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Broad Brook, CT—06016

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$412,000
6.4% YoY Growth
Household Income
$119,000
40.4% YoY Growth
Days on Market
25
12.0% Shorter YoY
Home Price Forecast
2.4%
Median Rent
$2,250
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,600
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Broad Brook, CT

As of May '26, the median home price in Broad Brook, CT is $412,000, with a year-over-year change of 6.4%. This indicates that home prices in Broad Brook, CT are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$412,0006.4%
Single Family $442,0006.0%
Condos $295,0006.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$295,0005.4%
    3 Bed
    		$442,0005.7%
    4 Bed
    		$495,0006.0%
    5 Bed $526,9326.5%
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    % of Housing Stock

    Studio
    3.8%
    1 Bedroom
    6.5%
    2 Bedrooms
    27.9%
    3 Bedrooms
    41.7%
    4 Bedrooms
    17.0%
    5+ Bedrooms
    3.2%

    Rental Trends — Broad Brook, CT

    Broad Brook, CT lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$2,250$2,480
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,600$1,920
    3 Bed Rent N/AN/A
    4 Bed Rent $3,600$3,600
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    % of Rental Stock

    Studio
    14.2%
    1 Bedroom
    17.9%
    2 Bedrooms
    57.9%
    3 Bedrooms
    9.9%

    Property Listings — Broad Brook, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Broad Brook, CT is 25. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$482,000-16.0%
    Listing Count
    		14-3.0%
    Listings as % of Homes0.6%-3.0%
    Days on Market
    		25-12.0%
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    Demographics — Broad Brook, CT

    As of the latest ACS Survey released in 2023, Broad Brook, CT has a population of 6,830, which has remained stable by -1.0% over the past 5 years. Broad Brook, CT is a moderately popular place for families, as children make up 15.7% of the population. The area has a highly educated workforce, with 49.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,830-1.0%
    % Under 18
    		15.7%-32.6%
    % Seniors
    		20.8%57.6%
    % WFH
    		20.9%895.2%
    % w/ College Degree
    		49.4%31.0%
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    As of the latest ACS Survey released in 2023, Broad Brook, CT is a predominantly white area, with 70.8% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Broad Brook, CT is hispanic, making up 8.5% of the population. Foreign-born residents account for 10.1% of the population in Broad Brook, CT, and this percentage has increased by 2.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		70.8%-7.5%
    % Black
    		7.5%-12.8%
    % Hispanic
    		8.5%-1.2%
    % Asian
    		6.7%131.0%
    % Foreign Born
    		10.1%2.0%
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    Mortgage and Risk — Broad Brook, CT

    According to HUD data as of 2023, there were 121 mortgage originations in Broad Brook, CT, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Broad Brook, 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
    		121
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Broad Brook, CT

    Broad Brook, CT lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		139
    Total Units Section 8
    		139
    % Rentals under Section 8
    		16.9%
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,590
    2 Bedroom$410$1,600$2,010
    3 BedroomN/AN/A$2,420
    4 Bedroom-$730$3,600$2,870

    Affordability — Broad Brook, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.6
    Median Home Price$412,000
    Median Household Income$119,000

    Broad Brook, CT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    East Windsor, CT

    06088

    South Windsor, CT

    06074

    Enfield, CT

    06082

    Ellington, CT

    06029

    Windsor Locks

    06080

    Frequently Asked Questions