How much does it cost to buy a house in Gales Ferry, CT?

In May 2026 Gales Ferry homes were listed to buy for a median price of $379K, which is a 10% decrease to April 2025 last month, and a 9% decrease to May 2025 last year. The median value of a home listed to buy in Gales Ferry in May 2026 was $221 per sqft, which is a 1% decrease to April 2025 last month, and a 1% decrease to May 2025 last year.

Is it affordable or expensive to live in Gales Ferry, CT?

It is affordable to live in Gales Ferry. Buying a home in Gales Ferry is 1% less expensive compared with the national average.

Is it a good time to buy property in Gales Ferry, CT?

Yes now is a good time to buy property in Gales Ferry, in May 2026, homes in Gales Ferry have decreased in value (price per sqft) by 1% in the last year compared with May 2025.

Is the Gales Ferry, CT housing market slowing down?

The housing market in Gales Ferry is slowing down. In May 2026, homes to buy in Gales Ferry spent an median 11 days on the market, a 8% decrease from May 2025 last year.

How much money should I make to buy a house in Gales Ferry, CT?

In May 2026, Gales Ferry homes were listed to buy for a median price of $379K, with 25% down you would need $2.41K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $82.9K.

Is it a good time to sell my house in Gales Ferry, CT?

Yes now is a good time to sell your house in Gales Ferry, in May 2026, homes in Gales Ferry have decreased in value (price per sqft) by 1% in the last year compared with May 2025.