Cheshire, CT 06410 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cheshire, CT—06410

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$540,000

4.8% YoY Growth

Household Income

$151,000

33.4% YoY Growth

Days on Market

16.0% Shorter YoY

Home Price Forecast

2.3%

Median Rent

$2,650

11.3% YoY Growth

1-Bed Rent

$1,300

N/A

2-Bed Rent

$1,900

N/A

3-Bed Rent

$2,700

10.3% YoY Growth

Home Price Trends — Cheshire, CT

As of May '26, the median home price in Cheshire, CT is $540,000, with a year-over-year change of 4.8%. This indicates that home prices in Cheshire, CT are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$540,000	4.8%
Single Family	$573,000	4.8%
Condos	$322,000	2.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cheshire, CT

As of July '25, Rentcast reports the average rent in Cheshire, CT is $2,660, with a year-over-year rent change of -11.3%. Per bedroom, the median rent as of July '25 in Cheshire, CT is studios: $2,100, 1-bedrooms: $1,450, 2-bedrooms: $2,210, 3-bedrooms: $2,690, 4-bedrooms: $3,950. The most common rental property sizes in Cheshire, CT are 2-bedroom and 1-bedroom, accounting for 49.4% and 36.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,650	$2,660
Studio Rent	$2,100	$2,100
1 Bed Rent	$1,300	$1,450
2 Bed Rent	$1,900	$2,210
3 Bed Rent	$2,700	$2,690
4 Bed Rent	$3,900	$3,950

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% of Rental Stock

Studio

2.1%

1 Bedroom

36.8%

2 Bedrooms

49.4%

3 Bedrooms

6.3%

4 Bedrooms

4.5%

5+ Bedrooms

1.0%

Property Listings — Cheshire, CT

As of May '26, Realtor.com reports that the median days on market for a home in Cheshire, CT is 28. This is a decrease of -16.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$620,000	-15.0%
Listing Count	105	0.0%
Listings as % of Homes	0.8%	0.0%
Days on Market	28	-16.0%

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Demographics — Cheshire, CT

As of the latest ACS Survey released in 2023, Cheshire, CT has a population of 28,800, which has decreased by -1.2% over the past 5 years. Cheshire, CT is a moderately popular place for families, as children make up 22.1% of the population. The area has a highly educated workforce, with 62.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,800	-1.2%
% Under 18	22.1%	15.7%
% Seniors	20.1%	12.3%
% WFH	18.6%	135.4%
% w/ College Degree	62.2%	15.6%

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As of the latest ACS Survey released in 2023, Cheshire, CT is a predominantly white area, with 73.3% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Cheshire, CT is asian, making up 9.7% of the population. Foreign-born residents account for 13.0% of the population in Cheshire, CT, and this percentage has increased by 28.7% 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	73.3%	-8.9%
% Black	2.8%	-42.9%
% Hispanic	6.8%	65.9%
% Asian	9.7%	26.0%
% Foreign Born	13.0%	28.7%

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Mortgage and Risk — Cheshire, CT

According to HUD data as of 2023, there were 568 mortgage originations in Cheshire, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Cheshire, CT. Investor activity is low, as 2.0% 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	568
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Cheshire, CT

As of 2024, the percent of homes in Cheshire, CT under the Section 8 program is 12.5%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Cheshire, CT, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	159
Total Units Section 8	159
% Rentals under Section 8	12.5%
% Occupied Section 8	95.6%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$200	$1,300	$1,500
2 Bedroom	-$70	$1,900	$1,830
3 Bedroom	-$430	$2,700	$2,270
4 Bedroom	-$1,330	$3,900	$2,570

Cheshire, CT—06410

Key Metrics at a Glance

Home Price Trends — Cheshire, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cheshire, CT

% of Rental Stock

Property Listings — Cheshire, CT

Demographics — Cheshire, CT

Race and Ethnicity

Mortgage and Risk — Cheshire, CT

Mortgages

Rentals and Section 8 — Cheshire, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Cheshire, CT

Home Price to Income Ratio

Cheshire, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Milldale

Marion

Southington, CT

Prospect, CT

Hamden, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$540,000
Median Household Income	$151,000

Cheshire, CT—06410

Key Metrics at a Glance

Home Price Trends — Cheshire, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cheshire, CT

% of Rental Stock

Property Listings — Cheshire, CT

Demographics — Cheshire, CT

Race and Ethnicity

Mortgage and Risk — Cheshire, CT

Mortgages

Rentals and Section 8 — Cheshire, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Cheshire, CT

Home Price to Income Ratio

Cheshire, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Milldale

Marion

Southington, CT

Prospect, CT

Hamden, CT

Frequently Asked Questions

What is the average home price in Cheshire, CT 06410?

How have home prices in Cheshire, CT 06410 changed over the past year?

What is the home price projection for Cheshire, CT 06410?

What are the demographics of Cheshire, CT 06410?

How long does it take homes to sell in Cheshire, CT 06410?

What is the average rent price in Cheshire, CT 06410?