Groton, CT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Groton short-term rental market based on reliable data.

Listings

194 / 319

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$45,608

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$411,359

Median Home Sale Price

Top Earners

$102,933

Top-Earners Revenue

Groton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Groton.

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B

Generally Investor friendly

Groton Regulations

New STRs are allowed but require site‑plan (and sometimes special‑permit) approvals, inspections and parking; they are limited to designated commercial/mixed‑use zones and certain residential districts, with a primary‑residence rule in residential areas. No caps or high municipal fees are reported, and approvals run with the property, but public hearings and pending litigation create moderate enforcement risk.

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About Groton

Groton is a town in New London County, Connecticut located on the Thames River. It is the home of General Dynamics Electric Boat, which is the major contractor for submarine work for the United States Navy. The Naval Submarine Base New London is located in Groton, and the pharmaceutical company Pfizer is also a major employer. Avery Point in Groton is home to a regional campus of the University of Connecticut. The town is part of the Southeastern Connecticut Planning Region. The population was 38,411 at the 2020 census.

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