Bristol, CT06010

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$330,000
3.1% YoY Growth
Median Household Income
$83,600
25.2% 5-Year Growth
Days on Market
31
6.0% Longer than last year
Home Price Forecast
3.2%
Median Rent
$1,600
3.5% YoY Growth
1-Bed Rent
$1,350
N/A
2-Bed Rent
$1,600
11.3% YoY Growth
3-Bed Rent
$1,800
3.7% YoY Growth

Property Listings — Bristol, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Bristol, CT is 31. This is a increase of 6.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$365,0006.0%
Listing Count
1672.0%
Listings as % of Homes0.5%2.0%
Days on Market
316.0%
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Demographics — Bristol, CT

As of the latest ACS Survey released in 2023, Bristol, CT has a population of 61,200, which has increased by 1.5% over the past 5 years. Bristol, CT is a moderately popular place for families, as children make up 19.7% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
61,2001.5%
% Under 18
19.7%-6.2%
% Seniors
15.9%0.6%
% WFH
9.8%151.3%
% w/ College Degree
30.5%13.4%
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As of the latest ACS Survey released in 2023, Bristol, CT is a predominantly white area, with 64.9% of the population identifying as white. The white population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in Bristol, CT is hispanic, making up 18.6% of the population. Foreign-born residents account for 10.4% of the population in Bristol, CT, and this percentage has increased by 18.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
64.9%-12.7%
% Black
7.2%38.5%
% Hispanic
18.6%12.7%
% Asian
4.6%142.1%
% Foreign Born
10.4%18.2%
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Mortgage and Risk — Bristol, CT

According to HUD data as of 2023, there were 1169 mortgage originations in Bristol, CT, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Bristol, CT. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
1,169
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Bristol, CT

As of 2024, the percent of homes in Bristol, CT under the Section 8 program is 15.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Bristol, CT, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
1,885
Total Units Section 8
1,342
% Rentals under Section 8
15.1%
% Occupied Section 8
94.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$110$1,350$1,240
2 Bedroom-$30$1,600$1,570
3 Bedroom$90$1,800$1,890
4 Bedroom-$560$2,800$2,240

Affordability — Bristol, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$330,000
Median Household Income$83,600

Bristol, CT — ZIP Code Boundary Map

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Frequently Asked Questions