Ellington, CT—06029
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ellington, CT
As of Oct '25, the median home price in Ellington, CT is $425,000, with a year-over-year change of 5.3%. This indicates that home prices in Ellington, CT are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $425,000 | 5.3% |
| Single Family | $436,000 | 5.1% |
| Condos | $268,000 | 5.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $191,000 | 7.9% |
2 Bed | $325,000 | 4.2% |
3 Bed | $411,000 | 4.3% |
4 Bed | $534,000 | 5.7% |
| 5 Bed | $610,000 | 5.4% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Ellington, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Ellington, CT is 37. This is a increase of 48.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $345,000 | -4.0% |
Listing Count | 31 | -8.0% |
| Listings as % of Homes | 0.3% | -8.0% |
Days on Market | 37 | 48.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Ellington, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $425,000 |
| Median Household Income | $125,000 |