City

SALEM, CT

Norwich-New London, CT

Median home value: $441K (+5.5% YoY). Part of Norwich-New London, CT.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Norwich-New London, CT metro page.

Home Value$440,654
+5.5%
AFFORDABILITY

Enter your income for Salem.

$88,131 on $440,654
Out of reach — 48.8% of income

Need $130,843/yr to afford.

PITI$3,053
P/I48.8%
Afford$253K
Gap-$188K
P&I $2,114Tax $790Ins $150
6.00% 30yr, 20% down, county tax + CT ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Salem Housing Market | CrashWatch