Naugatuck, CT—06770
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Naugatuck, CT
As of Oct '25, the median home price in Naugatuck, CT is $343,000, with a year-over-year change of 7.3%. This indicates that home prices in Naugatuck, CT are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $343,000 | 7.3% |
| Single Family | $354,000 | 6.6% |
| Condos | $215,000 | 15.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $256,000 | 8.5% |
3 Bed | $351,000 | 6.4% |
4 Bed | $402,000 | 6.9% |
| 5 Bed | $431,000 | 7.5% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Naugatuck, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Naugatuck, CT is 41. 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $369,000 | 7.0% |
Listing Count | 93 | -13.0% |
| Listings as % of Homes | 0.5% | -13.0% |
Days on Market | 41 | 9.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Naugatuck, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $343,000 |
| Median Household Income | $92,000 |