Southington, CT06479

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$403,000
4.2% YoY Growth
Median Household Income
$111,000
20.8% 5-Year Growth
Days on Market
14
37.0% Shorter than last year
Home Price Forecast
3.2%
Median Rent
$2,000
17.2% YoY Growth
1-Bed Rent
$1,650
8.3% YoY Growth
2-Bed Rent
$2,000
N/A
3-Bed Rent
$2,380
N/A

Other Zip Codes in Southington, CT

Property Listings — Southington, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Southington, CT is 14. This is a decrease of -37.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$410,0001.0%
Listing Count
1724.0%
Listings as % of Homes0.3%24.0%
Days on Market
14-37.0%
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Demographics — Southington, CT

As of the latest ACS Survey released in 2023, Southington, CT has a population of 10,200, which has increased by 6.3% over the past 5 years. Southington, CT is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 41.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,2006.3%
% Under 18
19.8%14.5%
% Seniors
20.4%-6.0%
% WFH
11.6%81.2%
% w/ College Degree
41.3%8.7%
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As of the latest ACS Survey released in 2023, Southington, CT is a predominantly white area, with 82.8% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Southington, CT is asian, making up 5.0% of the population. Foreign-born residents account for 8.3% of the population in Southington, CT, and this percentage has increased by 50.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
82.8%-11.6%
% Black
2.0%42.9%
% Hispanic
4.4%0.0%
% Asian
5.0%2,400.0%
% Foreign Born
8.3%50.9%
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Mortgage and Risk — Southington, CT

According to HUD data as of 2023, there were 281 mortgage originations in Southington, CT, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Southington, CT. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
281
% Conventional Loans
88.0%
% Government Loans
12.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Southington, CT

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

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
1.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$210$1,650$1,440
2 Bedroom-$180$2,000$1,820
3 Bedroom-$190$2,380$2,190
4 BedroomN/AN/A$2,600

Affordability — Southington, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$403,000
Median Household Income$111,000

Southington, CT — ZIP Code Boundary Map

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Frequently Asked Questions