Home Values

Groton Long Point Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$728,000

  • 7.1% 1-year change
  • -0.4% 1-year forecast

The median home value in Groton Long Point is $728,000. Groton Long Point home values have gone up 7.1% over the past year and Zillow predicts they will fall -0.4% within the next year. The median price of homes currently listed in Groton Long Point is $850,000.

Foreclosures will be a factor impacting home values in the next several years. In Groton Long Point 26.0 homes are foreclosed (per 10,000). This is greater than the New London Metro value of 0.8 and also greater than the national value of 4.0

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Relative ZHVI
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Groton Long Point Market Overview

Data through Dec 31, 2014
  • $728,000 ZHVI
  • -0.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $850,000 Median listing price
  • No data Median sale price
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Groton Long Point Market Health

Data through Dec 31, 2014
  • 1.9/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

26 homes(Jul 31, 2014) Groton Long Point
0.8 homes New London Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Noank $400,200
Town of Stonington $388,000
Mystic $357,400
Name Median ZHVI
Old Mystic $214,200
Conning Towers-Nautilus Park $205,300
Town of Groton $202,700
Name Median ZHVI
Ledyard $199,200
Long Hill $144,500
New London $139,100

Listings & Sales

Data through Dec 31, 2014
  • $482 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 12.5% Listings with price cut
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Groton Long Point Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,460 New London Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 31.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $1.35 Rent list price / sq ft
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