What is the median home value in Niantic, CT?

The median value of owner-occupied homes in Niantic, CT is $396,000 (±$38,075), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Niantic, the median home value went from $294,200 in 2015–2019 to $396,000 in 2020–2024 (+34.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$396,000 (±$38,075)
Owner-occupied homes
1,067 (±208)
Most common range
$300,000 to $499,999

Home values in Niantic

Owner-occupied homes by value, 2020–2024
ValueNianticSoutheastern Connecticut Planning RegionConnecticutUnited States
Less than $50,0003.3% (±3.6 points)3.8%2.4%5.3%
$50,000 to $99,9990.0% (±3.9 points)2.0%1.5%6.1%
$100,000 to $149,9990.7% (±1.0 points)4.0%3.3%6.8%
$150,000 to $199,9991.9% (±3.1 points)8.1%6.9%9.0%
$200,000 to $299,9999.7% (±6.3 points)26.6%21.5%17.8%
$300,000 to $499,99953.7% (±12.0 points)38.7%36.8%26.9%
$500,000 to $999,99929.3% (±9.2 points)14.5%20.8%20.9%
$1,000,000 or more1.4% (±2.5 points)2.2%6.8%7.1%

The most common range is $300,000 to $499,999, 53.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Niantic against Southeastern Connecticut Planning Region, its state and the nation

Estimate (90% margin of error)
NianticSoutheastern Connecticut Planning RegionConnecticutUnited States
Median home value$396,000 (±$38,075)$323,400 (±$5,559)$366,900 (±$1,621)$332,700
Owner-occupied homes1,067 (±208)75,341 (±1,292)952,989 (±5,585)84,210,142

In Niantic, the median home value is higher than in Southeastern Connecticut Planning Region ($323,400).

It is not measurably different from Connecticut ($366,900).

It is higher than the national figure ($332,700).

In Southeastern Connecticut Planning Region, Niantic ranks 3 of 15 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 60 of 131.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Niantic have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$294,200 (±$17,223)$396,000 (±$38,075)+34.6%No measurable change after inflation
Median owner cost with a mortgage$1,828 (±$201)$2,110 (±$371)+15.4%No measurable change after inflation
Median real estate taxes$4,783 (±$269)$6,311 (±$313)+31.9%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Niantic

Nearest places with a published estimate, compared with Niantic
PlaceDistanceMedian home valueCompared with this place
Niantic—$396,000 (±$38,075)—
Waterford3.7 mi$355,900 (±$13,589)Not measurably different
Waterford (community)4.2 mi$282,900 (±$34,209)Lower
New London5.5 mi$253,300 (±$22,757)Lower
Old Lyme5.5 mi$484,200 (±$21,146)Higher
Long Hill (Southeastern Connecticut Planning Region)8.1 mi$175,600 (±$61,598)Lower
Old Saybrook Center8.5 mi$466,100 (±$70,351)Not measurably different
Conning Towers-Nautilus Park8.7 mi$290,100 (±$35,969)Lower
Lyme8.9 mi$629,900 (±$104,959)Higher

Nearby places with a measurably lower figure: Waterford (community), CT ($282,900), New London, CT ($253,300), Long Hill (Southeastern Connecticut Planning Region), CT ($175,600).

Nearby places with a measurably higher figure: Old Lyme, CT ($484,200), Lyme, CT ($629,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Southeastern Connecticut Planning Region, place by place

RankPlaceMedian home value
1Mystic$538,800 (±$83,295)
2Noank$531,900 (±$159,429)
3Niantic$396,000 (±$38,075)
4Pawcatuck$360,600 (±$18,967)
5Old Mystic$342,500 (±$15,838)
6Gales Ferry$335,100 (±$67,611)
7Colchester (community)$294,600 (±$20,383)
8Conning Towers-Nautilus Park$290,100 (±$35,969)
9Waterford (community)$282,900 (±$34,209)

Showing 9 of 15 places in Southeastern Connecticut Planning Region, ranked from highest to lowest.

Niantic is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside East Lyme, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Niantic

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Niantic beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Niantic, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Niantic, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Niantic

What is the average home value in Niantic, CT?

The Census Bureau publishes the median: $396,000 (±$38,075) for owner-occupied homes in Niantic (2020–2024 American Community Survey).

Have home values in Niantic gone up?

In Niantic, the median home value went from $294,200 in 2015–2019 to $396,000 in 2020–2024 (+34.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Niantic sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Niantic CDP, Connecticut (place:53120, in state:09).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related