Comparing Groton and New London
| Groton Read the guide | New London Read the guide | |
|---|---|---|
| County | New London County | New London County |
| Median sale price (12 months) | $405,000 | $350,000 |
| Price vs a year ago | +8.4% | +9.8% |
| Price per sq ft | $276 | $199 |
| Sells at | 100% of list price | 100% of list price |
| Closed sales (12 months) | 382 | 190 |
| Median days on market | 9 | 13 |
| Homes for sale now | 55 | 38 |
| Months of supply | 1.7 | 2.4 |
| Typical home sold | 3 bd · 1,450 sq ft · built 1970 | 3 bd · 1,730 sq ft · built 1921 |
| Home types | 75% single-family · 20% condo · 5% multi-family | 56% single-family · 17% condo · 27% multi-family |
| Population | 38,762 | 28,081 |
| Land area (sq mi) | 31.1 | 5.6 |
| Property tax rate (mills) | 25.29 | 27.10 |
| Est. tax, median-priced home | ~$7,200/yr | ~$6,600/yr |
| Public schools | 9 | 10 |
| Parks and preserves | 82 | 22 |
Market figures: SmartMLS closed residential sales, last 12 months; a town with fewer than 10 sales shows n/a. The tax estimate is the median sale price × Connecticut's 70% assessment × the town-wide mill rate (special taxing districts and actual assessments differ). Population: U.S. Census Bureau estimate. Mill rates: CT Office of Policy and Management. School counts: NCES. Parks: OpenStreetMap contributors.