Groton Long Point, CT Housing Market

Homes for sale

The Groton Long Point housing market is somewhat competitive. The median sale price of a home in Groton Long Point was $880K last month, up 55.8% since last year. The median sale price per square foot in Groton Long Point is $548, down 10.7% since last year.

Trends
Demand
Migration
Schools
Climate

Groton Long Point Housing Market Trends

What is the housing market like in Groton Long Point today?

In October 2024, Groton Long Point home prices were up 55.8% compared to last year, selling for a median price of $880K.

$880K

Sale Price

+55.8%
since last year

$548

Sale $/Sq. Ft.

-10.7%
since last year

Under List Price

5.4%

Days on Market

24.5

Down Payment

—

Total Homes Sold

To compare other locations to the Groton Long Point and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Groton Long Point add value to a home.

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How hot is the Groton Long Point housing market?

Groton Long Point is somewhat competitive. Homes sell in 24.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 25 days.
Hot homes
can sell for about 2% below list price and go pending in around 8 days.

Compare With Nearby Cities

Groton

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 21 days.
Hot homes
can sell for about 9% above list price and go pending in around 9 days.

Westerly

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 days.

See more nearby cities and neighborhoods

Groton Long Point Migration & Relocation Trends

In Sep '24 - Nov '24, 65% of Groton Long Point homebuyers searched to move out of Groton Long Point, while 35% looked to stay within the metropolitan area.

Where are people moving to Groton Long Point from?

Across the nation, 0.82% of homebuyers searched to move into Groton Long Point from outside metros.
New York homebuyers searched to move into Groton Long Point more than any other metro followed by Philadelphia and Los Angeles.

Where are people from Groton Long Point moving to?

35% of Groton Long Point homebuyers searched to stay within the Groton Long Point metropolitan area.
Boston was the most popular destination among Groton Long Point homebuyers followed by Washington and Portland.

Number of People Moving to Groton Long Point

least

most

People are moving to Groton Long Point from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	New York, NY	1,265
2	Philadelphia, PA	60
3	Los Angeles, CA	44
4	Seattle, WA	24
5	Bennington, VT	17
6	Austin, TX	15
7	Tucson, AZ	6
8	Honolulu, HI	6
9	Columbus, OH	6
10	Louisville, KY	4

People are leaving Groton Long Point for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Boston, MA	2,245
2	Washington, DC	1,764
3	Portland, ME	229
4	Lebanon, NH	157
5	Miami, FL	153
6	Myrtle Beach, SC	96
7	Burlington, VT	89
8	Orlando, FL	78
9	Cape Coral, FL	73
10	Sarasota, FL	51

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Groton Long Point that sold recently

Recently sold homes

SOLD OCT 25, 2024
$880,000 Last Sold Price
4 beds
2 baths
1,603 sq ft
37 Prospect St, Groton, CT 06340
List Price
$879,000
Sale to List
0% over list
Days on Market
58 days
37 Prospect St, Groton, CT 06340
SOLD AUG 30, 2024
$1,850,000 Last Sold Price
6 beds
3 baths
2,081 sq ft
10 Boardwalk, Groton, CT 06340
List Price
$1,700,000
Sale to List
9% over list
Days on Market
119 days
10 Boardwalk, Groton, CT 06340
SOLD AUG 1, 2024
VIDEO TOUR
$2,300,000 Last Sold Price
4 beds
4 baths
2,580 sq ft
312 W Shore Ave, Groton, CT 06340
List Price
$2,495,000
Sale to List
8% under list
Days on Market
257 days
312 W Shore Ave, Groton, CT 06340
SOLD JUL 26, 2024
$1,795,000 Last Sold Price
4 beds
3 baths
1,536 sq ft
2 Boardwalk, Groton, CT 06340
List Price
$1,795,000
Sale to List
0% over list
Days on Market
50 days
2 Boardwalk, Groton, CT 06340
SOLD JUL 10, 2024
$2,450,000 Last Sold Price
4 beds
3.5 baths
2,296 sq ft
98 Boardwalk, Groton, CT 06340
List Price
$2,750,000
Sale to List
11% under list
Days on Market
83 days
98 Boardwalk, Groton, CT 06340
SOLD JUL 1, 2024
$1,100,000 Last Sold Price
5 beds
2.5 baths
1,780 sq ft
5 Ridge St, Groton, CT 06340
List Price
$1,200,000
Sale to List
8% under list
Days on Market
82 days
5 Ridge St, Groton, CT 06340
SOLD JUN 27, 2024
$1,475,000 Last Sold Price
5 beds
3 baths
2,378 sq ft
132 E Shore Ave, Groton, CT 06340
List Price
$1,890,000
Sale to List
22% under list
Days on Market
153 days
132 E Shore Ave, Groton, CT 06340
SOLD JUN 25, 2024
$2,850,000 Last Sold Price
4 beds
5 baths
5,420 sq ft
38 E Shore Ave, Groton, CT 06340
List Price
$2,899,000
Sale to List
2% under list
Days on Market
81 days
38 E Shore Ave, Groton, CT 06340
See all recently sold homes in Groton Long Point.
See listings

Schools in Groton Long Point

Learn about schools in the Groton Long Point area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Groton Long Point housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Groton Long Point.

Provided by First Street Foundation

More real estate resources for Groton Long Point

Nearby City Housing Markets

Zip Code Housing Markets

06340 Housing Market

Nearby City Listings

Zip Code Listings

06340 Real Estate

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