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. Data through August 2026.

Median Home Price

$433,137

+6.8% year-over-year

Est. Rental Yield

5.7%

gross annual

12-Month Forecast

+6.6%

base case (Zillow ZHVF)

+6.6% year-over-year

Market Momentum

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Hot
2.4mo supply ยท Score +5/7

Net 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 6.8% year-over-year appreciation, indicating a seller's market with robust demand. Affordability is moderately stretched with a price-to-income ratio of 5.15x, above the national average of 4.8x. Rental yield of 5.65% 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

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+3.3%
Base Case+6.6%
Bull Case+10.0%

Get the full Norwich-New London dataset

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