Stafford Springs, CT—06076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stafford Springs, CT
As of Oct '25, the median home price in Stafford Springs, CT is $331,000, with a year-over-year change of 1.6%. This indicates that home prices in Stafford Springs, CT are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $331,000 | 1.6% |
| Single Family | $340,000 | 1.5% |
| Condos | $209,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $187,000 | 0.0% |
2 Bed | $266,000 | 2.3% |
3 Bed | $348,000 | 1.8% |
4 Bed | $382,000 | 1.9% |
| 5 Bed | $408,000 | 1.0% |
% of Housing Stock
Rental Trends — Stafford Springs, CT
Stafford Springs, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,500 | $1,490 |
| 3 Bed Rent | $800 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Stafford Springs, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Stafford Springs, CT is 46. This is a increase of 36.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 27.0% |
Listing Count | 36 | 15.0% |
| Listings as % of Homes | 0.6% | 15.0% |
Days on Market | 46 | 36.0% |
Demographics — Stafford Springs, CT
As of the latest ACS Survey released in 2023, Stafford Springs, CT has a population of 12,000, which has decreased by -4.7% over the past 5 years. Stafford Springs, CT is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 27.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | -4.7% |
% Under 18 | 21.9% | 17.7% |
% Seniors | 20.6% | 26.4% |
% WFH | 8.3% | 72.9% |
% w/ College Degree | 27.4% | 13.7% |
As of the latest ACS Survey released in 2023, Stafford Springs, CT is a predominantly white area, with 88.3% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Stafford Springs, CT is hispanic, making up 6.6% of the population. Foreign-born residents account for 3.0% of the population in Stafford Springs, CT, and this percentage has increased by 25.0% 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 | 88.3% | -4.7% |
% Black | 0.1% | -90.0% |
% Hispanic | 6.6% | 120.0% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 3.0% | 25.0% |
Mortgage and Risk — Stafford Springs, CT
According to HUD data as of 2023, there were 252 mortgage originations in Stafford Springs, CT, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Stafford Springs, CT. Investor activity is low, as 2.0% 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 | 252 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Stafford Springs, CT
Stafford Springs, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | -$160 | $1,300 | $1,140 |
| 2 Bedroom | -$60 | $1,500 | $1,440 |
| 3 Bedroom | $930 | $800 | $1,730 |
| 4 Bedroom | N/A | N/A | $2,060 |
Affordability — Stafford Springs, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $331,000 |
| Median Household Income | $96,900 |