Montville, CT 06370 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Montville, CT—06370

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$372,000

4.4% YoY Growth

Household Income

$101,000

26.5% YoY Growth

Days on Market

4.0% Shorter YoY

Home Price Forecast

3.4%

Median Rent

$2,500

N/A

1-Bed Rent

N/A

2-Bed Rent

$1,900

N/A

3-Bed Rent

$2,500

N/A

Other Zip Codes in Montville, CT

06382

Home Price Trends — Montville, CT

As of Dec '25, the median home price in Montville, CT is $372,000, with a year-over-year change of 4.4%. This indicates that home prices in Montville, CT are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$372,000	4.4%
Single Family	$375,000	3.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Montville, CT

Montville, CT lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,400
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,900	$1,900
3 Bed Rent	$2,500	$2,500
4 Bed Rent	$2,800	$2,800

Loading chart...

% of Rental Stock

1 Bedroom

47.8%

2 Bedrooms

41.2%

3 Bedrooms

11.0%

Property Listings — Montville, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Montville, CT is 39. This is a increase of 16.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$455,000	25.0%
Listing Count	15	-24.0%
Listings as % of Homes	0.6%	-24.0%
Days on Market	67	-4.0%

Loading chart...

Demographics — Montville, CT

As of the latest ACS Survey released in 2023, Montville, CT has a population of 7,550, which has increased by 8.9% over the past 5 years. Montville, CT is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,550	8.9%
% Under 18	21.5%	19.4%
% Seniors	14.6%	-9.3%
% WFH	5.7%	32.6%
% w/ College Degree	31.6%	44.3%

Loading chart...

As of the latest ACS Survey released in 2023, Montville, CT is a predominantly white area, with 85.8% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Montville, CT is black, making up 4.2% of the population. Foreign-born residents account for 4.6% of the population in Montville, CT, and this percentage has decreased by 8.0% 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	85.8%	0.9%
% Black	4.2%	250.0%
% Hispanic	2.9%	-47.3%
% Asian	1.3%	-58.1%
% Foreign Born	4.6%	-8.0%

Loading chart...

Mortgage and Risk — Montville, CT

According to HUD data as of 2023, there were 112 mortgage originations in Montville, CT, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Montville, CT. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	112
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

Loading chart...

Rentals and Section 8 — Montville, CT

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

Section 8 Market Size

Total Units under HUD	5
Total Units Section 8	5
% Rentals under Section 8	2.6%
% 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	-$490	$1,900	$1,410
3 Bedroom	-$670	$2,500	$1,830
4 Bedroom	-$430	$2,800	$2,370

Montville, CT—06370

Key Metrics at a Glance

Other Zip Codes in Montville, CT

Home Price Trends — Montville, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Montville, CT

% of Rental Stock

Property Listings — Montville, CT

Demographics — Montville, CT

Race and Ethnicity

Mortgage and Risk — Montville, CT

Mortgages

Rentals and Section 8 — Montville, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Montville, CT

Home Price to Income Ratio

Montville, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Palmertown, CT

Montville, CT

Bozrah, CT

Salem, CT

Waterford, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$372,000
Median Household Income	$101,000

Montville, CT—06370

Key Metrics at a Glance

Other Zip Codes in Montville, CT

Home Price Trends — Montville, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Montville, CT

% of Rental Stock

Property Listings — Montville, CT

Demographics — Montville, CT

Race and Ethnicity

Mortgage and Risk — Montville, CT

Mortgages

Rentals and Section 8 — Montville, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Montville, CT

Home Price to Income Ratio

Montville, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Palmertown, CT

Montville, CT

Bozrah, CT

Salem, CT

Waterford, CT

Frequently Asked Questions

What is the average home price in Montville, CT 06370?

How have home prices in Montville, CT 06370 changed over the past year?

What is the home price projection for Montville, CT 06370?

What are the demographics of Montville, CT 06370?

How long does it take homes to sell in Montville, CT 06370?

What is the average rent price in Montville, CT 06370?