Glastonbury, CT—06073
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 $638,000, with a year-over-year change of 3.3%. This indicates that home prices in Glastonbury, CT are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $638,000 | 3.3% |
| Single Family | $698,000 | 3.4% |
| Condos | $453,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $410,000 | 4.9% |
3 Bed | $531,000 | 3.1% |
4 Bed | $793,000 | 3.0% |
| 5 Bed | $983,000 | 2.7% |
% of Housing Stock
Rental Trends — Glastonbury, CT
Glastonbury, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,800 | $2,800 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% 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 37. This is a increase of 67.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $787,000 | 18.0% |
Listing Count | 16 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 37 | 67.0% |
Demographics — Glastonbury, CT
As of the latest ACS Survey released in 2023, Glastonbury, CT has a population of 5,820, which has increased by 5.6% over the past 5 years. Glastonbury, CT is a popular place for families, as children make up 25.9% of the population. The area has a highly educated workforce, with 72.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,820 | 5.6% |
% Under 18 | 25.9% | 4.9% |
% Seniors | 21.7% | 49.7% |
% WFH | 23.7% | 123.6% |
% w/ College Degree | 72.6% | 7.6% |
As of the latest ACS Survey released in 2023, Glastonbury, CT is a predominantly white area, with 80.8% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Glastonbury, CT is asian, making up 7.3% of the population. Foreign-born residents account for 11.0% of the population in Glastonbury, CT, and this percentage has increased by 22.2% 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 | 80.8% | -10.3% |
% Black | 1.8% | 80.0% |
% Hispanic | 6.7% | 86.1% |
% Asian | 7.3% | 92.1% |
% Foreign Born | 11.0% | 22.2% |
Mortgage and Risk — Glastonbury, CT
According to HUD data as of 2023, there were 88 mortgage originations in Glastonbury, CT, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Glastonbury, CT. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Glastonbury, CT
Glastonbury, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $1,480 |
| 2 Bedroom | -$930 | $2,800 | $1,870 |
| 3 Bedroom | N/A | N/A | $2,250 |
| 4 Bedroom | N/A | N/A | $2,670 |
Affordability — Glastonbury, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $638,000 |
| Median Household Income | $180,000 |