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market report · 06420
Salem, CT · 06420
7 active listings$575,000 median ask$2,336 est. rent0.4% price/rent
$575,000
Median list price
$2,336/mo
Estimated rent
0.4%
Price / rent ratio
7
Listings
FHFA home price index · 2016–2025
79.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.16
Median rent / sqft
7 comps
$240.11
Median sold / sqft
7 comps
—
Walkability
4.7%
Area unemployment
BLS LAUS
Median household income $123,425 · median home value $405,800 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 52).
1 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
306 Old Colchester Rd, Salem, CT 06420
Salem, CT
$127,000$1,411/mo1.1%
146 Witch Meadow Rd, Salem, CT 06420
Salem, CT
$190,000$1,946/mo1%
690 West Rd, Salem, CT 06420
Salem, CT
$695,000$4,327/mo0.6%
104 Music Vale Rd, Salem, CT 06420
Salem, CT
$599,500$3,564/mo0.6%
308 Old Colchester Rd, Salem, CT 06420
Salem, CT
$499,900$2,336/mo0.5%
38 Emerald Glen Ln, Salem, CT 06420
Salem, CT
$1,250,000$5,518/mo0.4%