Voluntown, CT—06384
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Voluntown, CT
As of Oct '25, the median home price in Voluntown, CT is $394,000, with a year-over-year change of 3.1%. This indicates that home prices in Voluntown, CT are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $394,000 | 3.1% |
| Single Family | $394,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $331,000 | 1.8% |
3 Bed | $406,000 | 3.3% |
4 Bed | $478,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Voluntown, CT
As of July '25, Rentcast reports the average rent in Voluntown, CT is $1,400, with a year-over-year rent change of -9.7%. Per bedroom, the median rent as of July '25 in Voluntown, CT is 2-bedrooms: $1,400. The most common rental property sizes in Voluntown, CT are 2-bedroom and 3-bedroom, accounting for 49.8% and 23.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Voluntown, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Voluntown, CT is 58. This is a decrease of -33.0% 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 | $414,000 | -33.0% |
Listing Count | 7 | -7.0% |
| Listings as % of Homes | N/A | -7.0% |
Days on Market | 58 | -33.0% |
Demographics — Voluntown, CT
As of the latest ACS Survey released in 2023, Voluntown, CT has a population of 2,810, which has increased by 1.9% over the past 5 years. Voluntown, CT is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 23.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,810 | 1.9% |
% Under 18 | 17.9% | -20.4% |
% Seniors | 14.8% | -5.1% |
% WFH | 5.8% | 31.8% |
% w/ College Degree | 23.8% | 30.1% |
As of the latest ACS Survey released in 2023, Voluntown, CT is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 10.2% in the last 5 years. The second most common race or ethnicity in Voluntown, CT is black, making up 6.4% of the population. Foreign-born residents account for 1.8% of the population in Voluntown, 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 | 82.0% | -10.2% |
% Black | 6.4% | 106.5% |
% Hispanic | 2.1% | -8.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.8% | -28.0% |
Mortgage and Risk — Voluntown, CT
According to HUD data as of 2023, there were 51 mortgage originations in Voluntown, CT, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Voluntown, CT. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Voluntown, CT
Voluntown, 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 | 1.0% |
% 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 | $20 | $1,400 | $1,420 |
| 3 Bedroom | N/A | N/A | $1,830 |
| 4 Bedroom | N/A | N/A | $2,370 |
Affordability — Voluntown, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $394,000 |
| Median Household Income | $90,500 |