Modeled cash flow / mo

+6.1%Appreciation YoY

5.4Months of supply

174Active listings

386Sold (last 12 mo)

What the Salem numbers say

In Salem, NH, the median home sold for $560,000 (about $328 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,512 of monthly cash flow. Sold prices moved +6.1% over the past year. Inventory sits at about 5.4 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Hampshire markets to compare

See Salem cash-flowing listings

CashFlowRE ranks every for-sale home in Salem, NH by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Salem deals, or browse the national market data.