Stonington, CT Foreclosures
How much do homes sell for in Stonington, CT?
The average home price is currently $790,952.
In Stonington, CT, how many homes are available?
There are currently 231 active home listings available in Stonington.
What’s the average rental cost in Stonington, CT?
The average rental price in Stonington is $1,805.
What is the most expensive home in Stonington?
The most expensive home sold in Stonington had a price of $25,233,898.
What is currently the cheapest priced home in Stonington, CT?
The cheapest home for sale in Stonington is priced at $12,000.
Living in Stonington, CT
Stonington, CT offers a charming coastal lifestyle with beautiful waterfront views and a rich maritime history. The town features quaint architecture and a variety of local shops and restaurants, making it a delightful place for residents and visitors alike. With excellent schools and a strong sense of community, Stonington is perfect for families looking for a peaceful yet engaging environment.
Current Market Conditions in Stonington, CT
The Stonington real estate market has shown resilience, with steady demand for homes reflecting the area's desirability. Properties often receive multiple offers, particularly in waterfront locations. As of now, the market remains competitive, with average days on the market decreasing as buyers look to secure their stake in this picturesque town.
Investors have taken note of Stonington's growing appeal, particularly for vacation rentals and second homes. The influx of buyers is driven by the town's scenic beauty, community-oriented environment, and proximity to major cities, suggesting a continued upward trend in property values.
Home Value Estimator For Stonington, CT
There are currently 4,329 real estate properties
in Stonington, CT,
with a median automated valuation model (AVM) price
of $648,959.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Stonington, 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 Stonington, CT,
is $790,952.00, with the most expensive house
in Stonington, CT, topping out
at $25,233,898.00 and the cheapest home
in Stonington, CT,
clocking in at $12,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Stonington, CT!
Rent Prices
In Stonington, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Stonington, CT, is on
a rollercoaster ride. The
average rent price in Stonington, CT,
is $1,805.00. Indeed, when looking to rent in
Stonington, CT, you can expect to pay as little
as $930.00 or as much
as $3,800.00,
with the average rent median estimated to
be $1,780.00. The good news is that finding
an affordable and desirable property to rent in Stonington, 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.
Learn more on Foreclosure homes
