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Foreclosure Homes in Groton Long Point, CT

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Foreclosure Homes in Groton Long Point, CT

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Groton Long Point, CT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Groton Long Point, CT and much more. Save thousands at closing with home foreclosure listings in Groton Long Point, CT — up to 75% off market value!


Top Reasons To Live In Groton Long Point, CT In 2021

Groton Long Point is located in New London, Connecticut, with an estimated municipal population of 507 residents. All of the best foreclosed homes for sale in Groton Long Point are located in the following zip code areas on Foreclosure.com: 06340. The estimated population per square kilometer (.62 miles) in Groton Long Point is 458.


Cost Of Living In Groton Long Point, CT

So, about how much do homes cost in Groton Long Point? The most recent median value of resident-owned homes in Groton Long Point is 728,435. An estimated 81.2 percent of households in Groton Long Point own their homes, with an average family size of 2.37. The median household income in Groton Long Point is 111,667, with57.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Groton Long Point, the median commute time of resident workers (in minutes) is 30.7. And last, but certainly not least, are you looking for homes to rent in Groton Long Point? If so, the average rent price paid by renters in Groton Long Point is 2,357, according to recent statistics.


Diversity And Demographics In Groton Long Point, Connecticut

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Groton Long Point, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Groton Long Point is 65.2, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Groton Long Point is 69.7, with an average family size of 2.37.

The percentage of residents who report their race in Groton Long Point is as follows:

White 99.3%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.7%

Looking for family-friendly neighborhoods in and/or near Groton Long Point? Or maybe you are searching for 55+ active adult communities in and/or near Groton Long Point?

The percentage of residents who report their age in Groton Long Point is as follows:

Under 10 3.9%
Aged 10-19 6.9%
20s 3.5%
30s 6.3%
40s 6.8%
50s 11.5%
60s 25.8%
70s 27.1%
80+ 8.3%

Best Schools In Groton Long Point, Connecticut

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Groton Long Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Groton Long Point.


Pros And Cons Of Living In Groton Long Point, Connecticut

How do you know that living in -- or moving to -- Groton Long Point is right where you need to be? Perhaps you grew up in Groton Long Point or already live nearby; therefore, the decision to buy a home in Groton Long Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Groton Long Point for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Groton Long Point:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Groton Long Point.


Reasons To Move To Groton Long Point, Connecticut, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Groton Long Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Groton Long Point, meanwhile, can field multiple offers from more qualified buyers.

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