Berlin, CT—06037
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 $436,000, with a year-over-year change of 4.5%. This indicates that home prices in Berlin, 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 | $436,000 | 4.5% |
| Single Family | $441,000 | 4.5% |
| Condos | $403,000 | 8.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $205,000 | 5.7% |
2 Bed | $355,000 | 5.7% |
3 Bed | $428,000 | 4.4% |
4 Bed | $535,000 | 5.3% |
| 5 Bed | $587,000 | 4.6% |
% of Housing Stock
Rental Trends — Berlin, CT
As of July '25, Rentcast reports the average rent in Berlin, CT is $1,990, with a year-over-year rent change of -15.0%. Per bedroom, the median rent as of July '25 in Berlin, CT is studios: $1,500, 1-bedrooms: $1,750, 2-bedrooms: $2,020, 3-bedrooms: $2,160. The most common rental property sizes in Berlin, CT are 2-bedroom and 1-bedroom, accounting for 46.6% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $1,990 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $1,400 | $1,750 |
| 2 Bed Rent | $2,000 | $2,020 |
| 3 Bed Rent | $2,300 | $2,160 |
| 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 34. This is a increase of 53.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $457,000 | 1.0% |
Listing Count | 41 | -5.0% |
| Listings as % of Homes | 0.4% | -5.0% |
Days on Market | 34 | 53.0% |
Demographics — Berlin, CT
As of the latest ACS Survey released in 2023, Berlin, CT has a population of 18,800, which has decreased by -2.7% over the past 5 years. Berlin, CT is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 44.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | -2.7% |
% Under 18 | 20.0% | 4.7% |
% Seniors | 23.8% | 11.2% |
% WFH | 14.2% | 407.1% |
% w/ College Degree | 44.1% | 8.6% |
As of the latest ACS Survey released in 2023, Berlin, CT is a predominantly white area, with 85.5% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Berlin, CT is hispanic, making up 6.6% of the population. Foreign-born residents account for 10.5% of the population in Berlin, CT, and this percentage has decreased by 8.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.5% | -6.5% |
% Black | 0.9% | -18.2% |
% Hispanic | 6.6% | 53.5% |
% Asian | 4.6% | 142.1% |
% Foreign Born | 10.5% | -8.7% |
Mortgage and Risk — Berlin, CT
According to HUD data as of 2023, there were 426 mortgage originations in Berlin, CT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Berlin, CT. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 426 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Berlin, CT
Berlin, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 84 |
Total Units Section 8 | 84 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 93.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,400 | $1,340 |
| 2 Bedroom | -$310 | $2,000 | $1,690 |
| 3 Bedroom | -$260 | $2,300 | $2,040 |
| 4 Bedroom | N/A | N/A | $2,420 |
Affordability — Berlin, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $436,000 |
| Median Household Income | $110,000 |