New Preston, Connecticut.
Typical home $704,005 (+4.5% in a year). Torrington, CT metro.
to buy the typical home at today's mortgage rate — +$2,305 (+166%) since Jan 2020.
- 1 year
- Up $30,294 +4%
- $673,711$704,005 since Sep 2025
- 5 years
- Up $197,510 +39%
- $506,495$704,005 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New Preston$3,695
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in New Preston, CT rose 4.5% over the past year — faster than the nation's +1.2%.
Living in New Preston, Connecticut
New Preston, in , had 1,126 people in the 2020 census.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New Preston is a small community in Connecticut's northwest hills, a quiet place where homes sit among woods, water and open land. Homes here are valued well above what is typical across much of the country, and the town is small enough that people tend to know one another.
Work. The facts at hand do not name any large employers in or around New Preston, so there is little to say here about where people work. Small communities like this one often send many residents to jobs in nearby towns.
Things to do. Lake Waramaug, a lake in or beside town, is the natural centre of outdoor life here, and Lake Waramaug State Park, a protected area on the same shore, offers a place to walk and spend time by the water. Mount Tom State Park, another protected area in or beside town, adds more woodland to explore, and Kent Falls State Park, a short drive away, is a protected area known for its waterfall. Winters are cold, with January the coldest month, and summers are warm; across the year the town gets a fair amount of rain and melted snow.
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Weather through the year
Coldest in January, with highs near 35° and lows near 14°; warmest in July, with highs near 85° and lows near 58°. About 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Falls Village weather station, 18 miles away (NOAA).
Natural hazards
- Inland floodingRelatively moderate
- HurricanesRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across its planning region, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on and the Torrington, CT metro.
New Preston home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New Preston$704,005
- Connecticut$447,319
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- New Preston11
Zip codes with a New Preston address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New Preston — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.