Salem, Connecticut.
Typical home $477,506 (+8.8% in a year). Norwich-New London, CT metro.
to buy the typical home at today's mortgage rate — +$1,549 (+162%) since Jan 2020.
- 1 year
- Up $38,673 +9%
- $438,834$477,506 since Sep 2025
- 5 years
- Up $149,741 +46%
- $327,766$477,506 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Salem$2,506
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Salem, CT rose 8.8% over the past year — faster than the nation's +1.2%.
Living in Salem, Connecticut
Salem is a town in . Half its households earn more than $123,245 a year and half less; 6% of its people live below the poverty line. 87% of its homes are lived in by their owners and 13% are rented. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Salem is a town in Connecticut where most homes are lived in by their owners, and household incomes are fairly high. Winters are cold, with regular snow, and summers are warm. Rain and melted snow fall through much of the year, so the seasons shape daily life here.
Work. Residents work in schools, hospitals and social care, in restaurants, hotels and entertainment, in manufacturing, and in the building trades. A majority of adults hold a degree, and a fair number of people work from home, though many still face a commute of some length.
Things to do. Gardner Lake lies in or beside town, which makes it an easy place for a day by the water. Devil's Hopyard State Park and Gillette Castle State Park are both a short drive away and offer protected land to walk through.
Report a mistake
- 1,764households
- 51%of adults have a degree
- 6%below the poverty line
- 32 mintypical commute
- 18%work from home
What residents work in
Employed residents by industry, from the Census survey.
Weather through the year
Coldest in January, with highs near 38° and lows near 21°; warmest in July, with highs near 84° and lows near 65°. About 28 inches of snow and 52 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Norwich Public Utility Plt weather station, 10 miles away (NOAA).
Natural hazards
- HurricanesRelatively high
- Inland floodingRelatively moderate
- Ice stormsRelatively moderate
- Winter weatherRelatively moderate
- LightningRelatively moderate
- Coastal floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across its planning region, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on and the Norwich-New London, CT metro.
Salem home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Salem$477,506
- Connecticut$447,319
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Salem12
New listings per month
Sellers arriving at the market.
- Salem8
Zip codes with a Salem address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Salem — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.