Comparing New London and Groton
| New London Read the guide | Groton Read the guide | |
|---|---|---|
| County | New London County | New London County |
| Median sale price (12 months) | $350,000 | $405,000 |
| Price vs a year ago | +9.8% | +8.4% |
| Price per sq ft | $199 | $276 |
| Sells at | 100% of list price | 100% of list price |
| Closed sales (12 months) | 190 | 382 |
| Median days on market | 13 | 9 |
| Homes for sale now | 38 | 55 |
| Months of supply | 2.4 | 1.7 |
| Typical home sold | 3 bd · 1,730 sq ft · built 1921 | 3 bd · 1,450 sq ft · built 1970 |
| Home types | 56% single-family · 17% condo · 27% multi-family | 75% single-family · 20% condo · 5% multi-family |
| Population | 28,081 | 38,762 |
| Land area (sq mi) | 5.6 | 31.1 |
| Property tax rate (mills) | 27.10 | 25.29 |
| Est. tax, median-priced home | ~$6,600/yr | ~$7,200/yr |
| Public schools | 10 | 9 |
| Parks and preserves | 22 | 82 |
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.