Salisbury, CT—06039
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Salisbury, CT
Home Price Trends — Salisbury, CT
As of Oct '25, the median home price in Salisbury, CT is $929,000, with a year-over-year change of 2.5%. This indicates that home prices in Salisbury, CT are increasing. According to Zillow, the 1-year price projection is 4.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $929,000 | 2.5% |
| Single Family | $924,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $521,000 | 2.8% |
3 Bed | $756,000 | 1.9% |
4 Bed | $1,283,000 | 2.3% |
| 5 Bed | $2,130,000 | 3.0% |
% of Housing Stock
Rental Trends — Salisbury, CT
As of July '25, Rentcast reports the average rent in Salisbury, CT is $4,150, with a year-over-year rent change of -17.0%. Per bedroom, the median rent as of July '25 in Salisbury, CT is 1-bedrooms: $2,200, 3-bedrooms: $4,880, 4-bedrooms: $4,280. The most common rental property sizes in Salisbury, CT are 2-bedroom and 1-bedroom, accounting for 45.9% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,800 | $4,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,200 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,750 | $4,880 |
| 4 Bed Rent | $3,800 | $4,280 |
% of Rental Stock
Property Listings — Salisbury, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Salisbury, CT is 93. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,000,000 | 2.0% |
Listing Count | 21 | -10.0% |
| Listings as % of Homes | 1.1% | -10.0% |
Days on Market | 93 | -13.0% |
Demographics — Salisbury, CT
As of the latest ACS Survey released in 2023, Salisbury, CT has a population of 1,960, which has decreased by -3.6% over the past 5 years. Salisbury, CT is a less popular place for families, as children make up 14.3% of the population. The area has a highly educated workforce, with 60.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,960 | -3.6% |
% Under 18 | 14.3% | -40.7% |
% Seniors | 23.1% | -11.2% |
% WFH | 35.2% | 286.8% |
% w/ College Degree | 60.3% | -2.6% |
As of the latest ACS Survey released in 2023, Salisbury, CT is a predominantly white area, with 81.1% of the population identifying as white. The white population has shrunk by 16.9% in the last 5 years. The second most common race or ethnicity in Salisbury, CT is black, making up 6.8% of the population. Foreign-born residents account for 10.5% of the population in Salisbury, CT, and this percentage has increased by 262.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.1% | -16.9% |
% Black | 6.8% | 2,166.7% |
% Hispanic | 6.4% | 2,033.3% |
% Asian | 2.5% | 257.1% |
% Foreign Born | 10.5% | 262.1% |
Mortgage and Risk — Salisbury, CT
According to HUD data as of 2023, there were 47 mortgage originations in Salisbury, CT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Salisbury, CT. Investor activity is low, as 0.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 23.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Salisbury, CT
Salisbury, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$910 | $2,200 | $1,290 |
| 2 Bedroom | N/A | N/A | $1,600 |
| 3 Bedroom | -$750 | $2,750 | $2,000 |
| 4 Bedroom | -$1,510 | $3,800 | $2,290 |
Affordability — Salisbury, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $929,000 |
| Median Household Income | $98,900 |