Market Overview
Home Prices in Griswold, CT
The median home value in Griswold, CT is $362,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Griswold are priced12% below average. Griswold is part of the Norwich-New London, CT metro area.
Over the past five years, Griswold home values have risen by approximately36.4%, reflecting strong long-term appreciation in this market.
Price History
Griswold Home Price Trend
City Comparison
Griswold vs. National Median
At $362,698, homes in Griswold cost 12% below the national median of $410,000. This makes Griswold a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Griswold?
20% Down Payment
$72,540
on $362,698
Monthly P&I
$1,892/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,403/mo
incl. taxes & insurance
Income Needed
$96,120
gross annual (30% rule)
10% Down Option
$36,270
+ PMI applies
Loan Amount (20% dn)
$290,158
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Griswold, CT?
The median home value in Griswold is $362,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Griswold?
Over the past year, home values in Griswold have increased by 3.2%. Over five years, prices have risen approximately 36.4%.
How much do I need to earn to buy a home in Griswold?
To comfortably afford the median home price of $362,698 with a 20% down payment ($72,540) at today's rates (6.8%), you'd need a gross annual income of approximately $96,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Griswold compare to the national average home price?
The national median home value is approximately $410,000. At $362,698, homes in Griswold are 12% below the national average.
What metro area is Griswold part of?
Griswold is part of the Norwich-New London, CT metropolitan area. Home prices and market conditions can vary across the broader metro region.