Griswold, CT—06351
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Griswold, CT
As of Oct '25, the median home price in Griswold, CT is $351,000, with a year-over-year change of 2.2%. This indicates that home prices in Griswold, 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 | $351,000 | 2.2% |
| Single Family | $359,000 | 2.0% |
| Condos | $183,000 | 10.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $233,000 | -0.4% |
2 Bed | $274,000 | 3.0% |
3 Bed | $361,000 | 2.0% |
4 Bed | $444,000 | 2.1% |
| 5 Bed | $454,000 | 2.3% |
% of Housing Stock
Rental Trends — Griswold, CT
Griswold, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,780 | $1,660 |
| Studio Rent | $995 | $995 |
| 1 Bed Rent | $1,200 | $1,460 |
| 2 Bed Rent | $1,650 | $1,720 |
| 3 Bed Rent | $1,800 | $1,970 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Griswold, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Griswold, CT is 42. This is a increase of 30.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $377,000 | 10.0% |
Listing Count | 54 | 42.0% |
| Listings as % of Homes | 0.4% | 42.0% |
Days on Market | 42 | 30.0% |
Demographics — Griswold, CT
As of the latest ACS Survey released in 2023, Griswold, CT has a population of 15,700, which has decreased by -1.7% over the past 5 years. Griswold, CT is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,700 | -1.7% |
% Under 18 | 19.7% | -11.3% |
% Seniors | 17.9% | 14.0% |
% WFH | 8.8% | 158.8% |
% w/ College Degree | 18.8% | -1.6% |
As of the latest ACS Survey released in 2023, Griswold, CT is a predominantly white area, with 89.0% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Griswold, CT is hispanic, making up 4.2% of the population. Foreign-born residents account for 2.5% of the population in Griswold, CT, and this percentage has decreased by 50.0% 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 | 89.0% | 0.3% |
% Black | 0.2% | -84.6% |
% Hispanic | 4.2% | 90.9% |
% Asian | 0.5% | -83.9% |
% Foreign Born | 2.5% | -50.0% |
Mortgage and Risk — Griswold, CT
According to HUD data as of 2023, there were 324 mortgage originations in Griswold, CT, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Griswold, CT. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 324 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Griswold, CT
Griswold, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 76 |
Total Units Section 8 | 76 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 89.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,200 | $1,180 |
| 2 Bedroom | -$210 | $1,650 | $1,440 |
| 3 Bedroom | $70 | $1,800 | $1,870 |
| 4 Bedroom | N/A | N/A | $2,410 |
Affordability — Griswold, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $351,000 |
| Median Household Income | $84,100 |