The story of this market
The typical home in ZIP 06378 sells for about $857,000, or $440 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 8 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,750 a month.
ZIP 06378 — Stonington
The Stonington housing market remains highly competitive with low inventory and rapid turnover, as evidenced by a median of 8 days on market. High demand for coastal properties continues to drive price appreciation, though the market is sensitive to broader economic conditions in the New London-Norwich region.
This ZIP is well-suited for affluent families, retirees, and professionals seeking a coastal lifestyle with historic charm and proximity to regional employment centers.
Median prices moved up 7.3% year over year.
Homes spend a median of 8 days on market with 0.0 months of supply — a fast-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 2.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06378, Connecticut
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 served by Stonington Public Schools, which generally maintain a positive reputation within the region.
Coastal Connecticut faces risks from storm surges and wind events, necessitating standard flood and hazard insurance coverage.
The local economy is anchored by tourism, maritime industries, and proximity to major regional employers in the New London-Norwich metro 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.
Residents typically rely on personal vehicles for commuting, with access to I-95 providing connections to major employment hubs in New London and Providence.
The area features significant coastal access, including Stonington Harbor, local beaches, and historic village centers with boutique shopping and dining.
The rental market is characterized by high demand and limited inventory, with rents reflecting the area's desirability and coastal location.
The economy is driven by a mix of tourism, defense-related manufacturing, and professional services within the broader Norwich-New London metro area.
The area is primarily served by I-95 and local state routes, with limited public transit options outside of regional bus services.
Development is largely focused on residential infill and the preservation of historic coastal character.
The Town of Stonington Assessor's Office manages property valuations for tax purposes.
Parcels are subject to municipal taxes and regional school district levies.
Property insurance premiums are influenced by coastal hazard exposure and proximity to the Long Island Sound.
Data sourced from US Census Bureau ZCTA profiles.
- Great Wolf Lodge | Mashantucket, CT3.87.2 mi
- Ocean Beach Park4.410.5 mi
- Supercharged Indoor Karting and Axe Throwing4.415.7 mi
- The Dinosaur Place4.416.4 mi
- Nature's Art Village4.516.4 mi
- Mohegan Sun4.512.3 mi
- Foxwoods Resort Casino4.37.4 mi
- Mohegan Sun Arena4.612.2 mi
- Supercharged Indoor Karting and Axe Throwing4.415.7 mi
- Ocean Mist4.519.2 mi
- Foxwoods Resort Casino4.37.4 mi
- Mystic Aquarium4.51.9 mi
- Great Wolf Lodge | Mashantucket, CT3.87.2 mi
- Ocean Beach Park4.410.5 mi
- Harkness Memorial State Park4.811.3 mi
- Mystic Seaport Museum4.62.6 mi
- B.F. Clyde's Cider Mill4.62.7 mi
- Mashantucket Pequot Museum & Research Center4.77 mi
- Submarine Force Library & Museum4.88.9 mi
- Nature's Art Village4.516.4 mi
- Ocean Beach Park4.410.5 mi
- Harkness Memorial State Park4.811.3 mi
- Bluff Point State Park4.76.5 mi
- Burlingame State Park4.310.8 mi
- Napatree Point Conservation Area4.84.8 mi
- Mystic Downtown Marina4.73.2 mi
- Three Belles Marina4.714.4 mi
- Mystic River Marina4.53.7 mi
- Foxwoods Resort Casino4.37.4 mi
- Lake of Isles4.68 mi
- Winnapaug Country Club4.16.7 mi
- Shennecossett Golf Course4.18.4 mi
- Pequot Golf Club4.10.7 mi
- Olde Mistick Village4.62.1 mi
- Tanger Outlets Foxwoods4.47.5 mi
- Burlington4.210.4 mi
- The Velvet Mill4.52.5 mi
- ShopRite of New London4.110.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic harbor serving as a hub for boating and maritime activities.
A historic district featuring local boutiques, galleries, and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.