East Granby, CT—06026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Granby, CT
As of Oct '25, the median home price in East Granby, CT is $420,000, with a year-over-year change of 7.5%. This indicates that home prices in East Granby, CT are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $420,000 | 7.5% |
| Single Family | $441,000 | 7.3% |
| Condos | $209,000 | 16.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $243,000 | 10.5% |
3 Bed | $418,000 | 7.5% |
4 Bed | $523,000 | 7.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Granby, CT
As of July '25, Rentcast reports the average rent in East Granby, CT is $3,210, with a year-over-year rent change of 10.7%. Per bedroom, the median rent as of July '25 in East Granby, CT is 3-bedrooms: $3,090, 4-bedrooms: $3,400. The most common rental property sizes in East Granby, CT are 1-bedroom and 2-bedroom, accounting for 59.8% and 38.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,210 | $3,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,100 | $3,090 |
| 4 Bed Rent | $3,300 | $3,400 |
% of Rental Stock
Property Listings — East Granby, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in East Granby, CT is 60. This is a increase of 28.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $618,000 | 13.0% |
Listing Count | 11 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 60 | 28.0% |
Demographics — East Granby, CT
As of the latest ACS Survey released in 2023, East Granby, CT has a population of 5,180, which has decreased by -1.5% over the past 5 years. East Granby, CT is a popular place for families, as children make up 27.2% of the population. The area has a highly educated workforce, with 46.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,180 | -1.5% |
% Under 18 | 27.2% | 9.7% |
% Seniors | 19.8% | 13.1% |
% WFH | 12.7% | 807.1% |
% w/ College Degree | 46.8% | -15.1% |
As of the latest ACS Survey released in 2023, East Granby, CT is a predominantly white area, with 76.9% of the population identifying as white. The white population has shrunk by 9.0% in the last 5 years. The second most common race or ethnicity in East Granby, CT is hispanic, making up 6.1% of the population. Foreign-born residents account for 9.6% of the population in East Granby, CT, and this percentage has increased by 88.2% 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 | 76.9% | -9.0% |
% Black | 4.1% | 78.3% |
% Hispanic | 6.1% | -10.3% |
% Asian | 3.0% | 15.4% |
% Foreign Born | 9.6% | 88.2% |
Mortgage and Risk — East Granby, CT
According to HUD data as of 2023, there were 131 mortgage originations in East Granby, CT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in East Granby, CT. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — East Granby, CT
East Granby, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,110 |
| 2 Bedroom | N/A | N/A | $1,400 |
| 3 Bedroom | -$1,410 | $3,100 | $1,690 |
| 4 Bedroom | -$1,300 | $3,300 | $2,000 |
Affordability — East Granby, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $420,000 |
| Median Household Income | $123,000 |