Norwich-New London-Willimantic
Connecticut ยท Ranked #147 of 373 metros
81Affordable
๐ก
Housing in Norwich-New London-Willimantic costs 3.92ร the median income, below the national average of 4.5ร. The median home price is $324K and median rent is $1,348/month. Norwich-New London-Willimantic ranks #147 of 373 metros for affordability.
Median Home Price
๐$324K
Need $96K income
Median Rent
๐$1,348
Need $54K income
Building Permits
๐จ509
annual
Median Income
๐ฐ$83K
Pop: 288,815
Rent Burden
โ ๏ธ24.0%
of renters paying >30%
Homeownership
๐ก65.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Norwich-New London-Willimantic | National |
|---|---|---|
| Price-to-Income Ratio | 3.92x | 6.1x |
| Rent Burden | 24.0% | 31.5% |
| Homeownership Rate | 65.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,287/mo
1 Bedroom$1,496/mo
2 Bedroom$1,866/mo
3 Bedroom$2,406/mo
4 Bedroom$2,988/mo
Zillow Market Data
Home Value (ZHVI)
$401K
1yr: +5.5%5yr: +49.7%
Rent (ZORI)
$1,879/mo
1yr: +2.0%5yr: +44.9%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$345K
Active Inventory
34
Days on Market
36
Sold Above List
50.0%
Price Drops
11.8%