Eastford, CT06242

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$387,000
8.4% YoY Growth
Median Household Income
$101,000
19.6% 5-Year Growth
Days on Market
25
19.0% Shorter than last year
Home Price Forecast
3.0%
Median Rent
$1,800
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,800
N/A
3-Bed Rent
N/A
N/A

Property Listings — Eastford, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Eastford, CT is 25. This is a decrease of -19.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$384,0009.0%
Listing Count
80.0%
Listings as % of Homes1.9%0.0%
Days on Market
25-19.0%
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Demographics — Eastford, CT

As of the latest ACS Survey released in 2023, Eastford, CT has a population of 1,260, which has decreased by -4.1% over the past 5 years. Eastford, CT is a moderately popular place for families, as children make up 17.3% of the population. The area has a moderately educated workforce, with 39.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,260-4.1%
% Under 18
17.3%16.1%
% Seniors
21.4%29.7%
% WFH
17.6%70.9%
% w/ College Degree
39.1%23.3%
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As of the latest ACS Survey released in 2023, Eastford, CT is a predominantly white area, with 94.4% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Eastford, CT is hispanic, making up 2.9% of the population. Foreign-born residents account for 3.3% of the population in Eastford, CT, and this percentage has increased by 32.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.4%-2.3%
% Black
0.2%∞%
% Hispanic
2.9%20.8%
% Asian
0.3%∞%
% Foreign Born
3.3%32.0%
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Mortgage and Risk — Eastford, CT

According to HUD data as of 2023, there were 43 mortgage originations in Eastford, CT, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Eastford, CT. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
43
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
0.0%
% Second Loans
2.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Eastford, CT

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

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
2.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,010
2 Bedroom-$480$1,800$1,320
3 BedroomN/AN/A$1,610
4 BedroomN/AN/A$1,930

Affordability — Eastford, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$387,000
Median Household Income$101,000

Eastford, CT — ZIP Code Boundary Map

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Frequently Asked Questions