Enfield, CT—06082
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Enfield, CT
As of Oct '25, the median home price in Enfield, CT is $319,000, with a year-over-year change of 2.1%. This indicates that home prices in Enfield, 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 | $319,000 | 2.1% |
| Single Family | $323,000 | 1.6% |
| Condos | $271,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $181,000 | 9.0% |
2 Bed | $275,000 | 3.0% |
3 Bed | $318,000 | 1.9% |
4 Bed | $350,000 | 2.0% |
| 5 Bed | $384,000 | 1.6% |
% of Housing Stock
Rental Trends — Enfield, CT
As of July '25, Rentcast reports the average rent in Enfield, CT is $2,130, with a year-over-year rent change of 21.0%. Per bedroom, the median rent as of July '25 in Enfield, CT is 1-bedrooms: $1,560, 2-bedrooms: $2,180, 3-bedrooms: $2,360, 4-bedrooms: $1,840. The most common rental property sizes in Enfield, CT are 2-bedroom and 1-bedroom, accounting for 38.1% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,680 | $1,560 |
| 2 Bed Rent | $2,200 | $2,180 |
| 3 Bed Rent | $2,200 | $2,360 |
| 4 Bed Rent | $1,290 | $1,840 |
% of Rental Stock
Property Listings — Enfield, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Enfield, CT is 33. This is a increase of 27.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 12.0% |
Listing Count | 114 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 33 | 27.0% |
Demographics — Enfield, CT
As of the latest ACS Survey released in 2023, Enfield, CT has a population of 41,100, which has decreased by -7.5% over the past 5 years. Enfield, CT is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,100 | -7.5% |
% Under 18 | 18.6% | -2.6% |
% Seniors | 18.8% | 18.2% |
% WFH | 12.7% | 296.9% |
% w/ College Degree | 30.6% | 13.8% |
As of the latest ACS Survey released in 2023, Enfield, CT is a predominantly white area, with 75.6% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Enfield, CT is hispanic, making up 10.7% of the population. Foreign-born residents account for 6.1% of the population in Enfield, CT, and this percentage has decreased by 6.2% 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 | 75.6% | -2.1% |
% Black | 5.3% | -26.4% |
% Hispanic | 10.7% | 5.9% |
% Asian | 2.4% | -11.1% |
% Foreign Born | 6.1% | -6.2% |
Mortgage and Risk — Enfield, CT
According to HUD data as of 2023, there were 916 mortgage originations in Enfield, CT, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Enfield, CT. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 916 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Enfield, CT
As of 2024, the percent of homes in Enfield, CT under the Section 8 program is 6.9%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Enfield, CT, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 278 |
Total Units Section 8 | 275 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 79.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $1,680 | $1,410 |
| 2 Bedroom | -$420 | $2,200 | $1,780 |
| 3 Bedroom | -$60 | $2,200 | $2,140 |
| 4 Bedroom | $1,250 | $1,290 | $2,540 |
Affordability — Enfield, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $319,000 |
| Median Household Income | $91,100 |