North Stonington, CT—06359
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Stonington, CT
As of Oct '25, the median home price in North Stonington, CT is $437,000, with a year-over-year change of 5.5%. This indicates that home prices in North Stonington, CT are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $437,000 | 5.5% |
| Single Family | $437,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $343,000 | 5.2% |
3 Bed | $438,000 | 5.3% |
4 Bed | $537,000 | 7.6% |
| 5 Bed | $589,000 | 8.1% |
% of Housing Stock
Rental Trends — North Stonington, CT
North Stonington, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,200 | $3,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — North Stonington, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in North Stonington, CT is 52. This is a decrease of -18.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $477,000 | 10.0% |
Listing Count | 13 | -37.0% |
| Listings as % of Homes | 0.6% | -37.0% |
Days on Market | 52 | -18.0% |
Demographics — North Stonington, CT
As of the latest ACS Survey released in 2023, North Stonington, CT has a population of 5,150, which has decreased by -3.5% over the past 5 years. North Stonington, CT is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 40.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,150 | -3.5% |
% Under 18 | 17.4% | -19.4% |
% Seniors | 23.9% | 20.7% |
% WFH | 6.5% | 22.6% |
% w/ College Degree | 40.9% | 23.6% |
As of the latest ACS Survey released in 2023, North Stonington, CT is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in North Stonington, CT is hispanic, making up 9.8% of the population. Foreign-born residents account for 5.0% of the population in North Stonington, CT, and this percentage has increased by 47.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.4% | -0.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 9.8% | 444.4% |
% Asian | 2.0% | 17.6% |
% Foreign Born | 5.0% | 47.1% |
Mortgage and Risk — North Stonington, CT
According to HUD data as of 2023, there were 112 mortgage originations in North Stonington, CT, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in North Stonington, CT. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — North Stonington, CT
North Stonington, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | -$1,790 | $3,200 | $1,410 |
| 3 Bedroom | N/A | N/A | $1,830 |
| 4 Bedroom | N/A | N/A | $2,370 |
Affordability — North Stonington, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $437,000 |
| Median Household Income | $115,000 |