Preston, New London County, CT

Median Home Price Price

$384,909 $384.9K

Median Monthly Rent Rent

$1,889 $1.9K

17.0x

Market Snapshot

Preston, New London County, CT is a city market with a median home price of $384,909, a median monthly rent of $1,889, a GRM of 17.0x, and a price-to-rent ratio of 17.0.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Sprague Explore deeper
$334K $1.9K 15.0x
Salem
$427K $1.9K 19.0x
Bozrah
$364K $1.9K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Bristol, Hartford County, CT Explore deeper
$319K $1.8K 15.0x
Sterling, Windham County, CT
$375K $1.6K 20.0x
Vernon Rockville, Tolland County, CT
$319K $1.9K 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Salisbury, Merrimack County, NH Explore deeper
$426K $2.5K 14.0x
Northfield, Merrimack County, NH
$412K $1.8K 19.0x
Loudon, Merrimack County, NH Explore deeper
$481K $1.7K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Preston

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Benchmark comparison

Compare Preston, CT to another market.

Compare to Sprague, CT
Preston, CT
Sprague, CT
Delta
Median rent
$1,889
N/A
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Median price
$384,909
N/A
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YoY change
+$191
N/A
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Price-to-rent
17.0x
Data unavailable
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Key takeaways

  • Preston, New London County, CT has a middle-grm screening profile: At 17.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $191 year over year.
  • Next discovery step: compare Sprague, New London County, CT from the Same county set.