Ellington, CT 06029 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ellington, CT—06029

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$423,000

5.0% YoY Growth

Household Income

$125,000

46.6% YoY Growth

Days on Market

48.0% Longer YoY

Home Price Forecast

3.0%

Median Rent

$2,010

28.1% YoY Growth

1-Bed Rent

$1,550

10.7% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$3,100

N/A

Home Price Trends — Ellington, CT

As of Dec '25, the median home price in Ellington, CT is $423,000, with a year-over-year change of 5.0%. This indicates that home prices in Ellington, CT are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$423,000	5.0%
Single Family	$434,000	4.6%
Condos	$265,000	6.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ellington, CT

As of July '25, Rentcast reports the average rent in Ellington, CT is $2,370, with a year-over-year rent change of 28.1%. Per bedroom, the median rent as of July '25 in Ellington, CT is 1-bedrooms: $1,660, 3-bedrooms: $2,930. The most common rental property sizes in Ellington, CT are 1-bedroom and 2-bedroom, accounting for 47.2% and 32.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,010	$2,370
Studio Rent	N/A	N/A
1 Bed Rent	$1,550	$1,660
2 Bed Rent	N/A	N/A
3 Bed Rent	$3,100	$2,930
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.8%

1 Bedroom

47.2%

2 Bedrooms

32.8%

3 Bedrooms

11.7%

4 Bedrooms

3.7%

5+ Bedrooms

0.9%

Property Listings — Ellington, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Ellington, CT is 43. This is a increase of 44.0% 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	$382,000	-18.0%
Listing Count	22	-10.0%
Listings as % of Homes	0.3%	-10.0%
Days on Market	46	48.0%

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Demographics — Ellington, CT

As of the latest ACS Survey released in 2023, Ellington, CT has a population of 16,600, which has increased by 3.6% over the past 5 years. Ellington, CT is a moderately popular place for families, as children make up 23.9% of the population. The area has a highly educated workforce, with 48.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,600	3.6%
% Under 18	23.9%	9.6%
% Seniors	17.7%	32.1%
% WFH	15.1%	331.4%
% w/ College Degree	48.8%	7.7%

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As of the latest ACS Survey released in 2023, Ellington, CT is a predominantly white area, with 82.4% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Ellington, CT is asian, making up 5.5% of the population. Foreign-born residents account for 7.4% of the population in Ellington, CT, and this percentage has increased by 5.7% 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	82.4%	-4.3%
% Black	3.3%	120.0%
% Hispanic	4.3%	-10.4%
% Asian	5.5%	10.0%
% Foreign Born	7.4%	5.7%

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Mortgage and Risk — Ellington, CT

According to HUD data as of 2023, there were 321 mortgage originations in Ellington, CT, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Ellington, CT. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	321
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Ellington, CT

Ellington, CT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	18
Total Units Section 8	18
% Rentals under Section 8	0.9%
% Occupied Section 8	77.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$20	$1,550	$1,570
2 Bedroom	N/A	N/A	$1,990
3 Bedroom	-$700	$3,100	$2,400
4 Bedroom	N/A	N/A	$2,850

Ellington, CT—06029

Key Metrics at a Glance

Home Price Trends — Ellington, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ellington, CT

% of Rental Stock

Property Listings — Ellington, CT

Demographics — Ellington, CT

Race and Ethnicity

Mortgage and Risk — Ellington, CT

Mortgages

Rentals and Section 8 — Ellington, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Ellington, CT

Home Price to Income Ratio

Ellington, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Vernon Rockville, CT

Somers, CT

Broad Brook, CT

Tolland, CT

Enfield, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$423,000
Median Household Income	$125,000

Ellington, CT—06029

Key Metrics at a Glance

Home Price Trends — Ellington, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ellington, CT

% of Rental Stock

Property Listings — Ellington, CT

Demographics — Ellington, CT

Race and Ethnicity

Mortgage and Risk — Ellington, CT

Mortgages

Rentals and Section 8 — Ellington, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Ellington, CT

Home Price to Income Ratio

Ellington, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Vernon Rockville, CT

Somers, CT

Broad Brook, CT

Tolland, CT

Enfield, CT

Frequently Asked Questions

What is the average home price in Ellington, CT 06029?

How have home prices in Ellington, CT 06029 changed over the past year?

What is the home price projection for Ellington, CT 06029?

What are the demographics of Ellington, CT 06029?

How long does it take homes to sell in Ellington, CT 06029?

What is the average rent price in Ellington, CT 06029?