Simsbury, CT06081

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$346,000
3.7% YoY Growth
Median Household Income
$103,000
49.9% 5-Year Growth
Days on Market
22
1.0% Longer than last year
Home Price Forecast
3.6%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Simsbury, CT

Property Listings — Simsbury, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Simsbury, CT is 22. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$315,00012.0%
Listing Count
4-19.0%
Listings as % of Homes0.3%-19.0%
Days on Market
221.0%
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Demographics — Simsbury, CT

As of the latest ACS Survey released in 2023, Simsbury, CT has a population of 1,610, which has increased by 13.6% over the past 5 years. Simsbury, CT is a moderately popular place for families, as children make up 16.6% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,61013.6%
% Under 18
16.6%-13.5%
% Seniors
7.3%-3.9%
% WFH
10.8%111.8%
% w/ College Degree
39.6%-4.3%
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As of the latest ACS Survey released in 2023, Simsbury, CT is a predominantly white area, with 80.5% of the population identifying as white. The white population has grown by 11.2% in the last 5 years. The second most common race or ethnicity in Simsbury, CT is asian, making up 8.5% of the population. Foreign-born residents account for 7.8% of the population in Simsbury, CT, and this percentage has decreased by 14.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
80.5%11.2%
% Black
0.0%-100.0%
% Hispanic
6.5%-55.5%
% Asian
8.5%88.9%
% Foreign Born
7.8%-14.3%
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Mortgage and Risk — Simsbury, CT

According to HUD data as of 2023, there were 42 mortgage originations in Simsbury, CT, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Simsbury, CT. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
42
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Simsbury, CT

Simsbury, CT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
17
Total Units Section 8
17
% Rentals under Section 8
6.8%
% Occupied Section 8
94.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,200
2 BedroomN/AN/A$1,520
3 BedroomN/AN/A$1,830
4 BedroomN/AN/A$2,170

Affordability — Simsbury, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$346,000
Median Household Income$103,000

Simsbury, CT — ZIP Code Boundary Map

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Frequently Asked Questions