Glastonbury, CT—06033
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Glastonbury, CT
Home Price Trends — Glastonbury, CT
As of Oct '25, the median home price in Glastonbury, CT is $515,000, with a year-over-year change of 4.8%. This indicates that home prices in Glastonbury, 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 | $515,000 | 4.8% |
| Single Family | $575,000 | 4.9% |
| Condos | $318,000 | 5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $191,000 | 6.1% |
2 Bed | $329,000 | 5.1% |
3 Bed | $473,000 | 4.4% |
4 Bed | $673,000 | 4.3% |
| 5 Bed | $841,000 | 3.4% |
% of Housing Stock
Rental Trends — Glastonbury, CT
As of July '25, Rentcast reports the average rent in Glastonbury, CT is $2,790, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Glastonbury, CT is 1-bedrooms: $1,970, 2-bedrooms: $2,390, 3-bedrooms: $3,310, 4-bedrooms: $4,500. The most common rental property sizes in Glastonbury, CT are 1-bedroom and 2-bedroom, accounting for 39.3% and 35.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,420 | $2,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,970 |
| 2 Bed Rent | $2,200 | $2,390 |
| 3 Bed Rent | $3,200 | $3,310 |
| 4 Bed Rent | $3,300 | $4,500 |
% of Rental Stock
Property Listings — Glastonbury, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Glastonbury, CT is 40. This is a decrease of -2.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | 4.0% |
Listing Count | 77 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 40 | -2.0% |
Demographics — Glastonbury, CT
As of the latest ACS Survey released in 2023, Glastonbury, CT has a population of 29,300, which has remained stable by 1.0% over the past 5 years. Glastonbury, CT is a moderately popular place for families, as children make up 20.5% of the population. The area has a highly educated workforce, with 68.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,300 | 1.0% |
% Under 18 | 20.5% | -9.3% |
% Seniors | 19.7% | 10.1% |
% WFH | 22.0% | 228.4% |
% w/ College Degree | 68.0% | 13.9% |
As of the latest ACS Survey released in 2023, Glastonbury, CT is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Glastonbury, CT is asian, making up 10.3% of the population. Foreign-born residents account for 13.3% of the population in Glastonbury, CT, and this percentage has increased by 10.8% 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 | 75.5% | -7.2% |
% Black | 2.1% | 10.5% |
% Hispanic | 8.6% | 48.3% |
% Asian | 10.3% | 12.0% |
% Foreign Born | 13.3% | 10.8% |
Mortgage and Risk — Glastonbury, CT
According to HUD data as of 2023, there were 594 mortgage originations in Glastonbury, CT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Glastonbury, CT. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 594 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Glastonbury, CT
As of 2024, the percent of homes in Glastonbury, CT under the Section 8 program is 7.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Glastonbury, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 392 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,800 | $1,640 |
| 2 Bedroom | -$120 | $2,200 | $2,080 |
| 3 Bedroom | -$690 | $3,200 | $2,510 |
| 4 Bedroom | -$330 | $3,300 | $2,970 |
Affordability — Glastonbury, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $515,000 |
| Median Household Income | $144,000 |