Bethel, CT06801

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$542,000
0.9% YoY Growth
Median Household Income
$115,000
13.7% 5-Year Growth
Days on Market
30
3.0% Longer than last year
Home Price Forecast
2.5%
Median Rent
$2,600
3.2% YoY Growth
1-Bed Rent
$1,950
6.3% YoY Growth
2-Bed Rent
$2,500
12.4% YoY Growth
3-Bed Rent
$3,000
5.3% YoY Growth

Property Listings — Bethel, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Bethel, CT is 30. This is a increase of 3.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$684,00013.0%
Listing Count
60-2.0%
Listings as % of Homes0.5%-2.0%
Days on Market
303.0%
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Demographics — Bethel, CT

As of the latest ACS Survey released in 2023, Bethel, CT has a population of 20,500, which has increased by 4.8% over the past 5 years. Bethel, CT is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 44.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
20,5004.8%
% Under 18
22.3%-1.3%
% Seniors
15.4%2.7%
% WFH
14.9%204.1%
% w/ College Degree
44.6%0.7%
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As of the latest ACS Survey released in 2023, Bethel, CT is a predominantly white area, with 64.9% of the population identifying as white. The white population has shrunk by 21.2% in the last 5 years. The second most common race or ethnicity in Bethel, CT is hispanic, making up 13.9% of the population. Foreign-born residents account for 21.0% of the population in Bethel, CT, and this percentage has increased by 42.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
64.9%-21.2%
% Black
6.5%170.8%
% Hispanic
13.9%90.4%
% Asian
5.6%-18.8%
% Foreign Born
21.0%42.9%
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Mortgage and Risk — Bethel, CT

According to HUD data as of 2023, there were 318 mortgage originations in Bethel, CT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Bethel, CT. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
318
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Bethel, CT

As of 2024, the percent of homes in Bethel, CT under the Section 8 program is 13.7%. 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. In Bethel, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
218
Total Units Section 8
218
% Rentals under Section 8
13.7%
% Occupied Section 8
92.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$300$1,950$1,650
2 Bedroom-$500$2,500$2,000
3 Bedroom-$440$3,000$2,560
4 Bedroom-$800$3,500$2,700

Affordability — Bethel, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$542,000
Median Household Income$115,000

Bethel, CT — ZIP Code Boundary Map

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Frequently Asked Questions