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Niantic

Niantic

$574,158 Average Value
$378 Average Price per Sq Ft
4 Homes For Sale

Niantic offers small-town coastal living with New England charm

Niantic is a small village on the Connecticut coast with a walkable downtown, an iconic boardwalk and top-rated schools. Properties on the Niantic Bay are typically used as vacation homes, and the houses downtown are mostly owned by full-time residents, creating a vibrant year-round community. The Niantic Bay Boardwalk and Hole in the Wall Beach are popular ways to get outside, and boaters can explore the bay, which is part of Long Island Sound. Downtown is home to several restaurants and the well-known Book Barn, a large used bookstore. Interstate 95 and nearby train stations connect to the larger cities of New York and Boston.

How much it costs to live in Niantic

The median sale price in Niantic is in the mid-$400,000s, lower than in East Lyme but higher than in Waterford. Prices vary widely depending on location:

  • Most homes cost between the lower $300,000s and the mid-$800,000s.
  • Homes on Niantic Bay can cost between $1.6 million and $2.7 million.
  • Houses near the bay can range from the upper $800,000s to $1.4 million.
  • Townhouses and condos usually range from the upper $300,000s to the upper $600,000s.
“The demand is super strong,” says Gregory Hanner, the owner and broker of Garden Realty who grew up in Niantic. “People love Niantic, and the positive thing about it is the majority of the properties are outside the flood zone — they’ve got decent elevation.” He says bayfront communities like Crescent Beach are mostly second homes that owners rent to vacationers, and houses close to downtown are typically occupied year-round. Rental options include apartment buildings and single-family properties.

East Lyme Public Schools earn top ratings

Kids can go to East Lyme Public Schools, a district that gets top ratings. From kindergarten through fourth grade, kids can attend Niantic Center School and then go to East Lyme Middle School and East Lyme High School. Hanner says the East Lyme Vikings football team plays their rivals, the Waterford Lancers, every Thanksgiving. Known as the Battle of the Bay, the annual tradition brings out big crowds.

Commuting options to New York and Boston

Interstate 95 is less than 10 minutes away and is the main route to New York and Boston. Depending on traffic, you can get to:

  • New York in two and a half hours
  • Boston in two hours
  • Hartford in one hour
The nearest Amtrak station is in New London, 20 minutes away. Here, you can take the train to Boston, a trip that’s around an hour and 50 minutes, or to New York, a trip that’s roughly two hours and 40 minutes. The Southeast Area Transit District offers bus service to Waterford and New London.

Locally owned restaurants and stores in the village center

Niantic’s village is centered around where Pennsylvania Avenue meets Main Street. Here, you can eat at several locally owned restaurants, like Skippers Seafood Restaurant, a walk-up counter with picnic tables overlooking the bay. The Black Sheep is a popular restaurant known for upscale Irish dishes and pub food. The Book Barn is a used bookstore that has three locations throughout the town. The Main Barn is the largest location and has goats, cats and gardens. The closest grocery stores are Stop & Shop and Costco near I-95.

Beaches, a boardwalk and boating for recreation

The over 1-mile Niantic Bay Boardwalk downtown is one of the area’s biggest attractions, offering views of the Niantic Bay. “There’s nothing else like that on the Connecticut coastline,” Hanner says. “I love to do that walk at sunrise — it’s breathtaking.” The boardwalk leads to Hole in the Wall Beach, a popular spot for sunbathing and swimming. McCook Point Park also has a beach, and it provides green space, a playground and a bandstand for summer concerts. Boating is popular, and marinas here include Port Niantic and Three Belles Marina. For hiking, the Oswegatchie Hills Nature Preserve is nearby. Other attractions here include the Niantic Bay Playhouse and the Niantic Children’s Museum.

A walkable village center, but you still need a car

Niantic’s village center is pedestrian-friendly, and most residential streets have sidewalks. However, you’ll still need a car to get to amenities like a grocery store. There are no bike lanes, though some people ride their bikes for fun along the boardwalk.

Annie Franklin
Written By
Annie Franklin

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

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Crime and Safety

1 - Low Crime, 10 - High Crime Niantic US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 3 4
Motor Vehicle Theft 2 4
Larceny 2 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Niantic Demographics and Home Trends

Housing Trends

Median List Price
$475,000
Median Sale Price
$462,000
Median Single Family Sale Price
$525,000
Median Townhouse Sale Price
$457,000
Median 2 Bedroom Sale Price
$375,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
50
Median Home Sale Price YoY Change
-8%
Average Price Per Sq Ft
$378

Neighborhood Facts

Number of Homes
1,428
Number of Homes for Sale
4
Median Year Built
1950
Months of Supply
1.00
Average Single Family Home Size Sq Ft
1,533
Significantly below the national average
1,930
Average Townhouse Size Sq Ft
1,856
Average 2 Bedroom Size Sq Ft
1,031
Average 1 Bedroom Size Sq Ft
718
Median Lot Size Sq Ft
10,018

Open Houses

  • Saturday, Feb 7
    12:30 - 1:30pm

    36 Attawan Rd, Niantic, CT 06357

    $895,000

    • 3 Beds
    • 2 Baths
    • 1,786 Sq Ft
    • 36 Attawan Rd

    Your own Outside Shower and Walking distance to Davis Beach! Enjoy waterviews and great sunrises from your wraparound Trex deck. Many updates including Marvin Windows, mini-split systems in all 3 upstairs bedrooms / kitchen area sitting room / living room / studio room = A/C in summer and heat pump for extra warmth options in winter, 200 amp service, thermal hot water storage tank, gutter leaf

    Loretta Ann McElwee Berkshire Hathaway NE Prop.

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,642
Median Age
56
Population Density
2 ppl/acre
Population under 18
14.7%
Below the national average
23.8%
Population over 65
33.7%
Above the national average
19.1%

Finances

Median Household Income
$97,553
Above the national average
$79,601
Average Household Income
$121,188

Education and Workforce

High School Graduates
96%
College Graduates
51.2%
Above the national average
34.1%
Advanced Degrees
28.2%
Above the national average
13.3%
% Population in Labor Force
62.8%

Area Factors

Bikeable

Bike Score®

55 / 100

Somewhat Walkable

Walk Score®

68 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Niantic