Stonington, CT housing market
The typical Stonington home is worth about $647,000, up 8.3% in a year, 43% above the Connecticut typical home. Homes typically sell in 61 days, below asking.
Home values, sales, trends and how Stonington compares with the towns next door — updated as new data is published.
Stonington at a glance
A seller's market
Supply is tight — about 3.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Stonington | Connecticut |
|---|---|---|
| 2017 | $325,000 | $248,000 |
| 2018 | $342,000 | $256,000 |
| 2019 | $352,000 | $258,000 |
| 2020 | $357,000 | $264,000 |
| 2021 | $398,000 | $293,000 |
| 2022 | $451,000 | $326,000 |
| 2023 | $498,000 | $357,000 |
| 2024 | $546,000 | $395,000 |
| 2025 | $583,000 | $420,000 |
| 2026 | $616,000 | $438,000 |
| August 2026 | $647,000 | $451,000 |
No new homes permitted in 2021
No permits for new homes were issued in Stonington in 2021. The last year with any was 2018 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Stonington gained 47 residents while 7 new homes were permitted: about 6.7 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Connecticut: 0.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $260,000 |
| 2017 | 3 | 3 | 0 | $5.8 million |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $256,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 0 | 2 | $166,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 2 | 2 | 0 | $605,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 2 | 2 | 0 | $555,000 |
| 2003 | 35 | 1 | 34 | $15.8 million |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 1 | 1 | 0 | $100,000 |
| 2000 | 0 | 0 | 0 | — |
Stonington's permit office didn't report to the Census in 2021, so the 2021 figures are Census estimates.
How Stonington ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $2,140
HUD's Fair Market Rent for a two-bedroom in Stonington is $2,140 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Stonington pay a median of $1,488, so moving in tends to cost more than staying put.
Studio $1,480 · 4 bedrooms $3,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (06378; Norwich-New London-Willimantic, CT MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.