North Branford, CT 06472 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

North Branford, CT—06472

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$470,000

3.0% YoY Growth

Household Income

$108,000

14.7% YoY Growth

Days on Market

9.0% Shorter YoY

Home Price Forecast

4.0%

Median Rent

$2,100

N/A

1-Bed Rent

N/A

2-Bed Rent

$2,100

N/A

3-Bed Rent

N/A

Other Zip Codes in North Branford, CT

06471

Home Price Trends — North Branford, CT

As of Dec '25, the median home price in North Branford, CT is $470,000, with a year-over-year change of 3.0%. This indicates that home prices in North Branford, CT are increasing. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$470,000	3.0%
Single Family	$470,000	2.8%
Condos	$441,000	6.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Branford, CT

North Branford, CT lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,100	$2,100
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,100	$2,100
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

33.7%

2 Bedrooms

51.0%

3 Bedrooms

8.8%

4 Bedrooms

6.5%

Property Listings — North Branford, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in North Branford, CT is 31. This is a decrease of -14.0% 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	$564,000	-1.0%
Listing Count	10	-14.0%
Listings as % of Homes	0.4%	-14.0%
Days on Market	57	-9.0%

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Demographics — North Branford, CT

As of the latest ACS Survey released in 2023, North Branford, CT has a population of 6,410, which has decreased by -5.7% over the past 5 years. North Branford, CT is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 38.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,410	-5.7%
% Under 18	20.6%	-0.5%
% Seniors	24.0%	23.7%
% WFH	12.3%	324.1%
% w/ College Degree	38.0%	11.4%

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As of the latest ACS Survey released in 2023, North Branford, CT is a predominantly white area, with 90.7% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in North Branford, CT is hispanic, making up 2.5% of the population. Foreign-born residents account for 6.0% of the population in North Branford, CT, and this percentage has increased by 20.0% 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	90.7%	0.8%
% Black	0.8%	-83.3%
% Hispanic	2.5%	-44.4%
% Asian	2.1%	950.0%
% Foreign Born	6.0%	20.0%

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Mortgage and Risk — North Branford, CT

According to HUD data as of 2023, there were 130 mortgage originations in North Branford, CT, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in North Branford, CT. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	130
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — North Branford, CT

North Branford, CT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,560
2 Bedroom	-$190	$2,100	$1,910
3 Bedroom	N/A	N/A	$2,370
4 Bedroom	N/A	N/A	$2,680

North Branford, CT—06472

Key Metrics at a Glance

Other Zip Codes in North Branford, CT

Home Price Trends — North Branford, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Branford, CT

% of Rental Stock

Property Listings — North Branford, CT

Demographics — North Branford, CT

Race and Ethnicity

Mortgage and Risk — North Branford, CT

Mortgages

Rentals and Section 8 — North Branford, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — North Branford, CT

Home Price to Income Ratio

North Branford, CT — ZIP Code Boundary Map

Nearby ZIP Codes