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Gales Ferry, CT
Full City Profile · Connecticut · Southeastern Connecticut Planning Region County
2.6
/5.0
C+
Fair
1,027
Population
1,059/sq mi density
$282,800
Home Value
$404,290 Zillow
$2,178
Median Rent
29.5% income on rent
52°F
Avg Temperature
275 sunny days/yr
333
Violent Crime/100K
2,205 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
333 violent crimes/100K
A
Education
4.2 / 5.0
40.4% bachelor's degree or higher
Housing Overview
Median Home Value
$282,800
0% below
US avg: $281,900
Median Rent
$2,178/mo
87% above
US avg: $1,163/mo
Homeownership Rate
75.1%
15% above US avg (65.4%)
Total Housing Units
529
Median year built: 1963
Home Value by Source
Census Median
$282,800
Zillow (ZHVI)
$404,290
Median Sale Price
$409,950
Median List Price
$380,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.1%
Owner-Occupied
24.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent:
$2,178/mo
Market Indicators (Redfin)
Median Days on Market
30 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
75.1%
Complete Housing Data
Home Values
| Census Median Value | $282,800 |
| Zillow Home Value (ZHVI) | $404,290 |
| Median Sale Price | $409,950 |
| Median List Price | $380,000 |
| Price Per Sq Ft | $203 |
Rent
| Census Median Rent | $2,178 |
| FMR Studio | $1,351 |
| FMR 1-Bedroom | $1,590 |
| FMR 2-Bedroom | $1,955 |
| FMR 3-Bedroom | $2,415 |
| FMR 4-Bedroom | $2,824 |
Market
| Days on Market | 30 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 10 |
| Active Inventory | 3 |
| Price Per Sq Ft | $203 |
Ownership & Stock
| Owner-Occupied | 75.1% |
| Renter-Occupied | 24.9% |
| Homeownership Rate | 75.1% |
| Total Housing Units | 529 |
| Median Year Built | 1963 |
| Rent Burden | 29.5% |