Salem CT Multi Family for Sale

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Salem Real Estate

The median home value in Salem, CT is $400,000. This is higher than the county median home value of $320,100. The national median home value is $338,100. The average price of homes sold in Salem, CT is $400,000. Approximately 79.38% of Salem homes are owned, compared to 13.96% rented, while 6.67% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!

Salem, Connecticut has a population of 4,186. Salem is more family-centric than the surrounding county with 31.85% of the households containing married families with children. The county average for households married with children is 27.48%.

The median household income in Salem, Connecticut is $108,953. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Salem is 37.9 years.

Salem Weather

The average high temperature in July is 82.6 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 50.6 inches per year, with 32.1 inches of snow per year.

Salem Real Estate Market Conditions

  • Median sales price

    $400,000
    13.4% change since last quarter
  • # Active listings

    11
    30-day change

Salem Schools and Demographics

Education near Salem, CT

Metric City County
High School Graduates 98.29 93.04
College Degree - 2 year 8.54 8.9
College Degree - 4 year 56.71 34.56
Graduate Degree 17.46 11.84
Expenditures per Student 26,209 26,209
Students per Teacher 11.7 11.7

Elementary Schools near Salem, CT

School Grades Students P/T Ratio ZIP
Colchester Elementary School PK - 02 542 14.7 06415
Dr. Charles E. Murphy School KG - 05 344 12.4 06370
Fields Memorial School PK - 08 209 9.5 06334
Flanders School KG - 04 348 11.9 06333
Integrated Preschool PK - PK 46 15.3 06333
Jack Jackter Intermediate School 03 - 05 585 14.4 06415
Oakdale School KG - 05 309 10.6 06370
Pre School Program PK - PK 62 06370
Salem Elementary School PK - 08 392 13.1 06420

Middle Schools near Salem, CT

School Grades Students P/T Ratio ZIP
Leonard J. TYL Middle School 06 - 08 552 10.7 06370
William J. Johnston Middle School 06 - 08 626 13.4 06415

High Schools near Salem, CT

School Grades Students P/T Ratio ZIP
Bacon Academy 09 - 12 886 11.8 06415
East Lyme High School 09 - 12 1,053 10.8 06333
Montville High School 09 - 12 700 11.4 06370

Ungraded Schools near Salem, CT

School Grades Students P/T Ratio ZIP
* Coastal Connections 09 - 12 16 06333

Demographics near Salem, CT

Metric City County
Neighborhood Type Small town
Population 4,186 269,131
Population Density 145 405
Median Age 37.9 41.4
People per Household 2.5 2.4
Median Household Income 108,953 79,040
Average Income per Capita 51,289 42,312