Waterford, CT—06375
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Waterford, CT
Home Price Trends — Waterford, CT
As of Oct '25, the median home price in Waterford, CT is $380,000, with a year-over-year change of 3.3%. This indicates that home prices in Waterford, CT are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $380,000 | 3.3% |
| Single Family | $380,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $336,000 | 2.8% |
3 Bed | $379,000 | 2.7% |
4 Bed | $458,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterford, CT
Waterford, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,980 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,150 |
| 2 Bed Rent | $2,350 | $2,310 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,150 | $3,150 |
% of Rental Stock
Property Listings — Waterford, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterford, CT is 69. This is a increase of 79.0% 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 | $319,000 | -4.0% |
Listing Count | 7 | 24.0% |
| Listings as % of Homes | 0.6% | 24.0% |
Days on Market | 69 | 79.0% |
Demographics — Waterford, CT
As of the latest ACS Survey released in 2023, Waterford, CT has a population of 3,670, which has decreased by -2.7% over the past 5 years. Waterford, CT is a moderately popular place for families, as children make up 15.9% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,670 | -2.7% |
% Under 18 | 15.9% | -22.4% |
% Seniors | 21.7% | 30.7% |
% WFH | 8.3% | 295.2% |
% w/ College Degree | 31.4% | -16.9% |
As of the latest ACS Survey released in 2023, Waterford, CT is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Waterford, CT is hispanic, making up 6.2% of the population. Foreign-born residents account for 5.2% of the population in Waterford, CT, and this percentage has decreased by 3.7% 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 | 83.4% | -6.7% |
% Black | 3.2% | 77.8% |
% Hispanic | 6.2% | 37.8% |
% Asian | 4.1% | 115.8% |
% Foreign Born | 5.2% | -3.7% |
Mortgage and Risk — Waterford, CT
According to HUD data as of 2023, there were 78 mortgage originations in Waterford, CT, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Waterford, CT. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Waterford, CT
Waterford, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,200 | $1,200 |
| 2 Bedroom | -$880 | $2,350 | $1,470 |
| 3 Bedroom | N/A | N/A | $1,910 |
| 4 Bedroom | -$690 | $3,150 | $2,460 |
Affordability — Waterford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $380,000 |
| Median Household Income | $104,000 |