Stonington, CT—06379
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 $455,000, with a year-over-year change of 4.4%. This indicates that home prices in Stonington, CT are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $455,000 | 4.4% |
| Single Family | $463,000 | 4.8% |
| Condos | $325,000 | 7.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $365,000 | 4.9% |
3 Bed | $449,000 | 4.7% |
4 Bed | $608,000 | 5.0% |
| 5 Bed | $692,000 | 4.2% |
% of Housing Stock
Rental Trends — Stonington, CT
As of July '25, Rentcast reports the average rent in Stonington, CT is $2,390, with a year-over-year rent change of -22.9%. Per bedroom, the median rent as of July '25 in Stonington, CT is 1-bedrooms: $1,500, 2-bedrooms: $1,860, 3-bedrooms: $2,550. The most common rental property sizes in Stonington, CT are 2-bedroom and 3-bedroom, accounting for 40.4% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,860 | $1,860 |
| 3 Bed Rent | $2,600 | $2,550 |
| 4 Bed Rent | N/A | N/A |
% 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 33. This is a decrease of -30.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $695,000 | 5.0% |
Listing Count | 28 | -5.0% |
| Listings as % of Homes | 0.3% | -5.0% |
Days on Market | 33 | -30.0% |
Demographics — Stonington, CT
As of the latest ACS Survey released in 2023, Stonington, CT has a population of 9,000, which has increased by 1.7% over the past 5 years. Stonington, CT is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 41.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,000 | 1.7% |
% Under 18 | 23.4% | 8.8% |
% Seniors | 19.7% | 6.5% |
% WFH | 9.5% | 313.0% |
% w/ College Degree | 41.3% | 5.9% |
As of the latest ACS Survey released in 2023, Stonington, CT is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Stonington, CT is hispanic, making up 3.4% of the population. Foreign-born residents account for 4.6% of the population in Stonington, CT, and this percentage has increased by 21.1% 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 | 84.3% | -5.5% |
% Black | 2.8% | 16.7% |
% Hispanic | 3.4% | -41.4% |
% Asian | 2.5% | 66.7% |
% Foreign Born | 4.6% | 21.1% |
Mortgage and Risk — Stonington, CT
According to HUD data as of 2023, there were 136 mortgage originations in Stonington, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Stonington, CT. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 136 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Stonington, CT
Stonington, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 251 |
Total Units Section 8 | 177 |
% Rentals under Section 8 | 14.2% |
% Occupied Section 8 | 96.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,500 | $1,240 |
| 2 Bedroom | -$340 | $1,860 | $1,520 |
| 3 Bedroom | -$630 | $2,600 | $1,970 |
| 4 Bedroom | N/A | N/A | $2,550 |
Affordability — Stonington, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $455,000 |
| Median Household Income | $87,400 |