Groton, CT Home Values & Market Trends

Real estate market trends reflect that there have been 231 transactions over the past year in Groton. The median value for residential home transactions that occurred over the previous year is $296,825.83. The number of current listings in Groton is 23, and the percentage of properties for sale in the city is 23.00%. Groton, CT currently has 7 properties in foreclosure, 0 bank owned properties, 7 properties headed for auction, and 23 properties for sale.

Groton, CT Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
06340

$ 273,000

$ 207/sqft

06349

$ --

$ --

Housing Market Summary for Groton, CT

Apr 2023March 2024Change
Median Listing Price$253.5K$287.6K13.46%
Median Sold Price$257.3K$287.6K11.80%
Homes For Sale2220-9.09%
Homes Sold11990-24.37%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Groton, CT

Groton home values range from $38,214 to $4,013,040. The median estimated value of a home in Groton is $296,825.83. The median list price of a home is 279,000, and the total count of properties in the city is 7,131.

Foreclosure
There are 2 zips within Groton, CT; within these zips, the median estimated home value for homes in foreclosure ranges from $296,400 in 06340 to the lowest value of $182,600 in 06340. Foreclosure homes account for 0.00% of properties in Groton, CT with 06340 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Groton, CT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Groton, CT; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Groton, CT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Groton, CT. There are 2 zips within Groton, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    06340 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Groton, CT. Auction homes and other auction properties account for 0.10% of all properties in Groton, CT. There are 2 zips within Groton, CT; of those zips, the median estimated home value for homes going to auction ranges from $296,400 in 06340 to the lowest value of $182,600 in 06340.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Groton, CT with 06340 containing 23 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Groton, CT; homes for sale in those zips, have a range of median values from $2,199,000 in 06340 to the lowest value of $87,743 in 06340.
    Sold Homes
    The median value for recently sold homes ranges from $2,124,150 in 06340 to the lowest price of $135,900 in 06340. There are 2 zips within Groton, CT. 06340 has 83 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.16% of properties in Groton, CT.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Groton, CT
      $
      $

      Guide for Groton, CT

      Market Reports
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Market Reports|posted 3 April 2024

      This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.