Wallingford, CT 06492 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wallingford, CT—06492

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$400,000

3.7% YoY Growth

Household Income

$102,000

28.0% YoY Growth

Days on Market

2.0% Longer YoY

Home Price Forecast

3.7%

Median Rent

$1,950

24.5% YoY Growth

1-Bed Rent

$1,600

N/A

2-Bed Rent

$1,950

N/A

3-Bed Rent

$2,500

13.6% YoY Growth

Home Price Trends — Wallingford, CT

As of Dec '25, the median home price in Wallingford, CT is $400,000, with a year-over-year change of 3.7%. This indicates that home prices in Wallingford, CT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$400,000	3.7%
Single Family	$428,000	3.9%
Condos	$287,000	5.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wallingford, CT

As of July '25, Rentcast reports the average rent in Wallingford, CT is $2,000, with a year-over-year rent change of -24.5%. Per bedroom, the median rent as of July '25 in Wallingford, CT is studios: $1,280, 1-bedrooms: $1,620, 2-bedrooms: $2,000, 3-bedrooms: $2,290, 4-bedrooms: $3,320. The most common rental property sizes in Wallingford, CT are 2-bedroom and 1-bedroom, accounting for 43.6% and 37.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,950	$2,000
Studio Rent	$1,050	$1,280
1 Bed Rent	$1,600	$1,620
2 Bed Rent	$1,950	$2,000
3 Bed Rent	$2,500	$2,290
4 Bed Rent	$3,000	$3,320

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% of Rental Stock

Studio

4.3%

1 Bedroom

37.8%

2 Bedrooms

43.6%

3 Bedrooms

11.1%

4 Bedrooms

2.6%

5+ Bedrooms

0.7%

Property Listings — Wallingford, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Wallingford, CT is 40. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$342,000	-2.0%
Listing Count	74	7.0%
Listings as % of Homes	0.3%	7.0%
Days on Market	36	2.0%

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Demographics — Wallingford, CT

As of the latest ACS Survey released in 2023, Wallingford, CT has a population of 44,100, which has decreased by -1.7% over the past 5 years. Wallingford, CT is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 39.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	44,100	-1.7%
% Under 18	18.1%	13.1%
% Seniors	21.9%	3.3%
% WFH	11.3%	126.0%
% w/ College Degree	39.0%	6.8%

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As of the latest ACS Survey released in 2023, Wallingford, CT is a predominantly white area, with 80.1% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Wallingford, CT is hispanic, making up 11.0% of the population. Foreign-born residents account for 11.1% of the population in Wallingford, CT, and this percentage has increased by 38.7% 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	80.1%	-6.4%
% Black	2.1%	23.5%
% Hispanic	11.0%	48.6%
% Asian	3.5%	-22.2%
% Foreign Born	11.1%	38.7%

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Mortgage and Risk — Wallingford, CT

According to HUD data as of 2023, there were 759 mortgage originations in Wallingford, CT, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Wallingford, CT. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	759
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Wallingford, CT

As of 2024, the percent of homes in Wallingford, CT under the Section 8 program is 4.4%. 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. In Wallingford, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	225
Total Units Section 8	225
% Rentals under Section 8	4.4%
% Occupied Section 8	73.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$190	$1,600	$1,410
2 Bedroom	-$230	$1,950	$1,720
3 Bedroom	-$360	$2,500	$2,140
4 Bedroom	-$590	$3,000	$2,410

Wallingford, CT—06492

Key Metrics at a Glance

Home Price Trends — Wallingford, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wallingford, CT

% of Rental Stock

Property Listings — Wallingford, CT

Demographics — Wallingford, CT

Race and Ethnicity

Mortgage and Risk — Wallingford, CT

Mortgages

Rentals and Section 8 — Wallingford, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Wallingford, CT

Home Price to Income Ratio

Wallingford, CT — ZIP Code Boundary Map

Nearby ZIP Codes

North Branford, CT

Meriden, CT

Meriden, CT

North Haven, CT

Middlefield, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$400,000
Median Household Income	$102,000

Wallingford, CT—06492

Key Metrics at a Glance

Home Price Trends — Wallingford, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wallingford, CT

% of Rental Stock

Property Listings — Wallingford, CT

Demographics — Wallingford, CT

Race and Ethnicity

Mortgage and Risk — Wallingford, CT

Mortgages

Rentals and Section 8 — Wallingford, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Wallingford, CT

Home Price to Income Ratio

Wallingford, CT — ZIP Code Boundary Map

Nearby ZIP Codes

North Branford, CT

Meriden, CT

Meriden, CT

North Haven, CT

Middlefield, CT

Frequently Asked Questions

What is the average home price in Wallingford, CT 06492?

How have home prices in Wallingford, CT 06492 changed over the past year?

What is the home price projection for Wallingford, CT 06492?

What are the demographics of Wallingford, CT 06492?

How long does it take homes to sell in Wallingford, CT 06492?

What is the average rent price in Wallingford, CT 06492?