The story of this market
The typical home in ZIP 06382 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 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,172 a month.
ZIP 06382 — Montville
The Stonington housing market remains high-value with strong year-over-year price appreciation. Demand is driven by the area's coastal appeal and proximity to major regional employers, though inventory remains constrained.
This area fits affluent families, retirees, and professionals seeking a coastal lifestyle with access to regional employment hubs.
Median prices moved up 11.0% year over year.
Homes spend a median of 82 days on market with 2.4 months of supply — a fast-moving market.
21% 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 6.0% · poverty 8.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06382, Stonington, 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 faces moderate climate risk factors typical of the Southeastern Connecticut coastal region.
Economic momentum is supported by the proximity to major regional employers in the New London-Norwich metro area and defense-related industries.
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 commute via I-95 toward employment hubs in New London, Groton, and Providence.
The area features significant coastal access, historic village charm, and proximity to local parks and waterfront amenities.
The rental market shows high demand with rents exceeding national averages, reflecting the area's desirability and limited supply.
The economy is anchored by defense, maritime, and tourism sectors within the broader Norwich-New London metro area.
The area is served by I-95 and regional transit corridors connecting to the broader New England rail and highway network.
Parcels are subject to municipal property taxes and regional school district levies.
Property insurance premiums are influenced by coastal hazard exposure and regional climate risk assessments.
Data derived from World Population Review and Zillow market reports.
- Great Wolf Lodge | Mashantucket, CT3.87.9 mi
- Ocean Beach Park4.410.4 mi
- Supercharged Indoor Karting and Axe Throwing4.46 mi
- The Dinosaur Place4.46.3 mi
- Nature's Art Village4.56.3 mi
- Mohegan Sun4.52.3 mi
- Foxwoods Resort Casino4.37.6 mi
- Mohegan Sun Arena4.62.3 mi
- Supercharged Indoor Karting and Axe Throwing4.46 mi
- Goodspeed Opera House4.718.5 mi
- Foxwoods Resort Casino4.37.6 mi
- Mystic Aquarium4.510 mi
- Great Wolf Lodge | Mashantucket, CT3.87.9 mi
- Rocky Neck State Park4.612.2 mi
- Ocean Beach Park4.410.4 mi
- Mystic Seaport Museum4.610.1 mi
- Gillette Castle State Park4.716.9 mi
- Essex Steam Train & Riverboat4.717.2 mi
- B.F. Clyde's Cider Mill4.68.9 mi
- Mashantucket Pequot Museum & Research Center4.77.4 mi
- Rocky Neck State Park4.612.2 mi
- Ocean Beach Park4.410.4 mi
- Harkness Memorial State Park4.810.9 mi
- The Dinosaur Place4.46.3 mi
- Devil's Hopyard State Park4.712.3 mi
- Mystic Downtown Marina4.710.2 mi
- Black Hall Marina4.715.9 mi
- Three Belles Marina4.79.5 mi
- Mystic River Marina4.510.9 mi
- Safe Harbor Essex Island4.616.2 mi
- Foxwoods Resort Casino4.37.6 mi
- Lake of Isles4.68.2 mi
- Shennecossett Golf Course4.19.4 mi
- River Ridge Golf Course4.210.5 mi
- Mohegan Sun Golf Club4.212.3 mi
- Olde Mistick Village4.69.7 mi
- Tanger Outlets Foxwoods4.47.6 mi
- Burlington4.26.4 mi
- Nature's Art Village4.56.3 mi
- ShopRite of New London4.16.1 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 coastal village with shops, dining, and maritime heritage.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.