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Niantic, CT

Full City Profile · Connecticut · Southeastern Connecticut Planning Region County

3.7 /5.0
B+ Good
3,302 Population 2,187/sq mi density
$82,604 Median Income $52,167 per capita
$370,200 Home Value $482,432 Zillow
$1,473 Median Rent 28.1% income on rent
51°F Avg Temperature 275 sunny days/yr
333 Violent Crime/100K 2,205 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$82,604 median income, 0.8% unemployment
A
Affordability
4.2 / 5.0
$370,200 home value, $1,473/mo rent
F
Safety
1.0 / 5.0
333 violent crimes/100K
A+
Education
4.8 / 5.0
47.3% bachelor's degree or higher

Housing Overview

Median Home Value
$370,200
31% above
US avg: $281,900
Median Rent
$1,473/mo
27% above
US avg: $1,163/mo
Homeownership Rate
68.7%
5% above US avg (65.4%)
Total Housing Units
1,986
Median year built: 1952

Home Value by Source

Census Median
$370,200
Zillow (ZHVI)
$482,432
Median Sale Price
$475,000
Median List Price
$554,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.7%
Owner-Occupied
31.3%
Renter-Occupied
69%
31%
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: $1,473/mo

Market Indicators (Redfin)

Median Days on Market
8 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$530
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
68.7%

Complete Housing Data

Home Values

Census Median Value$370,200
Zillow Home Value (ZHVI)$482,432
Median Sale Price$475,000
Median List Price$554,950
Price Per Sq Ft$530

Rent

Census Median Rent$1,473
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 Market8
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory11
Price Per Sq Ft$530

Ownership & Stock

Owner-Occupied68.7%
Renter-Occupied31.3%
Homeownership Rate68.7%
Total Housing Units1,986
Median Year Built1952
Rent Burden28.1%