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Featured local agent — Groton, CT
Sarah Mitchell
Compass Real Estate · Groton, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Groton, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$245,000median sale price
How is the Groton, CT housing market right now?
The median home sale price in Groton, CT is $245,000, down 39.5% year-over-year. Homes sell in an average of 19 days with 8 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Groton a buyer's or seller's market?
Groton, CT is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
19
Fast-moving
Active listings
8
4.0 months supply
Sale-to-list
94.7%
Below asking
What does the Groton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $245,000 |
| Median list price | $415,000 |
| Year-over-year price change | -39.5% |
| Average days on market | 19 days |
| Active inventory | 8 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 94.7% |
| Median price per sq ft | $256/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 7 |
| Listings with a price cut | 25.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Groton by property type?
How the Groton, CT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $315,000 | $287/sq ft | 3 | 9 days |
| Condo / Co-op | $245,000 | $256/sq ft | 2 | 19 days |
Source: Redfin · Updated monthly
The Groton housing market is currently classified as a leaning buyer's with a median sale price of $245,000. Prices have fallen 39.5% compared to last year, with homes spending an average of 19 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Groton
There are currently 8 homes listed for sale in Groton, Connecticut. The median listing price is $415K.
Active listings
8
Homes on market
Median list price
$415K
Avg. days on market
19
Days until sale
New this week
7
Newly listed
Who lives in Groton?
Population
9,343
Median income
$69,811/yr
Median age
38.6 years
Owner-occupied
41.3%
College grads
34.7%
Avg commute
17.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Groton?
Zillow home value
$439,767
Zillow rent index
$2,129/mo
Price-to-rent ratio
17.2x
Price-to-income
6.3x
Source: Zillow Research
What is it like to live in Groton?
Groton is a community of approximately 9K residents with a median age of 38.6 years.The median household income is $69,811, which represents a working-class community with solid middle-income opportunities. 34.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 41.3%, showing a blend of owner and renter-occupied properties. The average commute time is 17.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Groton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Groton?
7 schools tracked · 4,094 students
The largest public schools serving Groton, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Robert E. Fitch High School
Grades 9-12 · 1,019 students
Groton Middle School
Grades 6-8 · 898 students
Ella T. Grasso Technical High School
Grades 9-12 · 674 students
Thames River Magnet School
Grades PK-5 · 531 students
Catherine Kolnaski Magnet School
Grades K-5 · 369 students
Charles Barnum Magnet School
Grades PK-5 · 332 students
Marine Science Magnet High School
Grades 9-12 · 271 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Groton, CT?
Want a head-to-head view? Compare Groton side-by-side with any other U.S. city using our market-comparison tool.
Is Groton a good real estate investment market?
For investors evaluating Groton, the price-to-rent ratio of 17.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 39.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Groton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Groton's median home price.
Frequently asked questions
What is the average home price in Groton?
The median home sale price in Groton is $245,000, down 39.5% from last year.
How long do homes stay on market in Groton?
Homes typically spend 19 days on market before going under contract.
What is the median income in Groton?
The median household income is $69,811 per year.
Is Groton a buyer's or seller's market?
With 4.0 months of supply, Groton is currently a leaning buyer's.
What is the Zillow home value estimate for Groton?
The Zillow Home Value Index (ZHVI) for Groton is $439,767, representing the typical home value in the area.
What is the median condo price in Groton?
The median condo/co-op sale price in Groton, CT is $245,000, compared to $315,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Groton?
The median single-family home price in Groton, CT is $315,000 (about $287 per square foot).
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