Danbury, CT06810

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$442,000
1.0% YoY Growth
Median Household Income
$74,400
21.5% 5-Year Growth
Days on Market
35
23.0% Longer than last year
Home Price Forecast
2.5%
Median Rent
$2,650
7.7% YoY Growth
1-Bed Rent
$1,850
1.5% YoY Growth
2-Bed Rent
$2,600
2.2% YoY Growth
3-Bed Rent
$3,500
15.4% YoY Growth

Other Zip Codes in Danbury, CT

Property Listings — Danbury, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Danbury, CT is 35. This is a increase of 23.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$512,00012.0%
Listing Count
1097.0%
Listings as % of Homes0.3%7.0%
Days on Market
3523.0%
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Demographics — Danbury, CT

As of the latest ACS Survey released in 2023, Danbury, CT has a population of 55,200, which has increased by 6.5% over the past 5 years. Danbury, CT is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
55,2006.5%
% Under 18
22.4%5.2%
% Seniors
13.7%13.2%
% WFH
9.3%365.0%
% w/ College Degree
30.5%16.9%
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As of the latest ACS Survey released in 2023, Danbury, CT is a predominantly hispanic area, with 37.3% of the population identifying as hispanic. The hispanic population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Danbury, CT is white, making up 34.9% of the population. Foreign-born residents account for 41.1% of the population in Danbury, CT, and this percentage has increased by 11.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
34.9%-17.5%
% Black
14.2%69.0%
% Hispanic
37.3%-5.6%
% Asian
4.9%-9.3%
% Foreign Born
41.1%11.1%
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Mortgage and Risk — Danbury, CT

According to HUD data as of 2023, there were 404 mortgage originations in Danbury, CT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Danbury, CT. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
404
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Danbury, CT

As of 2024, the percent of homes in Danbury, CT under the Section 8 program is 10.2%. 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. In Danbury, 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
1,610
Total Units Section 8
1,205
% Rentals under Section 8
10.2%
% Occupied Section 8
92.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$30$1,850$1,820
2 Bedroom-$430$2,600$2,170
3 Bedroom-$740$3,500$2,760
4 Bedroom-$610$3,600$2,990

Affordability — Danbury, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5
Median Home Price$442,000
Median Household Income$74,400

Danbury, CT — ZIP Code Boundary Map

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Frequently Asked Questions