Markets/Connecticut/Norwich-New London

Norwich-New London, CT Real Estate Market 2026

Investor-grade market analytics for Norwich-New London, Connecticut. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$400,106

+5.4% year-over-year

Est. Rental Yield

5.6%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Norwich-New London Market Summary

Norwich-New London, CT is experiencing strong growth with 5.4% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 4.75x, below the national average of 4.8x. Rental yield of 5.58% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score75/100
Price-to-Income Ratio4.8x (national avg 4.8x)
Median Household Income$84,185

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Norwich-New London, CT's primary climate exposure is flooding (0/100). The composite climate risk score of 0/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Norwich-New London dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Norwich-New London Real Estate Market Data 2026 | Lotlytics | Lotlytics