Municipal rate
0.25%
Median home sale
$402,500
Conveyance tax at the median
$4,025
Home sales, 2024–25
54

What Salem charges

Salem charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge.

The state adds its own tax on top. For a home or condominium it is 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% of anything above that — see how the brackets work. In most Connecticut residential sales the seller pays both, unless an exemption or a contract term says otherwise; see who pays the conveyance tax.

On Salem’s median home sale of $402,500, that is $3,019 to the state and $1,006 to the town, or $4,025 in all.

Home sale prices in Salem

54 single-family homes and condominiums sold at arm's length in Salem between October 2024 to September 2025. The median was $402,500, and the middle half of sales fell between $262,916 and $536,175.

TypeSalesMedian
Single-family46$446,650
Condominium8Too few

The median moved from $269,000 in the 2015 list year to $402,500 in 2024, a change of +50 percent.

Median home sale price in Salem, by year The median sale price of single-family homes and condominiums in Salem, by assessment list year, from $269,000 in 2015 to $402,500 in 2024. A year is left blank when the town reported fewer than 5 sales, or none, which is usual in its revaluation year. $0 $250k $500k 2015201820212024 $402,500 Median sale price
Median single-family and condominium sale, Salem, by list year (a list year runs October to September). Arm’s-length sales only. A break in the line is a year the town reported no sales to the state, usually its revaluation year. Source: Connecticut Office of Policy and Management sales data.

Run sale by sale at today’s rates, Salem’s 2024–25 home sales carried an estimated $212,387 in conveyance tax: $159,290 to the state and $53,097 to the town. That ranks 141 of the state’s 169 towns. The town-by-town study has every town and how the estimate is built.

Nearby towns

TownMunicipal rateMedian saleTax at median
Bozrah0.25%$370,000$3,700
Colchester0.25%$408,500$4,085
East Haddam0.25%$400,000$4,000
East Lyme0.25%$496,250$4,963
Lebanon0.25%$372,500$3,725
Lyme0.25%$649,000$6,490
Montville0.25%$340,000$3,400
Salem in dark green, the towns next to it in light green. Every town on the map opens its own page. Boundaries: U.S. Census Bureau 2023 cartographic boundary file, public domain.

Common questions

What is the conveyance tax in Salem, CT?
Salem charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge. The state adds its own tax on top: for a home or condominium, 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% above that.
How much is the conveyance tax on a typical Salem home sale?
On Salem's median single-family or condominium sale of $402,500, the state and town conveyance tax comes to $4,025: $3,019 to the state and $1,006 to the town.
What do homes sell for in Salem, CT?
The median arm's-length single-family or condominium sale in Salem was $402,500 between October 2024 to September 2025. The middle half of sales fell between $262,916 and $536,175.
Who pays the conveyance tax when a home sells in Salem?
In most Connecticut residential sales the seller pays both the state and the municipal conveyance tax, unless an exemption, a special rule or a contract term says otherwise.

Sources

Sale prices are single-family and condominium sales with no assessor non-use code, which leaves out family transfers, foreclosures and other sales that are not at a market price. Tax figures apply today’s rates. Data last updated by the state on 2026-08-12.

General information about Connecticut real estate transactions, not legal advice. Every transaction is different.