Groton, CT housing market

New London CountyNorwich, CT metroData through Sep 2026
Typical home value
$445K
▲ 6.2% 1 yr
Typical rent
$2,219/mo
▲ 9.9% 1 yr
Gross rent yield
6.0%
U.S. 6.3%
5-year home value change
+41%
U.S. +20%

Key takeaways

  • 1The typical home in Groton is worth $444,923, up 6.2% over the past year and up 41% over five years.
  • 2Typical rent is $2,219 a month (+9.9% YoY), a gross rent yield of 6.0% (above the Norwich, CT metro's 5.8%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $2,445/mo, $226 more than typical rent.
  • 4Zillow forecasts the Norwich, CT metro's home values to change +4.5% over the next 12 months.
Market temperature (Norwich, CT metro)
Seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 61/100, #30 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value, Groton
Latest $445K
$243K$306K$368K$431K2016201920222025
Typical monthly rent, Groton
Latest $2,219
$1,707$1,866$2,024$2,1832023202420252026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Groton compares

MeasureGrotonNorwich, CT metroUnited States
Typical home value$444,923$430,914$366,157
Home value, 1-yr change+6.2%+7.0%+1.2%
Typical rent$2,219$2,099$1,932
Rent, 1-yr change+9.9%+5.6%+2.7%
Gross rent yield6.0%5.8%6.3%
Price-to-rent ratio16.717.115.8
Mortgage P&I, typical home$2,445$2,368$2,012

Run the numbers

Other cities in the Norwich, CT metro

Norwich, CT metro report →Connecticut housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.