Stonington, CT—06378
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Stonington, CT
Home Price Trends — Stonington, CT
As of Oct '25, the median home price in Stonington, CT is $743,000, with a year-over-year change of 3.6%. This indicates that home prices in Stonington, CT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $743,000 | 3.6% |
| Single Family | $759,000 | 3.7% |
| Condos | $640,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $487,000 | 0.6% |
2 Bed | $611,000 | 4.4% |
3 Bed | $698,000 | 4.0% |
4 Bed | $939,000 | 4.4% |
| 5 Bed | $1,392,000 | 3.6% |
% of Housing Stock
Rental Trends — Stonington, CT
As of July '25, Rentcast reports the average rent in Stonington, CT is $3,620, with a year-over-year rent change of 42.0%. Per bedroom, the median rent as of July '25 in Stonington, CT is 1-bedrooms: $3,030, 2-bedrooms: $3,330, 3-bedrooms: $4,020, 4-bedrooms: $5,250. The most common rental property sizes in Stonington, CT are 1-bedroom and 2-bedroom, accounting for 40.3% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,040 | $3,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,040 | $3,030 |
| 2 Bed Rent | $2,700 | $3,330 |
| 3 Bed Rent | $3,500 | $4,020 |
| 4 Bed Rent | $4,000 | $5,250 |
% of Rental Stock
Property Listings — Stonington, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Stonington, CT is 76. This is a decrease of -6.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,510,000 | 0.0% |
Listing Count | 46 | -10.0% |
| Listings as % of Homes | 0.9% | -10.0% |
Days on Market | 76 | -6.0% |
Demographics — Stonington, CT
As of the latest ACS Survey released in 2023, Stonington, CT has a population of 5,410, which has decreased by -1.8% over the past 5 years. Stonington, CT is a less popular place for families, as children make up 12.1% of the population. The area has a highly educated workforce, with 58.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,410 | -1.8% |
% Under 18 | 12.1% | -17.1% |
% Seniors | 36.3% | 41.8% |
% WFH | 22.9% | 166.3% |
% w/ College Degree | 58.8% | 8.5% |
As of the latest ACS Survey released in 2023, Stonington, CT is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Stonington, CT is hispanic, making up 4.3% of the population. Foreign-born residents account for 3.6% of the population in Stonington, CT, and this percentage has decreased by 28.0% 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 | 92.8% | -0.6% |
% Black | 1.7% | 0.0% |
% Hispanic | 4.3% | 138.9% |
% Asian | 0.2% | -85.7% |
% Foreign Born | 3.6% | -28.0% |
Mortgage and Risk — Stonington, CT
According to HUD data as of 2023, there were 122 mortgage originations in Stonington, CT, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Stonington, CT. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 122 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Stonington, CT
As of 2024, the percent of homes in Stonington, CT under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Stonington, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,550 | $3,040 | $1,490 |
| 2 Bedroom | -$880 | $2,700 | $1,820 |
| 3 Bedroom | -$1,140 | $3,500 | $2,360 |
| 4 Bedroom | -$950 | $4,000 | $3,050 |
Affordability — Stonington, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $743,000 |
| Median Household Income | $126,000 |