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Groton, CT

Full City Profile · Connecticut · Southeastern Connecticut Planning Region County

3.2 /5.0
B Good
9,343 Population 3,033/sq mi density
$69,811 Median Income $42,438 per capita
$278,900 Home Value $411,359 Zillow
$1,179 Median Rent 29.1% income on rent
51°F Avg Temperature 275 sunny days/yr
178 Violent Crime/100K 1,104 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$69,811 median income, 4.3% unemployment
A
Affordability
4.4 / 5.0
$278,900 home value, $1,179/mo rent
F
Safety
1.0 / 5.0
178 violent crimes/100K
B+
Education
3.8 / 5.0
34.7% bachelor's degree or higher

Housing Overview

Median Home Value
$278,900
1% below
US avg: $281,900
Median Rent
$1,179/mo
1% above
US avg: $1,163/mo
Homeownership Rate
41.3%
37% below US avg (65.4%)
Total Housing Units
5,199
Median year built: 1970

Home Value by Source

Census Median
$278,900
Zillow (ZHVI)
$411,359
Median Sale Price
$671,250
Median List Price
$315,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

41.3%
Owner-Occupied
58.7%
Renter-Occupied
41%
59%
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: $1,179/mo · Zillow rent: $2,102/mo

Market Indicators (Redfin)

Median Days on Market
263 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$266
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
41.3%

Complete Housing Data

Home Values

Census Median Value$278,900
Zillow Home Value (ZHVI)$411,359
Median Sale Price$671,250
Median List Price$315,000
Price Per Sq Ft$266

Rent

Census Median Rent$1,179
Zillow Rent (ZORI)$2,102
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 Market263
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory8
Price Per Sq Ft$266

Ownership & Stock

Owner-Occupied41.3%
Renter-Occupied58.7%
Homeownership Rate41.3%
Total Housing Units5,199
Median Year Built1970
Rent Burden29.1%