Metro area index
Home appreciation in the Norwich-New London-Willimantic, CT metro area
FHFA HPI® data shows the Norwich-New London-Willimantic, CT metro area's all-transactions index changed +6.4% over the year to Q2 2026, versus +5.7% for Connecticut and +3.0% for the U.S. That ranks 50th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.4%
- 5-year change
- +60.9%
- Since Q1 1995
- +260%
- Metro rank (1 year)
- 50th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Norwich-New London-Willimantic, CT vs Connecticut and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Norwich-New London-Willimantic, CT: 360.4
- Connecticut: 340.3
- United States: 391.6
Appreciation by time window
| Window | Metro | CT | U.S. | Gap vs CT | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.4% | +5.7% | +3.0% | +0.7 pts | +3.3 pts |
| 3 years | +26.5% | +23.6% | +12.9% | +2.9 pts | +13.6 pts |
| 5 years | +60.9% | +56.1% | +41.3% | +4.8 pts | +19.6 pts |
| 10 years | +107% | +90.6% | +93.3% | +16.4 pts | +13.7 pts |
| Since Q1 1995 | +260% | +240% | +292% | +20.1 pts | −31.2 pts |
3-digit ZIP regions in the Norwich-New London-Willimantic, CT area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 063 · Norwich, CT area | CT | +4.6% | +60.1% | +275% | 91% |
Boom, bust, and recovery in Norwich-New London-Willimantic, CT area
Norwich-New London-Willimantic, CT area's index peaked in Q4 2006, fell 24.4% to its low in Q1 2014, and regained its peak in Q2 2021, about 14.5 years after the top. Today it sits +62.3% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2006 | Q1 2014 | -24.4% | Q2 2021 (14.5 yrs) | +62.3% |
| CT | Q1 2007 | Q1 2014 | -20.1% | Q2 2021 (14.2 yrs) | +56.5% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Norwich-New London-Willimantic, CT area's index has changed +62.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | CT after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +2.4% | +1.7% | -0.8% |
| 3 years | +9.8% | +15.2% | +12.6% | +2.8% |
| 5 years | +24.0% | +29.7% | +25.9% | +13.9% |
| 10 years | +39.1% | +48.9% | +37.1% | +39.0% |
| Since Q1 1995 | +121% | +62.8% | +53.7% | +76.8% |
If you bought in the Norwich-New London-Willimantic, CT area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +252% | $1,056,700 |
| Q2 2000 | +193% | $879,810 |
| Q2 2005 | +74.2% | $522,629 |
| Q2 2010 | +90.5% | $571,623 |
| Q2 2015 | +108% | $623,801 |
| Q2 2020 | +84.6% | $553,762 |
| Q2 2021 | +60.9% | $482,660 |
| Q2 2023 | +26.5% | $379,443 |
| Q2 2025 | +6.4% | $319,081 |
Frequently asked questions
- How much have home prices risen in the Norwich-New London-Willimantic, CT area?
- FHFA HPI® data for the Norwich-New London-Willimantic, CT metro area shows changes of +6.4% over one year, +60.9% over five years, and +107% over ten years to Q2 2026, and +260% since Q1 1995.
- Is the Norwich-New London-Willimantic, CT area beating the national average?
- Over the past year the metro's index moved +3.3 pts versus the U.S.; over five years the gap is +19.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.