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Salem, CT Homes for Sale under $200,000

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  • 103 Horse Pond Rd Unit D, Salem, CT 06420
    103 Horse Pond Rd Unit D, Salem, CT 06420
    103 Horse Pond Rd Unit D, Salem, CT 06420
    /26

    $137,900

    • 1 Bed
    • 1 Bath
    • 714 Sq Ft

    103 Horse Pond Rd Unit D, Salem, CT 06420

    Affordable Living Opportunity in Salem! This well-maintained one-bedroom, one-bath end unit offers a great opportunity for affordable homeownership. Conveniently located near Hartford, New London, Norwich, and Groton, it provides easy access to major routes and amenities. Features include shared card-operated laundry in the basement and a private storage locker. The HOA fee covers trash removal,

    Suzanne Szupiany Coldwell Banker Realty

    103 Horse Pond Rd Unit D, Salem, CT 06420
  • 306 Old Colchester Rd Unit 197, Salem, CT 06420
    306 Old Colchester Rd Unit 197, Salem, CT 06420
    306 Old Colchester Rd Unit 197, Salem, CT 06420
    /33

    $135,000

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft

    306 Old Colchester Rd Unit 197, Salem, CT 06420

    Seasonal Waterfront Community on Beautiful Gardner Lake. Updated Oakland Park Model on slab. Master Bedrm w/queen bed, closet, drawers & overbed cabinets, new replacement window. Bunk room w/closet, drawers & 2 new mattresses. Hall w/Closet space. Open kitchen, living area & full bath w/new chair height toilet. Kitchen has lots of cabinet space, 5 burner gas range, full size microwave & 25 cu ft

    Rose Warmingham Realty ONE Group Connect

    306 Old Colchester Rd Unit 197, Salem, CT 06420
Connecticut New London County Salem

Real Estate & Homes in Salem, CT under $200,000

Home Trends in Salem, CT

On average, homes in Salem, CT sell after 45 days on the market compared to the national average of 52 days. The median sale price for homes in Salem, CT over the last 12 months is $400,000, down 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$452,500
Median 2 Bedroom Sale Price
$137,500
Median 1 Bedroom Sale Price
$127,000
Average Price Per Sq Ft
$233
Number of Homes for Sale
8
Last 12 months Home Sales
55
Months of Supply
1.70
Median List Price
$419,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
How to Buy a Home How to Finance a Home How to Sell a Home

In Salem, you'll find a diverse selection of properties with 2 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Salem, CT.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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