Middlebury, CT 06762 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Middlebury, CT—06762

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$531,000

4.0% YoY Growth

Household Income

$143,000

30.9% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

2.9%

Median Rent

$2,850

N/A

1-Bed Rent

$950

N/A

2-Bed Rent

$1,850

N/A

3-Bed Rent

$4,000

N/A

Home Price Trends — Middlebury, CT

As of Dec '25, the median home price in Middlebury, CT is $531,000, with a year-over-year change of 4.0%. This indicates that home prices in Middlebury, CT are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$531,000	4.0%
Single Family	$507,000	3.0%
Condos	$579,000	5.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Middlebury, CT

Middlebury, CT lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,850	$2,870
Studio Rent	N/A	N/A
1 Bed Rent	$950	$1,100
2 Bed Rent	$1,850	$2,350
3 Bed Rent	$4,000	$3,500
4 Bed Rent	$3,900	$3,770

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% of Rental Stock

1 Bedroom

72.2%

2 Bedrooms

9.5%

3 Bedrooms

10.4%

4 Bedrooms

8.0%

Property Listings — Middlebury, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Middlebury, CT is 58. This is a decrease of -8.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$637,000	-7.0%
Listing Count	49	-9.0%
Listings as % of Homes	1.6%	-9.0%
Days on Market	83	-18.0%

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Demographics — Middlebury, CT

As of the latest ACS Survey released in 2023, Middlebury, CT has a population of 7,740, which has remained stable by 1.0% over the past 5 years. Middlebury, CT is a moderately popular place for families, as children make up 23.4% of the population. The area has a highly educated workforce, with 53.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,740	1.0%
% Under 18	23.4%	16.4%
% Seniors	22.0%	3.8%
% WFH	14.8%	97.3%
% w/ College Degree	53.4%	-0.6%

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As of the latest ACS Survey released in 2023, Middlebury, CT is a predominantly white area, with 82.7% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Middlebury, CT is asian, making up 7.4% of the population. Foreign-born residents account for 12.0% of the population in Middlebury, CT, and this percentage has increased by 15.4% 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	82.7%	-4.6%
% Black	0.6%	-40.0%
% Hispanic	4.0%	-33.3%
% Asian	7.4%	27.6%
% Foreign Born	12.0%	15.4%

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Mortgage and Risk — Middlebury, CT

According to HUD data as of 2023, there were 149 mortgage originations in Middlebury, CT, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Middlebury, CT. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	149
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Middlebury, CT

As of 2024, the percent of homes in Middlebury, CT under the Section 8 program is 1.2%. 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 units appear to be good home sizes to consider for Section 8 housing in Middlebury, CT, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	73
Total Units Section 8	3
% Rentals under Section 8	1.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$420	$950	$1,370
2 Bedroom	-$190	$1,850	$1,660
3 Bedroom	-$1,830	$4,000	$2,170
4 Bedroom	-$1,270	$3,900	$2,630

Middlebury, CT—06762

Key Metrics at a Glance

Home Price Trends — Middlebury, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middlebury, CT

% of Rental Stock

Property Listings — Middlebury, CT

Demographics — Middlebury, CT

Race and Ethnicity

Mortgage and Risk — Middlebury, CT

Mortgages

Rentals and Section 8 — Middlebury, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Middlebury, CT

Home Price to Income Ratio

Middlebury, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Waterbury, CT

Watertown, CT

Naugatuck, CT

Waterbury, CT

Waterbury, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$531,000
Median Household Income	$143,000

Middlebury, CT—06762

Key Metrics at a Glance

Home Price Trends — Middlebury, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middlebury, CT

% of Rental Stock

Property Listings — Middlebury, CT

Demographics — Middlebury, CT

Race and Ethnicity

Mortgage and Risk — Middlebury, CT

Mortgages

Rentals and Section 8 — Middlebury, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Middlebury, CT

Home Price to Income Ratio

Middlebury, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Waterbury, CT

Watertown, CT

Naugatuck, CT

Waterbury, CT

Waterbury, CT

Frequently Asked Questions

What is the average home price in Middlebury, CT 06762?

How have home prices in Middlebury, CT 06762 changed over the past year?

What is the home price projection for Middlebury, CT 06762?

What are the demographics of Middlebury, CT 06762?

How long does it take homes to sell in Middlebury, CT 06762?

What is the average rent price in Middlebury, CT 06762?