Salem, New London County, CT Housing Trends, Rent, Price-to-Rent

Market Summary

Salem, New London County, CT

Median Home Price Price

$426,731 $426.7K

Median Monthly Rent Rent

$1,863 $1.9K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Salem, CT is $1,863, with MoM change +$21 and YoY change +$176 pointing to positive momentum while volatility is low (std $45).

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Metric

Base market Salem, CT

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Delta vs base

Median rent

$1,863

N/A

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Median price

$426,731

N/A

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YoY change

+$176

N/A

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Price-to-rent

19.1x

Data unavailable

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