Middlefield, CT—06455
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Middlefield, CT
Home Price Trends — Middlefield, CT
As of Oct '25, the median home price in Middlefield, CT is $404,000, with a year-over-year change of 4.2%. This indicates that home prices in Middlefield, CT are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $404,000 | 4.2% |
| Single Family | $403,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $329,000 | 4.4% |
3 Bed | $402,000 | 3.9% |
4 Bed | $540,000 | 5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Middlefield, CT
Middlefield, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Middlefield, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Middlefield, CT is 23. This is a decrease of -54.0% 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 | $595,000 | -37.0% |
Listing Count | 7 | -28.0% |
| Listings as % of Homes | 0.8% | -28.0% |
Days on Market | 23 | -54.0% |
Demographics — Middlefield, CT
As of the latest ACS Survey released in 2023, Middlefield, CT has a population of 2,590, which has decreased by -18.3% over the past 5 years. Middlefield, CT is a less popular place for families, as children make up 14.9% of the population. The area has a highly educated workforce, with 45.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,590 | -18.3% |
% Under 18 | 14.9% | -6.3% |
% Seniors | 20.1% | -6.1% |
% WFH | 11.8% | 174.4% |
% w/ College Degree | 45.6% | 26.0% |
As of the latest ACS Survey released in 2023, Middlefield, CT is a predominantly white area, with 86.7% 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 Middlefield, CT is asian, making up 5.2% of the population. Foreign-born residents account for 5.9% of the population in Middlefield, CT, and this percentage has increased by 181.0% 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 | 86.7% | -10.2% |
% Black | 0.4% | 300.0% |
% Hispanic | 4.4% | 780.0% |
% Asian | 5.2% | 108.0% |
% Foreign Born | 5.9% | 181.0% |
Mortgage and Risk — Middlefield, CT
According to HUD data as of 2023, there were 86 mortgage originations in Middlefield, CT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Middlefield, CT. Investor activity is low, as 1.0% 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 | 86 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Middlefield, CT
Middlefield, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,460 |
| 2 Bedroom | N/A | N/A | $1,830 |
| 3 Bedroom | N/A | N/A | $2,220 |
| 4 Bedroom | N/A | N/A | $2,590 |
Affordability — Middlefield, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $404,000 |
| Median Household Income | $114,000 |