Market Summary

Groton Long Point, New London County, CT

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Median Home Price Price

$1,172,265 $1.2M

Median Monthly Rent Rent

$1,562 $1.6K

GRM

62.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within New London County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within CT outside of New London County

Region Price Rent GRM Display
$2,097,147 $4,101 43.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CT

Region Price Rent GRM Display
$467,525 $1,663 23.0x
$1,697,079 $2,394 59.0x
$749,093 $1,783 35.0x
$870,669 $1,324 55.0x
$607,015 $1,760 29.0x
$848,540 $1,682 42.0x
$403,389 $1,569 22.0x
$1,437,086 $2,641 45.0x
$1,119,553 $2,832 33.0x
$274,112 $1,580 15.0x
$1,507,351 $2,501 50.0x
$823,438 $2,390 29.0x
$709,990 $1,646 36.0x
$883,402 $2,161 34.0x
$265,038 $1,603 14.0x
$561,644 $1,394 34.0x
$945,599 $2,140 37.0x
$332,005 $1,770 16.0x
$838,564 $1,819 38.0x
$485,149 $1,570 26.0x
$1,157,724 $1,305 74.0x
$982,174 $2,368 35.0x
$1,108,024 $2,391 39.0x
$526,563 $1,583 28.0x
$232,761 $1,382 14.0x
$1,046,068 $2,087 42.0x
$460,917 $1,682 23.0x
$560,339 $1,694 28.0x
$261,771 $1,337 16.0x

Home prices

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Monthly rent

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GRM

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Groton Long Point

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Trend Insights

Median Rent in Groton Long Point, CT is $1,562, with MoM change +$19 and YoY change +$154 pointing to positive momentum while volatility is low (std $39).

Benchmark Markets Side by Side

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Metric
Base market Groton Long Point, CT
Compare market Select a market
Delta vs base
Median rent
$1,562
N/A
Median price
$1,172,265
N/A
YoY change
+$154
N/A
Price-to-rent
62.5x
Data unavailable
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