
Home Price Key
These days, finding an affordable place to live in the Groton Long Point area can be challenging. Home prices in Groton Long Point are now at a median cost of $834,700, higher than the Connecticut average of $357,181.
The average cost of rent is $2,114/mo in Groton Long Point, primarily driven by the current value of real estate in the Groton Long Point area. While nearly 57.93% of residents own their homes outright in Groton Long Point, 11.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Groton Long Point is $11,146 per month. Households that rent pay about 18.97% of their income on rent here. Groton Long Point's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
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