Home prices
Groton Long Point's median home price is $730,800. Compared to its nearby areas it is about $450,340 (160%) higher.In comparison to the entire country it is about $513,300 (236%) higher, and is approximately $198,100 (37%) higher in comparison to the city of Boston.
Rents
In Groton Long Point the median monthly rent is $2,357. This is roughly $1,257 (114%) higher compared to its surrounding areas.Compared to the entire country it is about $1,295 (121%) higher, and it is approximately $737 (45%) higher in comparison to the city of Boston.
Nearby places
Noank
Noank is approximately 1 mile north of Groton Long Point. The housing prices there are substantially less expensive. The cost of the median home in Noank is $416,900, which works out to $313,900 (75%) lower than Groton Long Point. Rent there is significantly less expensive. Noank's median rent is $1,000 a month, which works out to $1,357 (135%) lower than Groton Long Point.
Poquonock Bridge
Poquonock Bridge is about 1 mile north from Groton Long Point. The housing prices there are substantially less expensive. The median home in Poquonock Bridge costs $153,200, which comes out to $577,600 (377%) lower than Groton Long Point. The rent there is significantly less expensive. Poquonock Bridge's median rent is $1,158 a month, which works out to $1,199 (103%) lower than Groton Long Point.
Groton
Groton is approximately 3 miles northwest of Groton Long Point. The real estate prices there are a lot less expensive. The median home price in Groton is $221,800, which works out to $509,000 (229%) lower than Groton Long Point. The rent there is a lot less expensive. The median rent in Groton is $1,014 a month, which comes out to $1,343 (132%) lower than Groton Long Point.
Mystic
Mystic is approximately 3 miles northeast from Groton Long Point. The housing prices there are substantially less expensive. The cost of the median home in Mystic is $428,500, which is $302,300 (70%) lower than Groton Long Point. Its rents are substantially less expensive. The median rent in Mystic is $1,341 per month, which is $1,016 (75%) lower than Groton Long Point.
New London
New London is approximately 4 miles northwest from Groton Long Point. Its housing prices are substantially less expensive. The median home price in New London is $181,900, which works out to $548,900 (301%) lower than Groton Long Point. The rent there is substantially less expensive. In New London the median rent is $987 a month, which is $1,370 (138%) lower than Groton Long Point.