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Preforeclosure Homes in Groton, CT 06340

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Groton, CT Foreclosures

How much do homes sell for in Groton, CT?
The average home price is currently $532,991.
In Groton, CT, how many homes are available?
There are currently 7 active home listings available in Groton.
What’s the average rental cost in Groton, CT?
The average rental price in Groton is $1,619.
What is the most expensive home in Groton?
The most expensive home sold in Groton had a price of $52,133,308.
What is currently the cheapest priced home in Groton, CT?
The cheapest home for sale in Groton is priced at $10,000.

Living in Groton, CT

Groton, CT is a picturesque coastal town that offers a perfect blend of suburban charm and recreational activities. With its beautiful waterfront, excellent schools, and a range of amenities, it is a sought-after location for families and professionals. Enjoy outdoor activities at local parks and beaches while appreciating the town's maritime heritage.

Current Market Conditions in Groton, CT

The Groton real estate market is currently experiencing a steady rise in home prices, driven by increased demand for coastal living and limited inventory. This trend has made it a competitive market for buyers, with many homes selling above asking price.

Rental properties are also in demand, particularly among military families and individuals attracted to the area's naval base. As the market continues to grow, new developments are emerging to accommodate the influx of residents.

Home Value Estimator For Groton, CT

There are currently 8,775 real estate properties in Groton, CT, with a median automated valuation model (AVM) price of $369,840.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Groton, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Groton, CT, is $532,991.00, with the most expensive house in Groton, CT, topping out at $52,133,308.00 and the cheapest home in Groton, CT, clocking in at $10,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Groton, CT!

Rent Prices In Groton, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Groton, CT, is on a rollercoaster ride. The average rent price in Groton, CT, is $1,619.00. Indeed, when looking to rent in Groton, CT, you can expect to pay as little as $830.00 or as much as $4,540.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Groton, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Groton, CT 06340 Preforeclosure Homes


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