Median home value in zip code 06340 (Groton, CT) is $360,856, up 3.6% year over year. Part of the Norwich-New London, CT metropolitan area.

Home Value$360,856

YoY Change

+3.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 06340 (Groton).

Income (annual)

Down Payment

$72,171 on $360,856

Example: $75,000 household income. Change it above to see your own.

Out of reach41.9% of income

Need $112,329/yr to afford.

PITI$2,621

P/I41.9%

Afford$241K

Gap-$120K

P&I $1,825Tax $647Ins $150

6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

06340 is part of the Norwich-New London, CT metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Norwich-New London, CT analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.