Market Intelligence Report — CT-980
Norwich-New London-Willimantic, CT
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-CT-05
Updated: May 2026
Updated: May 2026
Median Listing
$480K
+2.1% YOY
Pending Ratio
1.12
+0.9% YOY
Active Inventory
367
+6.7% YOY
Median DOM
29 Days
-17.1% YOY
Primpted Sold Score™
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Market Signals & Indicators
Supply Dynamics
367 active listings represent the current floor, with new supply arriving at roughly 352 per month.
Pricing Pressure
8.2%
of active listings carry a price reduction, -2.8% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved -2.4% year-over-year.
Absorption
1.12
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Norwich-New London-Willimantic, CT
CBSA Code
35980
State
CT