House Prices

Gardner Lake Salem, CT House Prices & Home Values 2026


Average Data

average house price$345,139
average size per house1977 ft²
average price per ft²170 $ / ft²

06/26/2026 - The value range (VR) for house prices in Gardner Lake Salem, CT is $161.5/ sqft to $178.5/ sqft. An average home with 1977 sqft costs approximately $309,069 to $341,602. Salem, CT includes 1 ZIP codes and it is located in New London county. The lowest prices are found in ZIP 06420, while the highest are in ZIP 06420. The average price per sqare feet is $170. Our analysis is based on 24 property listings.

Avergage prices by ZIP codes Gardner Lake Salem

06420153 $ / ft²




Historical development of home values in Gardner Lake Salem

Year Estimated value (USD) Change vs. 2025
2010 $160,289 -53.6%
2011 $154,090 -55.4%
2012 $153,676 -55.5%
2013 $159,420 -53.8%
2014 $167,347 -51.5%
2015 $175,935 -49.0%
2016 $185,117 -46.4%
2017 $195,108 -43.5%
2018 $205,895 -40.3%
2019 $215,442 -37.6%
2020 $226,579 -34.4%
2021 $257,710 -25.3%
2022 $300,432 -13.0%
2023 $316,819 -8.2%
2024 $335,147 -2.9%
2025 $345,139 0.0%

Graph: estimated home values in Gardner Lake Salem over time (USD)



Example: 100% financing house in Gardner Lake Salem

Loan amount: $345,139

Interest rate: 5.81%

Fixed monthly payment: $2,026.87

Breakdown in the 1st month:
Interest portion: $1,670.47  –  Principal portion: $356.40

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,929.97 $4,392.50 $340,746.50
2 $19,667.95 $4,654.52 $336,091.98
3 $19,390.30 $4,932.16 $331,159.82
4 $19,096.09 $5,226.37 $325,933.44
5 $18,784.33 $5,538.14 $320,395.31
6 $18,453.97 $5,868.49 $314,526.82
7 $18,103.91 $6,218.56 $308,308.26
8 $17,732.97 $6,589.50 $301,718.76
9 $17,339.89 $6,982.57 $294,736.19
10 $16,923.37 $7,399.09 $287,337.10
11 $16,482.01 $7,840.46 $279,496.64
12 $16,014.32 $8,308.15 $271,188.49
13 $15,518.72 $8,803.74 $262,384.75
14 $14,993.57 $9,328.90 $253,055.85
15 $14,437.09 $9,885.38 $243,170.47
16 $13,847.41 $10,475.05 $232,695.41
17 $13,222.56 $11,099.91 $221,595.51
18 $12,560.44 $11,762.03 $209,833.48
19 $11,858.82 $12,463.65 $197,369.83
20 $11,115.34 $13,207.12 $184,162.71
21 $10,327.52 $13,994.94 $170,167.76
22 $9,492.71 $14,829.76 $155,338.00
23 $8,608.09 $15,714.38 $139,623.63
24 $7,670.71 $16,651.76 $122,971.87
25 $6,677.41 $17,645.06 $105,326.81
26 $5,624.86 $18,697.61 $86,629.20
27 $4,509.52 $19,812.95 $66,816.25
28 $3,327.65 $20,994.81 $45,821.44
29 $2,075.28 $22,247.18 $23,574.26
30 $748.21 $23,574.26 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Gardner Lake Salem, CT


1500 sqft3900 sqft
Ø selling price$298,677$635,367
Ø fast selling$271,524$571,830
Ø high price sale$325,829$698,903

In 2026, houses in Gardner Lake Salem, CT will be offered at an average price of $170 per square foot. A 1,500 sqft home priced at $298,677 is 22.26% more expensive per square foot than a 3,900 sqft home priced at $635,367. Home prices in Gardner Lake Salem, CT vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $439,869. Sellers who can wait longer may achieve a higher price of up to $537,618.

FAQ – Home Values in Gardner Lake Salem

What is the median home value in Gardner Lake Salem in 2026?

In 2026, the typical home value in Gardner Lake Salem is about $345,139 for an average home size of 1977 square feet. This corresponds to an average price of roughly $170 per square foot.

What is the average cost per square foot in Gardner Lake Salem?

In 2026, homes in Gardner Lake Salem sell for an average of around $170 per square foot, with a typical range between $161.5 and $178.5 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Gardner Lake?

The average home size in Gardner Lake Salem is about 1977 square feet, with an estimated 2026 value around $345,139.



Neighborhoods close to Gardner Lake Salem, CT

Durham Center Durham, CT217 $ / ft²
East Haddam Village East Haddam, CT147 $ / ft²
Lake Pocotopaug East Hampton, CT189 $ / ft²
East Derby Derby, CT168 $ / ft²
Deep River Center Deep River, CT156 $ / ft²
River Highlands Cromwell, CT155 $ / ft²
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