Naugatuck, CT 06770 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Naugatuck, CT—06770

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$340,000

7.0% YoY Growth

Household Income

$92,000

30.3% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

3.8%

Median Rent

$1,800

23.8% YoY Growth

1-Bed Rent

$1,500

N/A

2-Bed Rent

$1,800

19.4% YoY Growth

3-Bed Rent

$2,000

N/A

Home Price Trends — Naugatuck, CT

As of Dec '25, the median home price in Naugatuck, CT is $340,000, with a year-over-year change of 7.0%. This indicates that home prices in Naugatuck, CT are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$340,000	7.0%
Single Family	$351,000	6.0%
Condos	$211,000	13.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Naugatuck, CT

As of July '25, Rentcast reports the average rent in Naugatuck, CT is $1,980, with a year-over-year rent change of 23.8%. Per bedroom, the median rent as of July '25 in Naugatuck, CT is 1-bedrooms: $1,520, 2-bedrooms: $1,910, 3-bedrooms: $2,300. The most common rental property sizes in Naugatuck, CT are 2-bedroom and 1-bedroom, accounting for 46.9% and 24.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,980
Studio Rent	N/A	N/A
1 Bed Rent	$1,500	$1,520
2 Bed Rent	$1,800	$1,910
3 Bed Rent	$2,000	$2,300
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.9%

1 Bedroom

24.9%

2 Bedrooms

46.9%

3 Bedrooms

19.8%

4 Bedrooms

3.8%

5+ Bedrooms

0.8%

Property Listings — Naugatuck, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Naugatuck, CT is 40. 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$367,000	6.0%
Listing Count	94	-3.0%
Listings as % of Homes	0.5%	-3.0%
Days on Market	49	-15.0%

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Demographics — Naugatuck, CT

As of the latest ACS Survey released in 2023, Naugatuck, CT has a population of 31,700, which has remained stable by 0.1% over the past 5 years. Naugatuck, CT is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	31,700	0.1%
% Under 18	20.1%	-8.2%
% Seniors	14.7%	-3.3%
% WFH	12.3%	272.7%
% w/ College Degree	32.3%	14.1%

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As of the latest ACS Survey released in 2023, Naugatuck, CT is a predominantly white area, with 60.7% of the population identifying as white. The white population has shrunk by 17.6% in the last 5 years. The second most common race or ethnicity in Naugatuck, CT is hispanic, making up 17.2% of the population. Foreign-born residents account for 17.4% of the population in Naugatuck, CT, and this percentage has increased by 28.9% 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	60.7%	-17.6%
% Black	11.9%	50.6%
% Hispanic	17.2%	52.2%
% Asian	4.4%	41.9%
% Foreign Born	17.4%	28.9%

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Mortgage and Risk — Naugatuck, CT

According to HUD data as of 2023, there were 530 mortgage originations in Naugatuck, CT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Naugatuck, CT. Investor activity is low, as 2.0% 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	530
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Naugatuck, CT

Naugatuck, CT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	540
Total Units Section 8	404
% Rentals under Section 8	10.0%
% Occupied Section 8	86.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$150	$1,500	$1,350
2 Bedroom	-$210	$1,800	$1,590
3 Bedroom	-$50	$2,000	$1,950
4 Bedroom	N/A	N/A	$2,700

Naugatuck, CT—06770

Key Metrics at a Glance

Home Price Trends — Naugatuck, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Naugatuck, CT

% of Rental Stock

Property Listings — Naugatuck, CT

Demographics — Naugatuck, CT

Race and Ethnicity

Mortgage and Risk — Naugatuck, CT

Mortgages

Rentals and Section 8 — Naugatuck, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Naugatuck, CT

Home Price to Income Ratio

Naugatuck, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Beacon Falls, CT

Waterbury, CT

Waterbury, CT

Waterbury, CT

Prospect, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$340,000
Median Household Income	$92,000

Naugatuck, CT—06770

Key Metrics at a Glance

Home Price Trends — Naugatuck, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Naugatuck, CT

% of Rental Stock

Property Listings — Naugatuck, CT

Demographics — Naugatuck, CT

Race and Ethnicity

Mortgage and Risk — Naugatuck, CT

Mortgages

Rentals and Section 8 — Naugatuck, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Naugatuck, CT

Home Price to Income Ratio

Naugatuck, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Beacon Falls, CT

Waterbury, CT

Waterbury, CT

Waterbury, CT

Prospect, CT

Frequently Asked Questions

What is the average home price in Naugatuck, CT 06770?

How have home prices in Naugatuck, CT 06770 changed over the past year?

What is the home price projection for Naugatuck, CT 06770?

What are the demographics of Naugatuck, CT 06770?

How long does it take homes to sell in Naugatuck, CT 06770?

What is the average rent price in Naugatuck, CT 06770?