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Foreclosure 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 $522,516.
In Groton, CT, how many homes are available?
There are currently 13 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 $52,028,376.
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 delightful coastal town known for its maritime history and suburban charm. The area features beautiful parks, recreational activities, and a vibrant community atmosphere. With easy access to major highways and a variety of amenities, Groton is an ideal place for both families and investors.

Current Market Conditions in Groton, CT

The real estate market in Groton has shown steady growth, highlighting an increasing demand for both residential and rental properties. Investors are attracted to the area due to its combination of affordability and quality of life.

Recent trends indicate that home prices are rising, driven by a mix of demand from new families moving into the area and investors looking to capitalize on Groton's potential for appreciation. As more amenities are added and lifestyle options improve, the neighborhood is expected to become increasingly desirable.

Home Value Estimator For Groton, CT

There are currently 8,777 real estate properties in Groton, CT, with a median automated valuation model (AVM) price of $353,525.00. 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 $522,516.00, with the most expensive house in Groton, CT, topping out at $52,028,376.00 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 Foreclosures

Market Trend for Groton, CT

Total Listings Available: 13

Market Values:

Home Prices from $10,000 to $52,028,376

Average Sales Price: $522,516

Rental Values:

Rental from $830 to $4,540

Average Rent Value: $1,619 / month

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