Westbrook, CT 06498 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Westbrook, CT—06498

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$581,000

5.5% YoY Growth

Household Income

$76,200

14.4% YoY Growth

Days on Market

16.0% Shorter YoY

Home Price Forecast

2.6%

Median Rent

$2,400

142.6% YoY Growth

1-Bed Rent

$1,900

80.0% YoY Growth

2-Bed Rent

$1,800

N/A

3-Bed Rent

$3,000

N/A

Home Price Trends — Westbrook, CT

As of May '26, the median home price in Westbrook, CT is $581,000, with a year-over-year change of 5.5%. This indicates that home prices in Westbrook, 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	$581,000	5.5%
Single Family	$593,000	5.3%
Condos	$489,000	8.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Westbrook, CT

As of July '25, Rentcast reports the average rent in Westbrook, CT is $2,790, with a year-over-year rent change of 142.6%. Per bedroom, the median rent as of July '25 in Westbrook, CT is 1-bedrooms: $2,070, 2-bedrooms: $1,860, 3-bedrooms: $3,090, 4-bedrooms: $4,580. The most common rental property sizes in Westbrook, CT are 1-bedroom and 2-bedroom, accounting for 36.5% and 34.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,400	$2,790
Studio Rent	N/A	N/A
1 Bed Rent	$1,900	$2,070
2 Bed Rent	$1,800	$1,860
3 Bed Rent	$3,000	$3,090
4 Bed Rent	$4,580	$4,580

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% of Rental Stock

Studio

11.2%

1 Bedroom

36.5%

2 Bedrooms

34.5%

3 Bedrooms

9.5%

4 Bedrooms

8.3%

Property Listings — Westbrook, CT

As of May '26, Realtor.com reports that the median days on market for a home in Westbrook, CT is 36. This is a decrease of -16.0% 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	$700,000	-20.0%
Listing Count	25	-39.0%
Listings as % of Homes	0.4%	-39.0%
Days on Market	36	-16.0%

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Demographics — Westbrook, CT

As of the latest ACS Survey released in 2023, Westbrook, CT has a population of 6,830, which has decreased by -1.3% over the past 5 years. Westbrook, CT is a less popular place for families, as children make up 10.7% of the population. The area has a highly educated workforce, with 45.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,830	-1.3%
% Under 18	10.7%	10.3%
% Seniors	35.9%	43.6%
% WFH	16.3%	83.1%
% w/ College Degree	45.4%	-0.2%

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As of the latest ACS Survey released in 2023, Westbrook, CT is a predominantly white area, with 76.5% of the population identifying as white. The white population has shrunk by 18.1% in the last 5 years. The second most common race or ethnicity in Westbrook, CT is hispanic, making up 13.7% of the population. Foreign-born residents account for 13.5% of the population in Westbrook, CT, and this percentage has increased by 107.7% 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	76.5%	-18.1%
% Black	1.1%	37.5%
% Hispanic	13.7%	356.7%
% Asian	1.7%	1,600.0%
% Foreign Born	13.5%	107.7%

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Mortgage and Risk — Westbrook, CT

According to HUD data as of 2023, there were 145 mortgage originations in Westbrook, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Westbrook, CT. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	145
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	2.0%
% Second Loans	9.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Westbrook, CT

As of 2024, the percent of homes in Westbrook, CT under the Section 8 program is 0.6%. 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 Westbrook, 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	5
Total Units Section 8	5
% Rentals under Section 8	0.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$660	$1,900	$1,240
2 Bedroom	-$190	$1,800	$1,610
3 Bedroom	-$900	$3,000	$2,100
4 Bedroom	-$1,880	$4,580	$2,700

Westbrook, CT—06498

Key Metrics at a Glance

Home Price Trends — Westbrook, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westbrook, CT

% of Rental Stock

Property Listings — Westbrook, CT

Demographics — Westbrook, CT

Race and Ethnicity

Mortgage and Risk — Westbrook, CT

Mortgages

Rentals and Section 8 — Westbrook, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Westbrook, CT

Home Price to Income Ratio

Westbrook, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Essex, CT

Deep River, CT

Clinton, CT

Essex, CT

Old Saybrook, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.5
Median Home Price	$581,000
Median Household Income	$76,200

Westbrook, CT—06498

Key Metrics at a Glance

Home Price Trends — Westbrook, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westbrook, CT

% of Rental Stock

Property Listings — Westbrook, CT

Demographics — Westbrook, CT

Race and Ethnicity

Mortgage and Risk — Westbrook, CT

Mortgages

Rentals and Section 8 — Westbrook, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Westbrook, CT

Home Price to Income Ratio

Westbrook, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Essex, CT

Deep River, CT

Clinton, CT

Essex, CT

Old Saybrook, CT

Frequently Asked Questions

What is the average home price in Westbrook, CT 06498?

How have home prices in Westbrook, CT 06498 changed over the past year?

What is the home price projection for Westbrook, CT 06498?

What are the demographics of Westbrook, CT 06498?

How long does it take homes to sell in Westbrook, CT 06498?

What is the average rent price in Westbrook, CT 06498?