Comprehensive market data and analysis• Updated Dec 2025
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 4 |
Acreage buckets
The median price for land in Salem, Connecticut is currently $29K per acre. For a typical parcel, the median sale price is $95K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $81K while premium lots reached $105K.
Salem, Connecticut is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Salem, Connecticut currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Salem, Connecticut averages $33K per acre. The median price per acre is $29K, which may be more representative of typical transactions. Most parcels sold are around 3.4 acres.
The 3-month absorption rate in Salem, Connecticut is 8.3%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Salem, Connecticut stands at $95K. This translates to roughly $29K per acre for the typical parcel size. The average price is $93K, showing a fairly consistent market.
The current absorption rate in Salem, Connecticut is 8.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Coldwell Banker Realty.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
