Groton, CT · Market Data

Groton, Connecticut real estate market data.

Real estate market data for Groton, CT (Southeastern Connecticut Planning Region County) — Census median home value $278,900, county listing prices up about 7.5% over the past year.

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Groton, CT is in Southeastern Connecticut Planning Region County, Connecticut — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,343, with a median household income of $69,811. Census data puts Groton's median home value at $278,900.

At a glance

Groton market snapshot

Population

9,343

Median Household Income

$69,811

Median Home Value (city)

$278,900

Median Gross Rent

$1,179/mo

Price Trend (YoY)

+7.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Groton

What makes Groton different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Groton's median home value — across all owner-occupied homes, not just recent sales — at $278,900.

County Price Trend

Southeastern Connecticut Planning Region County's FHFA house price index shows a 7.46% annual change in 2025.

Population & Income

Groton has an estimated population of 9,343 and a median household income of $69,811, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Groton's Census-reported median home value works out to about 4.0x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Groton FAQ

What are home values like in Groton, CT?

The Census Bureau's American Community Survey puts Groton's median home value at $278,900.

What is the population of Groton, CT?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Groton's population at approximately 9,343.

What's the median rent in Groton, CT?

The Census ACS estimates median gross rent in Groton at approximately $1,179 per month.

What is the median household income in Groton, CT?

Census ACS data puts the median household income in Groton at approximately $69,811.

Is the Groton housing market growing?

Southeastern Connecticut Planning Region County's FHFA house price index shows a 7.46% annual change in 2025.

Is Groton, CT affordable relative to income?

Census ACS data puts Groton's median home value at about 4.0 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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