The story of this market
The typical home in ZIP 06377 sells for about $857,000, or $440 per square foot.
Prices are up +11% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,900 a month.
ZIP 06377 — Sterling
The Stonington housing market remains a high-value, low-inventory environment with strong demand for coastal properties. Prices have seen steady year-over-year growth, supported by the area's desirability and limited supply of homes.
This ZIP is ideal for families, professionals, and retirees seeking a high-quality coastal lifestyle with access to maritime amenities and historic charm.
Median prices moved up 11.0% year over year.
Homes spend a median of 85 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 8.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06377, 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.
Stonington public schools are generally well-regarded, serving the community with a focus on coastal and maritime educational opportunities.
The area faces coastal flood risks due to its location on the Long Island Sound, necessitating careful consideration of flood insurance and climate resilience.
Economic momentum is driven by the maritime industry, tourism, and proximity to major regional employers in the New London area.
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.
Commuting primarily involves driving via I-95, providing access to employment hubs in New London and Groton.
The area features extensive coastal access, including beaches, marinas, and historic downtown Stonington with its local shops and dining.
The rental market is characterized by high demand and limited inventory, with rents reflecting the town's desirability as a coastal destination.
The local economy is anchored by maritime industries, tourism, and proximity to major defense and research employers in the broader New London-Groton region.
Transportation is primarily highway-dependent, with I-95 serving as the main corridor for regional connectivity.
Development is focused on maintaining the historic character of the borough while managing residential growth in surrounding areas.
Parcels may be subject to municipal taxes and specific utility district assessments for water and sewer services.
Property insurance premiums are influenced by coastal hazard exposure, particularly flood risk associated with the Long Island Sound.
Data retrieved from data.census.gov; figures are estimates for the ZCTA.
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, CT3.818.7 mi
- Launch Family Entertainment Warwick4.417.2 mi
- Urban Air Trampoline and Adventure Park4.616.8 mi
- Chuck E. Cheese417.4 mi
- Kids Empire Cranston4.917.7 mi
- Foxwoods Resort Casino4.318.7 mi
- Topgolf Rhode Island4.318.9 mi
- Thompson Speedway Motorsports Park4.717.8 mi
- Woodstock Fair4.416.3 mi
- Chelo's Hometown Bar & Grille - Warwick4.419.6 mi
- Hopeville Pond State Park4.69.8 mi
- Amarante's Winter Wonderland4.98.3 mi
- Pachaug State Forest4.610 mi
- Old Furnace State Park4.75 mi
- Mashamoquet Brook State Park4.512.5 mi
- Mashantucket Pequot Museum & Research Center4.719.2 mi
- Historic New England's Roseland Cottage4.717.5 mi
- Slater Memorial Museum4.618.6 mi
- Uncas' Leap at Yantic Falls4.619.1 mi
- The Stomping Ground4.514 mi
- Logee's Plants for Home & Garden4.57.1 mi
- Hopeville Pond State Park4.69.8 mi
- Pachaug State Forest4.610 mi
- Old Furnace State Park4.75 mi
- Mashamoquet Brook State Park4.512.5 mi
- Norwich Marina4.519.2 mi
- River Ridge Golf Course4.212.9 mi
- Big Y4.36.4 mi
- Big Y4.35.8 mi
- T.J. Maxx4.48.8 mi
- Lisbon Landing4.413 mi
- Killingly Commons4.38.7 mi
- Rhode Island T.F. Green International Airport4.420.3 mi
- Boston Skydive Center522.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features historic architecture, local shops, and waterfront dining.
Provides extensive recreational opportunities including boating and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.