Ledyard, CT06339

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$382,000
4.0% YoY Growth
Median Household Income
$105,000
16.9% 5-Year Growth
Days on Market
47
40.0% Longer than last year
Home Price Forecast
3.2%
Median Rent
$2,200
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,200
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Ledyard, CT

Property Listings — Ledyard, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Ledyard, CT is 47. This is a increase of 40.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$405,000-1.0%
Listing Count
26-11.0%
Listings as % of Homes0.8%-11.0%
Days on Market
4740.0%
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Demographics — Ledyard, CT

As of the latest ACS Survey released in 2023, Ledyard, CT has a population of 9,260, which has increased by 11.5% over the past 5 years. Ledyard, CT is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,26011.5%
% Under 18
25.0%13.6%
% Seniors
17.8%41.3%
% WFH
5.0%51.5%
% w/ College Degree
37.7%-3.8%
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As of the latest ACS Survey released in 2023, Ledyard, CT is a predominantly white area, with 79.7% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Ledyard, CT is hispanic, making up 9.4% of the population. Foreign-born residents account for 4.5% of the population in Ledyard, CT, and this percentage has decreased by 35.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
79.7%2.4%
% Black
2.0%-13.0%
% Hispanic
9.4%95.8%
% Asian
2.5%-57.6%
% Foreign Born
4.5%-35.7%
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Mortgage and Risk — Ledyard, CT

According to HUD data as of 2023, there were 201 mortgage originations in Ledyard, CT, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 29.0% 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. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
201
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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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
1.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,320
2 Bedroom-$580$2,200$1,620
3 BedroomN/AN/A$2,100
4 BedroomN/AN/A$2,710

Affordability — Ledyard, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$382,000
Median Household Income$105,000

Ledyard, CT — ZIP Code Boundary Map

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Frequently Asked Questions