The story of this market
The typical home in ZIP 06353 sells for about $401,000, or $235 per square foot.
Prices are up +5.5% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 06353 — Montville
The housing market in the 06353 ZIP code remains stable, reflecting broader trends in the Norwich-New London metro area. Limited inventory and steady demand continue to support current price levels, with market activity largely driven by local employment stability.
This ZIP is best suited for those seeking a quiet, small-town environment within the broader Southeastern Connecticut region, appealing to those who value proximity to regional employment hubs without the density of larger cities.
Median prices moved up 5.5% year over year.
Homes spend a median of 55 days on market with 6.6 months of supply — a balanced-paced market.
67% of listings have cut prices · homes sell at 98.66% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 76.1% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06353, New London County, CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is subject to standard New England coastal and inland weather risks, with insurance premiums influenced by regional flood and wind exposure.
Economic momentum is tied to the broader Norwich-New London metro area, which features a mix of defense, healthcare, and tourism sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
Commute times are generally moderate, with access to regional employment hubs in New London and Norwich via local highway corridors.
The area offers access to local parks and regional outdoor amenities typical of the Southeastern Connecticut landscape.
The rental market is characterized by limited inventory and steady demand, typical of the broader Norwich-New London region.
The local economy is anchored by the broader Norwich-New London metro area, with significant employment in defense, healthcare, and education.
The area is served by regional highway networks connecting to major employment centers in Southeastern Connecticut.
Development activity is primarily focused on residential and small-scale commercial projects consistent with the town's master plan.
The New London County appraisal process follows Connecticut state statutes for property valuation.
Parcels are subject to municipal property taxes and regional school district levies.
Property insurance premiums are influenced by regional hazard profiles, including coastal wind and flood risks.
Connecticut is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Connecticut law requires sellers to provide a standard residential property condition disclosure report.
Data retrieved from data.census.gov for ZCTA 06353.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Mashantucket, CT3.89.3 mi
- Ocean Beach Park4.410 mi
- Supercharged Indoor Karting and Axe Throwing4.44.5 mi
- The Dinosaur Place4.44.9 mi
- Nature's Art Village4.54.8 mi
- Mohegan Sun4.53.5 mi
- Foxwoods Resort Casino4.39 mi
- Mohegan Sun Arena4.63.5 mi
- Water's Edge Resort & Spa4.219.8 mi
- Supercharged Indoor Karting and Axe Throwing4.44.5 mi
- Foxwoods Resort Casino4.39 mi
- Mystic Aquarium4.510.7 mi
- Great Wolf Lodge | Mashantucket, CT3.89.3 mi
- Rocky Neck State Park4.611 mi
- Ocean Beach Park4.410 mi
- Mystic Seaport Museum4.610.7 mi
- Gillette Castle State Park4.715.5 mi
- Essex Steam Train & Riverboat4.715.8 mi
- B.F. Clyde's Cider Mill4.69.9 mi
- Mashantucket Pequot Museum & Research Center4.78.8 mi
- Rocky Neck State Park4.611 mi
- Ocean Beach Park4.410 mi
- Harkness Memorial State Park4.810.4 mi
- Devil's Hopyard State Park4.711 mi
- The Dinosaur Place4.44.9 mi
- Mystic Downtown Marina4.710.8 mi
- Black Hall Marina4.714.5 mi
- Three Belles Marina4.78.4 mi
- Mystic River Marina4.511.4 mi
- Safe Harbor Essex Island4.614.7 mi
- Foxwoods Resort Casino4.39 mi
- Lake of Isles4.69.7 mi
- Shennecossett Golf Course4.19.2 mi
- River Ridge Golf Course4.211.9 mi
- Mohegan Sun Golf Club4.212.9 mi
- Olde Mistick Village4.610.5 mi
- Tanger Outlets Foxwoods4.49 mi
- Burlington4.25.8 mi
- Nature's Art Village4.54.8 mi
- ShopRite of New London4.15.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Various community green spaces serving the local population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.