Median home value: $284K (+7.6% YoY). Rent: $1,732/mo. Price-to-rent: 13.7x. Part of Norwich-New London, CT.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Norwich-New London, CT metro page.
Home Value$283,854
+7.6%
Rent$1,732/mo
AFFORDABILITYRenting $288/mo cheaper ($1,732 rent)6.00% 30yr, 20% down, county tax + CT ins. 28% per HUD.
Enter your income for Norwich.
$56,771 on $283,854
Stretch — 32.3% of income
Above 28% but manageable with cuts.
PITI$2,020
P/I32.3%
Afford$246K
Gap-$38K
P&I $1,361Tax $509Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing