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These days, finding an affordable place to live in the Mystic area can be challenging. Home prices in Mystic are now at a median cost of $460,182, higher than the Connecticut average of $418,901.
The average cost of rent is $1,906/mo in Mystic, primarily driven by the current value of real estate in the Mystic area. In Mystic, 20.27% of households rent, and 45.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mystic is $11,243 per month. Households that rent pay about 16.96% of their income on rent here. Mystic’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Noank, CT: higher priced homes
- Old Mystic, CT: less expensive homes
- Stonington, CT: higher priced homes
- Groton Long Point, CT: higher priced homes
- Groton, CT: less expensive homes
- Conning Towers Nautilus Park, CT: less expensive homes
- Ledyard, CT: less expensive homes
- Wequetequock, CT: higher priced homes
- Gales Ferry, CT: less expensive homes
- Pawcatuck, CT: less expensive homes
Cities with Similar Populations
- Goldenrod, FL: less expensive homes
- Sunbury, OH: equally priced homes
- Sumner, WA: higher priced homes
- Summerville, GA: less expensive homes
- Suffield, CT: less expensive homes
- Suffern, NY: equally priced homes
- Speedway, IN: less expensive homes
- Grafton, OH: less expensive homes
- Goshen, NY: equally priced homes
- Superior, CO: higher priced homes
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