The story of this market
The typical home in ZIP 06335 sells for about $409,000, or $235 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,815 a month.
ZIP 06335 — Ledyard
The housing market in 06335 remains competitive, driven by low inventory and consistent demand from the defense-sector workforce. While price growth has moderated compared to the post-pandemic surge, the area maintains strong buyer interest and high sale-to-list ratios. Limited supply continues to be the primary factor supporting current price levels.
This ZIP is ideal for military families, defense industry professionals, and suburban buyers seeking a balance of proximity to major employers and a quiet, community-oriented environment.
Median prices moved up 4.2% year over year.
Homes spend a median of 23 days on market with 3.1 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 10.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 06335, New London County CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Ledyard/Gales Ferry area remain consistently lower than the Connecticut state average and significantly below national urban benchmarks. Reported incidents are primarily property-related with minimal violent crime.
The area is served by Ledyard Public Schools, which generally maintain strong performance ratings and are well-regarded for their academic programs and student support services.
The geography faces moderate risk from coastal storm surges and wind events due to its proximity to the Thames River and Long Island Sound. Flood insurance is recommended for properties in low-lying zones near the water.
Economic momentum is anchored by the nearby Electric Boat (General Dynamics) shipyard and the Naval Submarine Base New London. Infrastructure investment remains focused on regional transit connectivity and supporting the defense-industrial base.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
Residents primarily commute via Route 12 or I-95 toward major employment hubs in Groton, New London, and Norwich. The area is largely car-dependent with limited public transit options for daily commuting.
The area features extensive access to the Thames River for boating and fishing, along with local parks like Gales Ferry Landing. Shopping and dining options are concentrated along the Route 12 corridor and in nearby Groton.
The rental market is characterized by low vacancy rates due to high demand from military personnel and defense contractors. Rents have seen consistent upward pressure over the last 24 months.
The economy is heavily reliant on the defense sector, specifically submarine manufacturing and naval operations. This provides a stable employment base with high-skill, high-wage opportunities.
The area is served by a network of state routes connecting to I-95 and I-395. Public transit is minimal, consisting primarily of regional bus services connecting to New London.
Development is focused on supporting the growth of the defense industrial base and associated workforce housing needs. Zoning remains largely residential with strict controls on high-density expansion.
The New London County assessment regime follows a periodic revaluation cycle mandated by state law to ensure property values reflect current market conditions.
Parcels are subject to municipal taxes for Ledyard and regional school district levies. No significant MUD or special utility districts are present.
Property insurance premiums are rising due to regional hazard exposure, particularly flood and wind risks associated with coastal Connecticut.
Connecticut continues to see modest net domestic migration outflows, though the Norwich-New London area maintains stability due to defense-sector employment.
Connecticut is a judicial foreclosure state, requiring court intervention for all foreclosure proceedings, which typically results in longer timelines for lenders.
Sellers are required to provide a comprehensive residential property condition disclosure report to buyers prior to the execution of a purchase agreement.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Mashantucket, CT3.86 mi
- Ocean Beach Park4.48.8 mi
- Supercharged Indoor Karting and Axe Throwing4.47.9 mi
- The Dinosaur Place4.48.5 mi
- Nature's Art Village4.58.5 mi
- Mohegan Sun4.54.4 mi
- Foxwoods Resort Casino4.35.8 mi
- Mohegan Sun Arena4.64.3 mi
- Supercharged Indoor Karting and Axe Throwing4.47.9 mi
- Katharine Hepburn Cultural Arts Center4.819.2 mi
- Foxwoods Resort Casino4.35.8 mi
- Mystic Aquarium4.56.9 mi
- Great Wolf Lodge | Mashantucket, CT3.86 mi
- Rocky Neck State Park4.612.5 mi
- Ocean Beach Park4.48.8 mi
- Mystic Seaport Museum4.67 mi
- Gillette Castle State Park4.719.2 mi
- Essex Steam Train & Riverboat4.718.8 mi
- B.F. Clyde's Cider Mill4.65.9 mi
- Mashantucket Pequot Museum & Research Center4.75.5 mi
- Rocky Neck State Park4.612.5 mi
- Ocean Beach Park4.48.8 mi
- Harkness Memorial State Park4.89.5 mi
- The Dinosaur Place4.48.5 mi
- Bluff Point State Park4.76.9 mi
- Mystic Downtown Marina4.77.2 mi
- Black Hall Marina4.716.4 mi
- Three Belles Marina4.79.4 mi
- Mystic River Marina4.57.9 mi
- Safe Harbor Essex Island4.617.8 mi
- Foxwoods Resort Casino4.35.8 mi
- Lake of Isles4.66.6 mi
- Shennecossett Golf Course4.17.3 mi
- River Ridge Golf Course4.210.9 mi
- Pequot Golf Club4.18.4 mi
- Olde Mistick Village4.66.7 mi
- Tanger Outlets Foxwoods4.45.9 mi
- Burlington4.25.4 mi
- Nature's Art Village4.58.5 mi
- ShopRite of New London4.15.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Public access point to the Thames River for recreation.
Local hub for essential services and community events.
Preserved historic landmark and museum.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.