Essex, CT 06409 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Essex, CT—06409

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$472,000

6.7% YoY Growth

Household Income

$103,000

229.4% YoY Growth

Days on Market

6.0% Shorter YoY

Home Price Forecast

2.8%

Median Rent

$1,200

N/A

1-Bed Rent

$1,200

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Essex, CT

06442 06426

Home Price Trends — Essex, CT

As of Dec '25, the median home price in Essex, CT is $472,000, with a year-over-year change of 6.7%. This indicates that home prices in Essex, CT are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$472,000	6.7%
Single Family	$473,000	6.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Essex, CT

Essex, CT lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,200
Studio Rent	N/A	N/A
1 Bed Rent	$1,200	$1,200
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

48.1%

2 Bedrooms

30.8%

3 Bedrooms

21.2%

Property Listings — Essex, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Essex, CT is 47. This is a decrease of -25.0% 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	$471,000	-39.0%
Listing Count	1	-30.0%
Listings as % of Homes	0.7%	-30.0%
Days on Market	66	-6.0%

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Demographics — Essex, CT

As of the latest ACS Survey released in 2023, Essex, CT has a population of 858, which has increased by 84.1% over the past 5 years. Essex, CT is a popular place for families, as children make up 28.4% of the population. The area has a moderately educated workforce, with 43.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	858	84.1%
% Under 18	28.4%	94.5%
% Seniors	15.2%	-46.7%
% WFH	14.6%	∞%
% w/ College Degree	43.0%	41.9%

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As of the latest ACS Survey released in 2023, Essex, CT is a predominantly white area, with 71.4% of the population identifying as white. The white population has shrunk by 27.1% in the last 5 years. The second most common race or ethnicity in Essex, CT is asian, making up 16.7% of the population. Foreign-born residents account for 13.5% of the population in Essex, CT, and this percentage has increased by 542.9% 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	71.4%	-27.1%
% Black	6.9%	∞%
% Hispanic	2.4%	14.3%
% Asian	16.7%	∞%
% Foreign Born	13.5%	542.9%

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Mortgage and Risk — Essex, CT

Essex, CT lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Essex, CT

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

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% 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	N/A	N/A	$1,550
3 Bedroom	N/A	N/A	$2,090
4 Bedroom	N/A	N/A	$2,620

Essex, CT—06409

Key Metrics at a Glance

Other Zip Codes in Essex, CT

Home Price Trends — Essex, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Essex, CT

% of Rental Stock

Property Listings — Essex, CT

Demographics — Essex, CT

Race and Ethnicity

Mortgage and Risk — Essex, CT

Mortgages

Rentals and Section 8 — Essex, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Essex, CT

Home Price to Income Ratio

Essex, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Essex, CT

Essex, CT

Deep River, CT

Old Saybrook, CT

Westbrook, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$472,000
Median Household Income	$103,000

Essex, CT—06409

Key Metrics at a Glance

Other Zip Codes in Essex, CT

Home Price Trends — Essex, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Essex, CT

% of Rental Stock

Property Listings — Essex, CT

Demographics — Essex, CT

Race and Ethnicity

Mortgage and Risk — Essex, CT

Mortgages

Rentals and Section 8 — Essex, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Essex, CT

Home Price to Income Ratio

Essex, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Essex, CT

Essex, CT

Deep River, CT

Old Saybrook, CT

Westbrook, CT

Frequently Asked Questions

What is the average home price in Essex, CT 06409?

How have home prices in Essex, CT 06409 changed over the past year?

What is the home price projection for Essex, CT 06409?

What are the demographics of Essex, CT 06409?

How long does it take homes to sell in Essex, CT 06409?

What is the average rent price in Essex, CT 06409?