Colebrook, CT—06021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colebrook, CT
As of Oct '25, the median home price in Colebrook, CT is $408,000, with a year-over-year change of 0.4%. This indicates that home prices in Colebrook, CT are flat. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $408,000 | 0.4% |
| Single Family | $408,000 | 0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $322,000 | 0.0% |
3 Bed | $418,000 | 0.2% |
4 Bed | $530,000 | 2.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Colebrook, CT
Colebrook, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Colebrook, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Colebrook, CT is 71. This is a decrease of -29.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $449,000 | 8.0% |
Listing Count | 11 | 7.0% |
| Listings as % of Homes | 0.7% | 7.0% |
Days on Market | 71 | -29.0% |
Demographics — Colebrook, CT
As of the latest ACS Survey released in 2023, Colebrook, CT has a population of 1,460, which has increased by 350.2% over the past 5 years. Colebrook, CT is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 38.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 350.2% |
% Under 18 | 16.4% | -22.6% |
% Seniors | 26.8% | 277.5% |
% WFH | 6.9% | -6.8% |
% w/ College Degree | 38.9% | 21.2% |
As of the latest ACS Survey released in 2023, Colebrook, CT is a predominantly white area, with 91.0% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Colebrook, CT is asian, making up 2.1% of the population. Foreign-born residents account for 4.5% of the population in Colebrook, CT, and this percentage has decreased by 47.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.0% | -0.8% |
% Black | 1.6% | -36.0% |
% Hispanic | 1.6% | -69.2% |
% Asian | 2.1% | -32.3% |
% Foreign Born | 4.5% | -47.7% |
Mortgage and Risk — Colebrook, CT
According to HUD data as of 2023, there were 27 mortgage originations in Colebrook, CT, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 38.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Colebrook, CT. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 27 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Colebrook, CT
Colebrook, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | N/A | N/A | $1,770 |
| 3 Bedroom | N/A | N/A | $2,210 |
| 4 Bedroom | N/A | N/A | $2,530 |
Affordability — Colebrook, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $408,000 |
| Median Household Income | $115,000 |