Avon, CT—06001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avon, CT
As of Oct '25, the median home price in Avon, CT is $556,000, with a year-over-year change of 6.5%. This indicates that home prices in Avon, CT are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $556,000 | 6.5% |
| Single Family | $656,000 | 6.0% |
| Condos | $371,000 | 6.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $335,000 | 5.7% |
3 Bed | $472,000 | 6.1% |
4 Bed | $730,000 | 5.8% |
| 5 Bed | $1,067,000 | 7.2% |
% of Housing Stock
Rental Trends — Avon, CT
As of July '25, Rentcast reports the average rent in Avon, CT is $2,910, with a year-over-year rent change of -18.7%. Per bedroom, the median rent as of July '25 in Avon, CT is studios: $1,400, 1-bedrooms: $1,660, 2-bedrooms: $2,660, 3-bedrooms: $3,230, 4-bedrooms: $4,040. The most common rental property sizes in Avon, CT are 2-bedroom and 1-bedroom, accounting for 41.4% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,910 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,640 | $1,660 |
| 2 Bed Rent | $2,800 | $2,660 |
| 3 Bed Rent | $3,150 | $3,230 |
| 4 Bed Rent | $4,500 | $4,040 |
% of Rental Stock
Property Listings — Avon, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Avon, CT is 41. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $632,000 | -3.0% |
Listing Count | 80 | 23.0% |
| Listings as % of Homes | 0.6% | 23.0% |
Days on Market | 41 | 7.0% |
Demographics — Avon, CT
As of the latest ACS Survey released in 2023, Avon, CT has a population of 19,200, which has increased by 3.4% over the past 5 years. Avon, CT is a moderately popular place for families, as children make up 22.5% of the population. The area has a highly educated workforce, with 71.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 3.4% |
% Under 18 | 22.5% | -8.9% |
% Seniors | 21.1% | -0.9% |
% WFH | 29.0% | 320.3% |
% w/ College Degree | 71.7% | 5.3% |
As of the latest ACS Survey released in 2023, Avon, CT is a predominantly white area, with 73.5% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Avon, CT is asian, making up 15.0% of the population. Foreign-born residents account for 17.2% of the population in Avon, CT, and this percentage has increased by 11.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.5% | -8.4% |
% Black | 2.3% | 187.5% |
% Hispanic | 4.7% | -2.1% |
% Asian | 15.0% | 21.0% |
% Foreign Born | 17.2% | 11.0% |
Mortgage and Risk — Avon, CT
According to HUD data as of 2023, there were 420 mortgage originations in Avon, CT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Avon, CT. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 420 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Avon, CT
As of 2024, the percent of homes in Avon, CT under the Section 8 program is 2.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Avon, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,640 | $1,600 |
| 2 Bedroom | -$770 | $2,800 | $2,030 |
| 3 Bedroom | -$700 | $3,150 | $2,450 |
| 4 Bedroom | -$1,600 | $4,500 | $2,900 |
Affordability — Avon, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $556,000 |
| Median Household Income | $151,000 |