Suffield, CT—06093
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Suffield, CT
Home Price Trends — Suffield, CT
As of Oct '25, the median home price in Suffield, CT is $489,000, with a year-over-year change of 8.5%. This indicates that home prices in Suffield, 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 | $489,000 | 8.5% |
| Single Family | $488,000 | 8.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $357,000 | 8.8% |
3 Bed | $461,000 | 8.2% |
4 Bed | $562,000 | 9.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Suffield, CT
Suffield, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $3,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,900 | $3,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Suffield, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Suffield, CT is 44. This is a decrease of -63.0% from last year, suggesting that homes are sitting on the market shorter 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $687,000 | -42.0% |
Listing Count | 12 | 3.0% |
| Listings as % of Homes | 1.2% | 3.0% |
Days on Market | 44 | -63.0% |
Demographics — Suffield, CT
As of the latest ACS Survey released in 2023, Suffield, CT has a population of 3,890, which has increased by 24.7% over the past 5 years. Suffield, CT is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 38.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,890 | 24.7% |
% Under 18 | 20.4% | -6.4% |
% Seniors | 16.2% | 5.9% |
% WFH | 17.3% | 137.0% |
% w/ College Degree | 38.9% | -7.6% |
As of the latest ACS Survey released in 2023, Suffield, CT is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Suffield, CT is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.3% of the population in Suffield, CT, and this percentage has decreased by 40.9% 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 | 92.6% | -0.3% |
% Black | 0.3% | -85.0% |
% Hispanic | 2.5% | 0.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.3% | -40.9% |
Mortgage and Risk — Suffield, CT
According to HUD data as of 2023, there were 76 mortgage originations in Suffield, CT, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Suffield, CT. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Suffield, CT
Suffield, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,260 |
| 2 Bedroom | N/A | N/A | $1,570 |
| 3 Bedroom | -$1,990 | $3,900 | $1,910 |
| 4 Bedroom | N/A | N/A | $2,220 |
Affordability — Suffield, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $489,000 |
| Median Household Income | $134,000 |