Chaplin, CT06235

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$338,000
5.6% YoY Growth
Median Household Income
$96,900
35.7% 5-Year Growth
Days on Market
43
7.0% Longer than last year
Home Price Forecast
2.7%
Median Rent
$2,300
N/A
1-Bed Rent
$2,300
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Chaplin, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Chaplin, CT is 43. This is a increase of 7.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$377,0001.0%
Listing Count
14100.0%
Listings as % of Homes0.7%100.0%
Days on Market
437.0%
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Demographics — Chaplin, CT

As of the latest ACS Survey released in 2023, Chaplin, CT has a population of 2,120, which has decreased by -8.4% over the past 5 years. Chaplin, CT is a moderately popular place for families, as children make up 17.0% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,120-8.4%
% Under 18
17.0%18.1%
% Seniors
18.1%5.2%
% WFH
17.4%335.0%
% w/ College Degree
23.9%-14.6%
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As of the latest ACS Survey released in 2023, Chaplin, CT is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Chaplin, CT is hispanic, making up 4.5% of the population. Foreign-born residents account for 2.6% of the population in Chaplin, CT, and this percentage has decreased by 10.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.2%-4.6%
% Black
0.6%∞%
% Hispanic
4.5%-27.4%
% Asian
1.4%180.0%
% Foreign Born
2.6%-10.3%
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Mortgage and Risk — Chaplin, CT

According to HUD data as of 2023, there were 34 mortgage originations in Chaplin, CT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Chaplin, CT. Investor activity is low, as 3.0% 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
34
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Chaplin, CT

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

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
10
% Rentals under Section 8
9.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$1,180$2,300$1,120
2 BedroomN/AN/A$1,470
3 BedroomN/AN/A$1,800
4 Bedroom-$50$2,200$2,150

Affordability — Chaplin, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$338,000
Median Household Income$96,900

Chaplin, CT — ZIP Code Boundary Map

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Frequently Asked Questions