Market Summary

New Salem, Franklin County, MA

City Last updated April 8, 2026

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Median Home Price Price

$389,790 $389.8K

Median Monthly Rent Rent

$1,569 $1.6K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

New Salem, Franklin County, MA is a city market with a median home price of $389,790, a median monthly rent of $1,569, a GRM of 21.0x, and a price-to-rent ratio of 20.7.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Franklin County

Region Price Rent GRM Display
$424,302 $2,170 16.0x
$302,431 $1,579 16.0x
$295,038 $1,904 13.0x
$493,879 $1,720 24.0x
$366,609 $1,678 18.0x
$468,605 $2,128 18.0x

Home prices

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GRM

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Similar markets within MA outside of Franklin County

Region Price Rent GRM Display
$384,894 $1,586 20.0x
$380,907 $1,806 18.0x
$439,498 $1,778 21.0x
$467,064 $2,035 19.0x
$413,367 $1,508 23.0x
$496,367 $1,511 27.0x

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GRM

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Similar markets outside of MA

Region Price Rent GRM Display
$261,501 $1,585 14.0x
$269,081 $1,551 15.0x
$518,853 $1,764 25.0x
$313,721 $1,606 16.0x
$209,037 $1,578 11.0x
$331,244 $1,591 17.0x
$226,794 $962 20.0x
$306,260 $1,304 20.0x
$534,346 $2,152 21.0x
$333,315 $1,685 17.0x
$297,025 $1,183 21.0x
$379,517 $1,434 22.0x
$335,086 $1,493 19.0x
$204,321 $1,184 14.0x
$254,014 $1,734 12.0x
$369,931 $1,525 20.0x
$268,805 $1,469 15.0x
$374,842 $1,563 20.0x

Home prices

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Monthly rent

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GRM

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New Salem

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Trend Insights

Median Rent in New Salem, MA is $1,569, with MoM change +$14 and YoY change +$90 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

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Metric
Base market New Salem, MA
Compare market Select a market
Delta vs base
Median rent
$1,569
N/A
Median price
$389,790
N/A
YoY change
+$90
N/A
Price-to-rent
20.7x
Data unavailable
Frequently Asked Questions

What is the median home price in New Salem, Franklin County, MA?

TwinMarket currently shows a median home price of $389,790 for New Salem, Franklin County, MA.

What is the median rent in New Salem, Franklin County, MA?

The current TwinMarket market snapshot lists median monthly rent at $1,569 in New Salem, Franklin County, MA.

What is the GRM in New Salem, Franklin County, MA?

TwinMarket currently shows a GRM of 21.0x in New Salem, Franklin County, MA. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to New Salem, Franklin County, MA?

Comparable markets currently surfaced on TwinMarket for New Salem, Franklin County, MA include Shutesbury, Franklin County, MA, Millers Falls, Franklin County, MA, Wendell, Franklin County, MA. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the New Salem, Franklin County, MA market page updated?

The market data shown on this page was last updated on April 8, 2026.