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Housing in Groton Long Point

A typical Groton Long Point home is worth roughly $970,000

The median sale price was $1,220,000 in February 2026.

Typical home value
$970K
▲ 11.2% in a year · CT $367K
Estimate
Median sale price
$1.22M
February 2026 · Redfin
Homes sold
1
in February
2-bedroom rent
$1,980
a month, utilities in · HUD
Median tax bill
$10,001
CT $6,643

Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Groton Long Point?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 5.6 years of income

More than across Connecticut (3.8 years). Try your own numbers below.

You could afford about
$661,000
Typical Groton Long Point home $970K

That’s $308K short of a typical Groton Long Point home.

The typical home, each month
$5,920
Loan $4,800Tax $830Insurance $280

A two-bedroom rents for about $1,980 a month here, $3,940 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Groton Long Point’s typical property tax (1.03% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 73% in 5 years

The federal house price index for the ZIP code around Groton Long Point rose 73% over the past 5 years, faster than across Connecticut (62%). Last year prices rose 11%.

Groton Long Point areaConnecticut
0%+50%+100%+150%+200%200020052010201520202025
+11%
past year
+73%
past 5 years
+100%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Groton Long Point, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

92% of Groton Long Point households own their home

Half of Groton Long Point’s homes were built before 1958.

Owners and renters
Own 92%Rent 8%

Connecticut: 67% own.

1958
typical home built · CT 1967
$10,001
median property tax bill · CT $6,643
1.03%
of a home’s value, a year in tax · CT 1.81%
53%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,980

Renters already here pay a median of $2,295.

Fair Market Rent a month, utilities included

Studio$1,370
1 bedroom$1,590
2 bedrooms$1,980
3 bedrooms$2,550
4 bedrooms$3,170
8%
of households rent · CT 34%
23
renter households
$2,295
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Norwich-New London-Willimantic, CT MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

1 new home permitted in 2025

Builders were permitted 1 new home in Groton Long Point in 2025. Over the past 10 years, Groton Long Point has permitted 21 homes in all.

Single-family
02468 200020052010201520202025
1
new homes permitted in 2025
0
2026 so far (Jan–Aug)
21
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+12
New homes+22

Between the 2010 and 2020 censuses, Groton Long Point gained 12 residents while 22 new homes were permitted: about 0.5 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 53% of Groton Long Point's homes are seasonal or vacation homes, which adds housing without adding residents. Across Connecticut: 0.6 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025110$480,000
2024220$1.3 million
2023110$350,000
2022110$400,000
2021550$3.6 million
2020000—
2019000—
2018330$2.5 million
2017550$2.2 million
2016330$1.9 million
2015110$580,000
2014220$1.3 million
2013440$2.7 million
2012110$878,000
2011110$350,000
2010220$1.8 million
2009440$2.4 million
2008880$2.7 million
2007550$2.5 million
2006660$2.6 million
2005880$3.1 million
2004550$1.3 million
2003660$2.3 million
2002330$1.3 million
2001550$1.9 million
2000770$1.7 million

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Groton Long Point buyers, sellers and renters are saying.

Town Square →
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Is Groton Long Point still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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