Stratford, CT—06614
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Stratford, CT
Home Price Trends — Stratford, CT
As of Oct '25, the median home price in Stratford, CT is $454,000, with a year-over-year change of 1.8%. This indicates that home prices in Stratford, 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 | $454,000 | 1.8% |
| Single Family | $469,000 | 1.7% |
| Condos | $361,000 | 4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $309,000 | 2.7% |
2 Bed | $392,000 | 2.9% |
3 Bed | $464,000 | 1.8% |
4 Bed | $542,000 | 2.5% |
| 5 Bed | $610,000 | 2.7% |
% of Housing Stock
Rental Trends — Stratford, CT
As of July '25, Rentcast reports the average rent in Stratford, CT is $2,490, with a year-over-year rent change of -14.4%. Per bedroom, the median rent as of July '25 in Stratford, CT is 1-bedrooms: $1,740, 2-bedrooms: $2,190, 3-bedrooms: $3,090, 4-bedrooms: $4,060. The most common rental property sizes in Stratford, CT are 2-bedroom and 1-bedroom, accounting for 32.5% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,490 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,620 | $1,740 |
| 2 Bed Rent | $2,100 | $2,190 |
| 3 Bed Rent | $3,000 | $3,090 |
| 4 Bed Rent | $3,750 | $4,060 |
% of Rental Stock
Property Listings — Stratford, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Stratford, CT is 35. This is a increase of 9.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $494,000 | 13.0% |
Listing Count | 118 | -2.0% |
| Listings as % of Homes | 0.6% | -2.0% |
Days on Market | 35 | 9.0% |
Demographics — Stratford, CT
As of the latest ACS Survey released in 2023, Stratford, CT has a population of 35,500, which has increased by 5.8% over the past 5 years. Stratford, CT is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 39.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,500 | 5.8% |
% Under 18 | 17.4% | -6.5% |
% Seniors | 23.1% | 10.0% |
% WFH | 12.9% | 200.0% |
% w/ College Degree | 39.2% | 10.4% |
As of the latest ACS Survey released in 2023, Stratford, CT is a predominantly white area, with 69.5% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Stratford, CT is hispanic, making up 16.6% of the population. Foreign-born residents account for 11.4% of the population in Stratford, CT, and this percentage has decreased by 23.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.5% | -1.6% |
% Black | 8.4% | -18.4% |
% Hispanic | 16.6% | 16.9% |
% Asian | 1.9% | -38.7% |
% Foreign Born | 11.4% | -23.0% |
Mortgage and Risk — Stratford, CT
According to HUD data as of 2023, there were 735 mortgage originations in Stratford, CT, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Stratford, CT. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 735 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Stratford, CT
As of 2024, the percent of homes in Stratford, CT under the Section 8 program is 7.8%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Stratford, CT, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 129 |
Total Units Section 8 | 129 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,620 | $1,820 |
| 2 Bedroom | $180 | $2,100 | $2,280 |
| 3 Bedroom | -$170 | $3,000 | $2,830 |
| 4 Bedroom | -$460 | $3,750 | $3,290 |
Affordability — Stratford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $454,000 |
| Median Household Income | $106,000 |