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CondominiumResidential

306 Salem Tpke

NORWICH, CT 06360
2004
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 200327 units1,680–1,680 ft²
$7.7M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$284K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$169
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-23.5%vs the Norwich ZIP median sale $/ft² ($221)

Sales Performance

$140K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-48.1%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
3.7%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+1.1%per yeartypical hold 5.2 yrsfrom 31 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20022005200720132017202020222026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20022005200720132017202020222026

60 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$142K$207K$272K$337K1,680 ft²1,680 ft²1,680 ft²1,680 ft²1,680 ft²1,680 ft²
2 bd
2 bed
27 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2.5 ba · 1,680 ft²
25 units
2 bd · 3.5 ba · 1,680 ft²
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$142K–$142K
1 unit
$256K–$263K
4 units
$271K–$285K
10 units
$293K–$310K
7 units
$317K–$337K
5 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.85%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.4%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.12.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.14%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.37%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$298,405
Median tax billThe middle annual property tax bill among the building's units.$4,901
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 25Jul 1, 2026$140,000Unit 10May 7, 2025$270,000Unit 20Aug 17, 2023$205,000Unit 22Dec 7, 2022$226,000Unit 2Nov 9, 2022$195,000Unit 26May 4, 2022$195,000Unit 22Feb 16, 2022$186,000Unit 19Oct 12, 2021$179,000Unit 9Jul 27, 2021$178,000Unit 27Jun 15, 2021$189,900

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.33
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
9
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
51
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
92
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
16
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountySOUTHEASTERN CONNECTICUT
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Thomas W. Mahan SchoolC
Elementary · Grades PK–5 · 1.0 mi
M
Teachers' Memorial Global Studies Magnet Middle SchoolD-
Middle · Grades 6–8 · 2.4 mi

District: Norwich School District

Neighborhood · ZIP 06360These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.116
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.60

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.35,921
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,277 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,717
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,619
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.52 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

306 Salem Tpke # 1
2 bd · 3.5 ba · 1,680 ft²
$295K
306 Salem Tpke # 2
2 bd · 2.5 ba · 1,680 ft²
$279K
306 Salem Tpke
2 bd · 2.5 ba · 1,680 ft²
$261K
306 Salem Tpke # 4
2 bd · 2.5 ba · 1,680 ft²
$308K
306 Salem Tpke # 5
2 bd · 2.5 ba · 1,680 ft²
$276K
306 Salem Tpke
2 bd · 2.5 ba · 1,680 ft²
$271K
306 Salem Tpke # 7
2 bd · 2.5 ba · 1,680 ft²
$257K
306 Salem Tpke # 8
2 bd · 2.5 ba · 1,680 ft²
$256K
306 Salem Tpke # 9
2 bd · 2.5 ba · 1,680 ft²
$280K
306 Salem Tpke # 10
2 bd · 2.5 ba · 1,680 ft²
$310K
306 Salem Tpke # 11
2 bd · 3.5 ba · 1,680 ft²
$337K
306 Salem Tpke # 12
2 bd · 2.5 ba · 1,680 ft²
$285K
306 Salem Tpke # 13
2 bd · 2.5 ba · 1,680 ft²
$284K
306 Salem Tpke # 14
2 bd · 2.5 ba · 1,680 ft²
$301K
306 Salem Tpke # 15
2 bd · 2.5 ba · 1,680 ft²
$326K
306 Salem Tpke # 16
2 bd · 2.5 ba · 1,680 ft²
$271K
306 Salem Tpke # 17
2 bd · 2.5 ba · 1,680 ft²
$263K
306 Salem Tpke # 18
2 bd · 2.5 ba · 1,680 ft²
$317K
306 Salem Tpke # 19
2 bd · 2.5 ba · 1,680 ft²
$299K
306 Salem Tpke # 20
2 bd · 2.5 ba · 1,680 ft²
$318K
306 Salem Tpke # 21
2 bd · 2.5 ba · 1,680 ft²
$321K
306 Salem Tpke # 22
2 bd · 2.5 ba · 1,680 ft²
$293K
306 Salem Tpke # 23
2 bd · 2.5 ba · 1,680 ft²
$279K
306 Salem Tpke # 24
2 bd · 2.5 ba · 1,680 ft²
$273K
306 Salem Tpke # 25
2 bd · 2.5 ba · 1,680 ft²
$142K
306 Salem Tpke # 26
2 bd · 2.5 ba · 1,680 ft²
$282K
306 Salem Tpke # 27
2 bd · 2.5 ba · 1,680 ft²
$293K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 306 Salem Tpke

How many units are in 306 Salem Tpke, Norwich, CT?

306 Salem Tpke, Norwich, CT has 27 residential units across built in 2003, according to county assessor records.

What is a unit at 306 Salem Tpke, Norwich, CT worth?

The median TopHap Estimate across the 27 units at 306 Salem Tpke, Norwich, CT is $283,894. That works out to $169 per square foot. Units run from 1,680 to 1,680 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 306 Salem Tpke, Norwich, CT expensive for Norwich?

Units at 306 Salem Tpke, Norwich, CT carry a median of $169 per square foot, 24% below the Norwich median of $221 per square foot.

How often do units sell at 306 Salem Tpke, Norwich, CT?

1 units at 306 Salem Tpke, Norwich, CT sold in the last 12 months, out of 60 recorded arms-length sales all time. That is a turnover rate of 3.7% of the building per year. The median sale over that period was $140K.

Have units at 306 Salem Tpke, Norwich, CT appreciated?

Across 31 repeat sales of the same unit, 306 Salem Tpke, Norwich, CT returned a median 1.1% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.2 years.

What floor plans does 306 Salem Tpke, Norwich, CT have?

The most common plan at 306 Salem Tpke, Norwich, CT is a 2-bedroom of 1,680 square feet, repeated 25 times, with a median estimate of $282,402. TopHap identifies 2 recurring plans in the building.

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