What Does $426,000 Buy In Salem?

SALEM, MA --The median home value in Massachusetts is $426,330, up 2.2 percent from a year ago and projected to go up another 3.9 percent by this time next year. Patch searched the local real estate listings on Realtor.com to find the property for sale in Salem closest to the state's median home value.

What we found was slightly lower than the median value: A three-bedroom house on Jefferson Avenue listed for $424,900. Built in 1960, the house has 1,478 square feet of space. Recent updates include refinished hardwood floors and new interior paint.

• Address: 354 Jefferson Ave, Salem, Massachusetts
• Price: $424,900
• Square Feet: 1478
• Bedrooms: 3
• Bathrooms: 1 Full and 1 Half Baths
• Built: 1960
• Features: MOVE RIGHT IN! Outstanding 3 bedroom cape that is just gorgeous. Home has seen many modern day updates, freshly re-finished hardwood floors and freshly painted. Large living room with a nice fireplace. Dinning room which is perfect for entertaining. Large unfinished basement is great for storage. Large bedrooms with a wonderful layout. To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. Please upload your buyers Highest and Best offer by 9am on 3-3-2020

This listing originally appeared on realtor.com. For more information and photos, click here.