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Gales Ferry Homes for Sale

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  • /17

    $599,000

    $50K PRICE DROP
    • 3 Beds
    • 4 Baths
    • 2,808 Sq Ft

    83 Inchcliffe Dr, Gales Ferry, CT 06335

    This three family was built in 2014 featuring an ADA compliant 1st floor unit equipped with high end finishes including granite countertops and hard wood flooring, complete with a high efficiency mini split. The second floor unit is subject to a deed restricted affordable housing program (8-30 G), with a max estimated rent of $1,400; however, all prospective buyers must perform their own due

    Connor Wenchell VC Property Group, LLC

    83 Inchcliffe Dr, Gales Ferry, CT 06335
  • /40

    $425,000

    Open Fri 5PM - 6PM Coming Soon
    • 3 Beds
    • 1.5 Baths
    • 1,774 Sq Ft

    7 Harvard Terrace, Gales Ferry, CT 06335

    Welcome to 7 Harvard Terrace in Gales Ferry, a beautifully updated 3-bedroom, 1.5-bath ranch situated on .76 acres right on Cranberry Pond, offering views and access! Since 2022, the owners have made extensive improvements throughout, including central air, a new hot water heater, oil tank, refinished hardwood floors, updated bathrooms, and professional exterior painting. The renovated kitchen

    Kristopher Tramont Real Broker CT, LLC

    7 Harvard Terrace, Gales Ferry, CT 06335

Why Live in Gales Ferry

Gales Ferry, located on the eastern bank of the Thames River in Ledyard, Connecticut, is a historic neighborhood with homes dating back to the 18th and 19th centuries. This area, known for its rural and residential feel, features narrow roads, dense tree cover, and a landscape dotted with ponds and streams. The neighborhood is home to a variety of housing options, including historic Victorians with wrap-around porches, 1920s Craftsman-style homes, and midcentury ranches, many of which sit on large plots of land. Gales Ferry’s small downtown along Route 12 includes eateries like Fireside Brick Oven and Sunny Side Diner, as well as Bro’s Barbershop and Triple B: Best Burgers and Brews. The area also features Erickson Park, a scenic spot for kayaking and picnicking, and the Gales Ferry Marina, which offers dockage and boating services. The neighborhood is served by the Ledyard School District, with Ledyard High School being highly rated. Gales Ferry is safer than the national average, making it a secure place for families. The area is car-dependent, but SEAT buses provide public transportation, and the New London Amtrak station is 8 miles away. Flood risks exist near Smith Pond, Pine Swamp Brook, and low-lying areas in the southern part of the neighborhood.

Gales Ferry, Ledyard, CT Home Prices vs. Nearby Neighborhoods

Gales Ferry Montville Waterford
Median Home Price
$399,500
$375,000
$432,000
Median Sale Price
$400,000
-6% YoY
$380,000
+7% YoY
$425,000
+6% YoY
Median Single Family Price
$395,000
$396,000
$470,000
Median Townhouse Price
--
$184,000
$350,000
Median Condo Price
--
$182,000
$319,000
Total Active Listings
1 listing
22 listings
36 listings
Market Conditions
1 Month of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Gales Ferry a good place to live?
Gales Ferry is a good place to live. Gales Ferry is considered very car-dependent and somewhat bikeable with minimal transit options. It has a median age of 42. The average household income is $80,499 which is below the national average. College graduates make up 32.3% of residents. A majority of residents in Gales Ferry are home owners, with 15% of residents renting and 85% of residents owning their home. A local real estate agent serving Gales Ferry can help you decide if this neighborhood is the right one for you. Learn more on our Gales Ferry neighborhood guide.
How much do you need to make to afford a house in Gales Ferry?
The median home price in Gales Ferry is $399,500. If you put a 20% down payment of $79,900 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $2,060 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $88K a year to afford the median home price in Gales Ferry. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gales Ferry is $80K.
What are the best public schools in Gales Ferry?
The best public schools that serve Gales Ferry are:
  • Ledyard High School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 3.8.
  • Ledyard Middle School has a C+ Niche grade, a student teacher ratio of 12:1 and an average review score of 2.2.
What are the best private schools in Gales Ferry?
The best private schools that serve Gales Ferry are:
What are the most popular zip codes in Gales Ferry, Ledyard, CT?
The most popular zip codes in Gales Ferry, Ledyard, CT include 06335, 06382, 06375, 06340 and 06339.
What are the most popular neighborhoods near Gales Ferry, Ledyard, CT?
The most popular neighborhoods near Gales Ferry, Ledyard, CT are Oxoboxo River, Long Hill, Downtown New London, Willetts and East Great Plains.
Are home prices dropping in Gales Ferry?
Yes, home prices in Gales Ferry are down 3% in the last 12 months.
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