Home prices
The value of the median home in Noank is $416,900. Compared to other places in this area this is about $62,360 (17%) higher.It is roughly $199,400 (91%) higher compared to the nation as a whole, and compared to the city of Boston it is roughly $115,800 (21%) lower.
Rents
Noank's median rent is $1,000 per month. It is approximately $456 (31%) lower compared to the surrounding areas.Compared to the rest of the country it is about $62 (5%) lower, and is approximately $620 (38%) lower compared to the city of Boston.
Nearby places
Poquonock Bridge
Poquonock Bridge is Noank's neighbor to the west. Real estate prices there are a lot less expensive. Poquonock Bridge's median home value is $153,200, which comes out to $263,700 (172%) lower than Noank. Its rents are a bit more expensive. Poquonock Bridge's median monthly rent is $1,158, which works out to $158 (13%) higher than Noank.
Groton Long Point
Groton Long Point is approximately 1 mile south from Noank. The real estate prices there are significantly more expensive. The value of the median home in Groton Long Point is $730,800, which works out to $313,900 (42%) higher than Noank. Its rents are a lot more expensive. The median monthly rent in Groton Long Point is $2,357, which is $1,357 (57%) higher than Noank.
Mystic
Mystic is approximately 2 miles northeast of Noank. The housing prices there are pretty similar. The median home value in Mystic is $428,500, which is $11,600 (2%) higher than Noank. Rents there are a bit more expensive. In Mystic the median monthly rent is $1,341, which works out to $341 (25%) higher than Noank.
Groton
Groton is approximately 3 miles west of Noank. Its housing prices are significantly less expensive. Groton's median home value is $221,800, which is $195,100 (87%) lower than Noank. Its rents are fairly similar. Groton's median monthly rent is $1,014, which works out to $14 (1%) higher than Noank.
Old Mystic
Old Mystic is about 3 miles north from Noank. Housing prices there are a lot less expensive. The median home in Old Mystic is valued at $238,400, which is $178,500 (74%) lower than Noank. Rent there is somewhat more expensive. Old Mystic's median rent is $1,408 a month, which comes out to $408 (28%) higher than Noank.
