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Ledyard, CT—06335

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$415,000
6.0% YoY Growth
Household Income
$126,000
32.3% YoY Growth
Days on Market
12
26.0% Shorter YoY
Home Price Forecast
2.5%
Median Rent
$2,200
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,000
N/A
3-Bed Rent
$2,800
N/A

Other Zip Codes in Ledyard, CT

06339
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Ledyard, CT

As of May '26, the median home price in Ledyard, CT is $415,000, with a year-over-year change of 6.0%. This indicates that home prices in Ledyard, CT are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$415,0006.0%
Single Family $420,0006.3%
Condos $182,0009.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$254,0007.6%
    3 Bed
    		$393,0006.2%
    4 Bed
    		$472,0007.5%
    5 Bed $521,0176.8%
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    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    5.1%
    2 Bedrooms
    23.4%
    3 Bedrooms
    38.1%
    4 Bedrooms
    27.8%
    5+ Bedrooms
    5.0%

    Rental Trends — Ledyard, CT

    Ledyard, CT lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,590
    Studio Rent $1,300$1,300
    1 Bed Rent N/AN/A
    2 Bed Rent $2,000$2,060
    3 Bed Rent $2,800$2,820
    4 Bed Rent $3,700$3,700
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    % of Rental Stock

    1 Bedroom
    3.5%
    2 Bedrooms
    39.5%
    3 Bedrooms
    29.7%
    4 Bedrooms
    20.7%
    5+ Bedrooms
    6.6%

    Property Listings — Ledyard, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Ledyard, CT is 12. This is a decrease of -26.0% 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
    		$425,000-7.0%
    Listing Count
    		25-33.0%
    Listings as % of Homes0.7%-33.0%
    Days on Market
    		12-26.0%
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    Demographics — Ledyard, CT

    As of the latest ACS Survey released in 2023, Ledyard, CT has a population of 6,100, which has decreased by -5.1% over the past 5 years. Ledyard, CT is a popular place for families, as children make up 29.4% of the population. The area has a moderately educated workforce, with 43.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,100-5.1%
    % Under 18
    		29.4%33.0%
    % Seniors
    		12.4%-29.5%
    % WFH
    		9.5%171.4%
    % w/ College Degree
    		43.1%-8.9%
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    As of the latest ACS Survey released in 2023, Ledyard, CT is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Ledyard, CT is hispanic, making up 8.1% of the population. Foreign-born residents account for 5.0% of the population in Ledyard, CT, and this percentage has increased by 92.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		75.0%-14.1%
    % Black
    		4.4%29.4%
    % Hispanic
    		8.1%37.3%
    % Asian
    		3.5%94.4%
    % Foreign Born
    		5.0%92.3%
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    Mortgage and Risk — Ledyard, CT

    According to HUD data as of 2023, there were 209 mortgage originations in Ledyard, CT, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Ledyard, CT. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		209
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — Ledyard, CT

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

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		1.2%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,930
    2 Bedroom$360$2,000$2,360
    3 Bedroom$260$2,800$3,060
    4 Bedroom$250$3,700$3,950

    Affordability — Ledyard, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.6
    Median Home Price$415,000
    Median Household Income$126,000

    Ledyard, CT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Montville, CT

    06382

    Ledyard, CT

    06339

    Waterford, CT

    06375

    Palmertown, CT

    06353

    Groton, CT

    06340

    Frequently Asked Questions