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Salem Four Corners

SALEM, CT 06420

Real Estate Market Report  ·  Southeastern Connecticut Planning Region County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The SALEM, CT real estate market (06420) currently shows 21 active listings, with 14 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 28 days on market compared to 47 days last year.

The median listing price has risen 4.6% year-over-year, from $512,450 to $536,200.

Whether you are buying or selling in SALEM, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,307  ·  Density: 56.3/mi²  ·  Median household income: $114,855

Typical home value: $362,413  ·  Homeownership: 87.9%

Market Overview

Active Listings
21
⇧ 10.5% vs 19 last year
Pending
14
67% pending ratio
Median Price
$536,200
⇧ 4.6% vs $512,450 last year
Average Price
$571,375
⇧ 14.8% vs $497,636 last year
Days on Market
28
⇩ 40.4% vs 47 days last year

Price Per Square Foot

Median $/sqft
$246
⇩ 12.1% vs $280/sqft last year
Median Home Size
2,233 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 19 last year
  • Days on market: 28 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $536,200 (+4.6% YoY)
  • Average: $571,375 (+14.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.9 miles — 257 listings ($205,720,490 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06420Salem, CT 064200.0 mi8$3,647,856$171,225$455,982
06334Bozrah, CT 063346.3 mi4$1,586,500$394,975$396,625
06423East Haddam, CT 064236.5 mi14$17,730,958$1,300,000$1,266,497
06333East Lyme, CT 063336.9 mi30$28,308,120$1,055,000$943,604
06371Old Lyme, CT 063718.9 mi28$46,663,540$962,500$1,666,555
06469Moodus, CT 064699.5 mi11$4,786,749$411,500$435,159
06360Norwich, CT 0636010.2 mi103$40,820,857$290,450$396,319
06231Amston, CT 0623111.1 mi3$1,736,175$578,725$578,725
06357Niantic, CT 0635711.2 mi26$16,311,880$482,500$627,380
06426Essex, CT 0642611.3 mi10$12,907,780$1,066,225$1,290,778
06380Taftville, CT 0638012.4 mi4$700,000$175,000$175,000
06438Haddam, CT 0643812.6 mi3$7,500,000$2,500,000$2,500,000
06417Deep River, CT 0641712.9 mi13$23,020,075$625,000$1,770,775

Frequently Asked Questions

How many homes are for sale in SALEM, CT 06420?

As of June 2026, there are 21 active listings in SALEM, CT (zip code 06420), compared to 19 the prior year.

What is the median home price in SALEM, CT 06420?

The median listing price in SALEM, CT 06420 is $536,200 as of June 2026, a 4.6% increase from $512,450 the prior year.

How long do homes stay on the market in SALEM, CT?

Homes in SALEM, CT 06420 spend an average of 28 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in SALEM, CT 06420?

Based on current inventory and days-on-market data as of June 2026, SALEM, CT 06420 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 28 days on market compared to 47 days last year.

How much can I save on real estate commission in SALEM, CT?

With SELL123.com's maximum 3% commission, sellers in SALEM, CT 06420 save an estimated $10,724 compared to a typical 5% commission on the median listing price of $536,200. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.