Trumbull, CT—06611
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Trumbull, CT
As of Oct '25, the median home price in Trumbull, CT is $644,000, with a year-over-year change of 3.7%. This indicates that home prices in Trumbull, CT are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $644,000 | 3.7% |
| Single Family | $653,000 | 3.5% |
| Condos | $520,000 | 5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $366,000 | 3.4% |
2 Bed | $505,000 | 5.2% |
3 Bed | $594,000 | 3.8% |
4 Bed | $756,000 | 3.3% |
| 5 Bed | $829,000 | 3.9% |
% of Housing Stock
Rental Trends — Trumbull, CT
As of July '25, Rentcast reports the average rent in Trumbull, CT is $3,500, with a year-over-year rent change of 34.6%. Per bedroom, the median rent as of July '25 in Trumbull, CT is 1-bedrooms: $2,360, 2-bedrooms: $3,180, 3-bedrooms: $3,700, 4-bedrooms: $4,160. The most common rental property sizes in Trumbull, CT are 1-bedroom and 3-bedroom, accounting for 38.6% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,380 | $2,360 |
| 2 Bed Rent | $3,000 | $3,180 |
| 3 Bed Rent | $3,700 | $3,700 |
| 4 Bed Rent | $4,200 | $4,160 |
% of Rental Stock
Property Listings — Trumbull, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Trumbull, CT is 43. This is a decrease of -6.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $654,000 | 3.0% |
Listing Count | 89 | 23.0% |
| Listings as % of Homes | 0.6% | 23.0% |
Days on Market | 43 | -6.0% |
Demographics — Trumbull, CT
As of the latest ACS Survey released in 2023, Trumbull, CT has a population of 36,900, which has increased by 2.1% over the past 5 years. Trumbull, CT is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 59.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,900 | 2.1% |
% Under 18 | 27.0% | 11.1% |
% Seniors | 17.2% | -8.5% |
% WFH | 20.4% | 251.7% |
% w/ College Degree | 59.5% | 10.0% |
As of the latest ACS Survey released in 2023, Trumbull, CT is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Trumbull, CT is asian, making up 9.4% of the population. Foreign-born residents account for 18.3% of the population in Trumbull, CT, and this percentage has increased by 46.4% 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 | 74.6% | -5.3% |
% Black | 2.1% | -50.0% |
% Hispanic | 8.4% | -6.7% |
% Asian | 9.4% | 54.1% |
% Foreign Born | 18.3% | 46.4% |
Mortgage and Risk — Trumbull, CT
According to HUD data as of 2023, there were 656 mortgage originations in Trumbull, CT, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Trumbull, CT. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 656 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Trumbull, CT
As of 2024, the percent of homes in Trumbull, CT under the Section 8 program is 2.1%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Trumbull, CT, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $2,380 | $2,360 |
| 2 Bedroom | -$50 | $3,000 | $2,950 |
| 3 Bedroom | -$40 | $3,700 | $3,660 |
| 4 Bedroom | $60 | $4,200 | $4,260 |
Affordability — Trumbull, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $644,000 |
| Median Household Income | $163,000 |