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

$436,140

+6.6% year-over-year

Est. Rental Yield

5.4%

gross annual

Market Momentum

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Hot
2.4mo supply ยท Score +5/7

Migration: Top 50% nationally

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Opportunity Zone Market

3 ZIP codes in Norwich-New London are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Norwich-New London Market Summary

Norwich-New London, CT is experiencing strong growth with 6.6% year-over-year appreciation, indicating a seller's market with robust demand. Affordability is moderately stretched with a price-to-income ratio of 5.18x, above the national average of 4.8x. Rental yield of 5.44% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score69/100
Price-to-Income Ratio5.2x (national avg 4.8x)
Median Household Income$84,185

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.