Stonington, CT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

219 / 402

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$47,130

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$587,176

Median Home Sale Price

Top Earners

$96,441

Top-Earners Revenue

Stonington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Stonington.

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B

Generally Investor friendly

Stonington Regulations

STRs are explicitly allowed with no municipal permits, fees, or caps required, creating an open operating environment. However, the lack of formal regulations creates uncertainty for investors, and the 15% state room occupancy tax applies. The defeated 2023 ordinance proposal indicates potential future restrictions, making this more challenging than a completely unregulated environment.

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About Stonington

Stonington is a town located in New London County, Connecticut. The municipal limits of the town include the borough of Stonington, the villages of Pawcatuck, Lords Point, and Wequetequock, and the eastern halves of the villages of Mystic and Old Mystic. Stonington is part of the Southeastern Connecticut Planning Region. The population of the town was 18,335 at the 2020 census.

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