North Branford, CT—06472
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in North Branford, CT
Home Price Trends — North Branford, CT
As of Oct '25, the median home price in North Branford, CT is $462,000, with a year-over-year change of 3.2%. This indicates that home prices in North Branford, CT are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $462,000 | 3.2% |
| Single Family | $462,000 | 2.9% |
| Condos | $442,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $390,000 | 2.1% |
3 Bed | $443,000 | 2.8% |
4 Bed | $538,000 | 3.5% |
| 5 Bed | $558,000 | 3.3% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — North Branford, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in North Branford, CT is 48. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $596,000 | 30.0% |
Listing Count | 9 | -14.0% |
| Listings as % of Homes | 0.4% | -14.0% |
Days on Market | 48 | 0.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — North Branford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $462,000 |
| Median Household Income | $108,000 |