The story of this market
The typical home in ZIP 06336 sells for about $272,337, or $205 per square foot.
Prices are roughly flat from a year ago (-0.97%), a market in balance. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,900 a month.
ZIP 06336 — Gilman
The Norwich housing market is currently experiencing a period of stability with modest price fluctuations. While inventory remains relatively tight, the market is balanced by steady demand from local buyers and renters. Current conditions reflect a typical seasonal pattern for the region.
This area is well-suited for families and professionals seeking a more affordable entry point into the Connecticut housing market compared to the state's coastal hubs. It attracts commuters working in the broader Norwich-New London metro area.
Median prices moved down 1.0% year over year.
Homes spend a median of 44 days on market with 2.4 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 103% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — 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 5.7%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06336, 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 Norwich area are generally consistent with regional averages for southeastern Connecticut, though specific neighborhood variations exist. Local law enforcement reports stable trends in property-related incidents.
Public schools in the area are served by the Norwich Public Schools district, which provides a range of educational services; performance ratings vary by individual school facility.
The area faces moderate risks related to coastal weather events and seasonal storms common to the New London County region. Property insurance markets remain active but are sensitive to regional hazard exposure.
Economic momentum is driven by the healthcare, education, and defense-related industries prevalent in the Norwich-New London metro area. Infrastructure development remains focused on maintaining regional transit corridors.
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 typically rely on personal vehicles for commuting, with access to major regional highways like I-395 and Route 2 connecting to employment hubs in New London and Groton.
The area features access to local parks, the Yantic and Shetucket rivers, and proximity to regional shopping centers and historic downtown Norwich amenities.
The rental market shows steady demand, supported by the area's proximity to major regional employers and educational institutions. Vacancy rates remain low, reflecting a tight supply of available rental units.
The economy is anchored by healthcare providers, the regional education sector, and proximity to the defense industry in nearby Groton. The mix includes a significant presence of retail and service-based businesses.
The area is served by a network of state highways and local bus services, with limited rail connectivity compared to the western part of the state.
Development efforts are primarily focused on urban infill and the revitalization of historic commercial properties within the city limits.
The New London County assessment regime is managed by individual municipal assessors who conduct periodic revaluations to ensure tax equity.
Parcels are subject to municipal property taxes and may fall within specific fire or water district jurisdictions.
Property insurance premiums are influenced by the area's coastal proximity and historical weather patterns, with standard coverage widely available.
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, CT3.814.4 mi
- Ocean Beach Park4.419.3 mi
- Supercharged Indoor Karting and Axe Throwing4.410.8 mi
- The Dinosaur Place4.410.3 mi
- Nature's Art Village4.510.3 mi
- Mohegan Sun4.58.1 mi
- Foxwoods Resort Casino4.314.1 mi
- Mohegan Sun Arena4.68.1 mi
- Harry A. Gampel Pavilion4.715.9 mi
- Supercharged Indoor Karting and Axe Throwing4.410.8 mi
- Supercharged Indoor Karting and Axe Throwing4.410.8 mi
- Devil's Hopyard State Park4.710.3 mi
- The Dinosaur Place4.410.3 mi
- Mansfield Drive-in Theatre & Marketplace4.611.7 mi
- Nature's Art Village4.510.3 mi
- Mystic Seaport Museum4.619.2 mi
- Gillette Castle State Park4.716.3 mi
- Essex Steam Train & Riverboat4.719.3 mi
- B.F. Clyde's Cider Mill4.617.6 mi
- Mashantucket Pequot Museum & Research Center4.714.3 mi
- Devil's Hopyard State Park4.710.3 mi
- The Dinosaur Place4.410.3 mi
- Mohegan Park4.66.9 mi
- Mansfield Hollow State Park4.712.6 mi
- Gardner Lake State Park4.35.7 mi
- Mystic Downtown Marina4.719.5 mi
- Three Belles Marina4.716.6 mi
- Safe Harbor Essex Island4.618.5 mi
- River Ridge Golf Course4.211 mi
- Mohegan Sun Golf Club4.25.9 mi
- Fox Hopyard Golf Club4.412.3 mi
- Windham Golf Course3.910.1 mi
- Chanticlair Golf Course3.97.9 mi
- Nature's Art Village4.510.3 mi
- ShopRite of Norwich4.16.6 mi
- Holmberg Orchards4.610.4 mi
- Big Y4.411 mi
- Big Y4.36.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large municipal park featuring trails, a pond, and recreational facilities.
Historic district with local restaurants, shops, and cultural venues.
Provides opportunities for fishing and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.