Median home value: $402K (+4.7% YoY). Rent: $2,225/mo. Price-to-rent: 15.1x. 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$402,115
+4.7%
Rent$2,225/mo
AFFORDABILITYRenting $574/mo cheaper ($2,225 rent)6.00% 30yr, 20% down, county tax + CT ins. 28% per HUD.
Enter your income for Waterford.
$80,423 on $402,115
Out of reach — 44.8% of income
Need $119,957/yr to afford.
PITI$2,799
P/I44.8%
Afford$251K
Gap-$151K
P&I $1,929Tax $720Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing