A typical Noank home is worth roughly $714,000
Home prices around Noank have risen about 73% over the past 5 years.
Only 1 sale in May 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 Noank?
Read from the numbers below. The page puts what stands out first.
Home prices up 73% in 5 years
The federal house price index for the ZIP codes around Noank rose 73% over the past 5 years, faster than across Connecticut (62%). Last year prices rose 11%. Carrying the Census median home value forward with that index puts the typical Noank home at roughly $714,000 today.
Carrying the Census median forward with the index puts a typical home at about $714K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Noank, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 5 years of income
About the same as across Connecticut. Try your own numbers below.
That’s $188K short of a typical Noank home.
A two-bedroom rents for about $2,010 a month here, $2,550 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Noank’s typical property tax (1.38% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
80% of Noank households own their home
Half of Noank’s homes were built before 1953.
Connecticut: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A two-bedroom rents for about $2,010
Renters already here pay a median of $978, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
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.
Noank vs. its neighbors
Noank is the priciest of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Noank | $714K* | +11.1%† | $2,010 | — | $143,583 |
| Poquonock Bridge | $220K* | +11.2%† | $1,980 | — | $36,940 |
| Groton | $340K* | +11.1%† | $2,050 | 20 | $88,284 |
| Stonington | $483K* | +1.4%† | $2,030 | 39 | $114,797 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Noank buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community 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.