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Rent To Own Homes in Groton, CT

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Groton, CT Foreclosures

How much do homes sell for in Groton, CT?
The average home price is currently $531,853.
In Groton, CT, how many homes are available?
There are currently 4 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 $52,471,164.
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 town located on the southeastern coast, characterized by its charming neighborhoods, rich historical background, and access to beautiful waterfront areas. With excellent educational institutions, a variety of recreational activities, and a strong sense of community, Groton is an ideal place to live for families, professionals, and retirees. It offers a blend of coastal living and suburban convenience.

Current Market Conditions in Groton, CT

The Groton real estate market is currently seeing a steady increase in demand due to its appealing coastal setting and proximity to various amenities. Buyers are particularly looking for family homes and waterfront properties, leading to a competitive atmosphere in certain price ranges. Overall, home values have seen a mild increase over the past few months, indicating a healthy market trend as interest rates stabilize.

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 $369,304.00. 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 $531,853.00, with the most expensive house in Groton, CT, topping out at $52,471,164.00 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 Rent To Own Homes

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