Berlin, CT—06023
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Berlin, CT
Home Price Trends — Berlin, CT
As of Oct '25, the median home price in Berlin, CT is $398,000, with a year-over-year change of 4.7%. This indicates that home prices in Berlin, CT are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $398,000 | 4.7% |
| Single Family | $427,000 | 3.1% |
| Condos | $356,000 | 6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $340,000 | 6.2% |
3 Bed | $411,000 | 3.5% |
4 Bed | $504,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Berlin, CT
Berlin, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $10,000 | $10,000 |
| 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 — Berlin, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Berlin, CT is 80. This is a increase of 177.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $784,000 | 172.0% |
Listing Count | 4 | 67.0% |
| Listings as % of Homes | N/A | 67.0% |
Days on Market | 80 | 177.0% |
Demographics — Berlin, CT
As of the latest ACS Survey released in 2023, Berlin, CT has a population of 1,460, which has increased by 17.4% over the past 5 years. Berlin, CT is a moderately popular place for families, as children make up 18.2% of the population. The area has a moderately educated workforce, with 39.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 17.4% |
% Under 18 | 18.2% | -20.5% |
% Seniors | 25.5% | 29.4% |
% WFH | 14.5% | ∞% |
% w/ College Degree | 39.4% | 47.6% |
As of the latest ACS Survey released in 2023, Berlin, CT is a predominantly white area, with 92.6% of the population identifying as white. The white population has grown by 13.6% in the last 5 years. The second most common race or ethnicity in Berlin, CT is asian, making up 6.6% of the population. Foreign-born residents account for 20.7% of the population in Berlin, CT, and this percentage has increased by 127.5% 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 | 92.6% | 13.6% |
% Black | 0.0% | N/A |
% Hispanic | 0.8% | -93.4% |
% Asian | 6.6% | 100.0% |
% Foreign Born | 20.7% | 127.5% |
Mortgage and Risk — Berlin, CT
Berlin, CT lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Berlin, CT
Berlin, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,650 |
| 3 Bedroom | N/A | N/A | $1,990 |
| 4 Bedroom | N/A | N/A | $2,360 |
Affordability — Berlin, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $398,000 |
| Median Household Income | $111,000 |