Danbury, CT—06811
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Danbury, CT
Home Price Trends — Danbury, CT
As of Oct '25, the median home price in Danbury, CT is $502,000, with a year-over-year change of 1.0%. This indicates that home prices in Danbury, CT are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $502,000 | 1.0% |
| Single Family | $534,000 | 0.9% |
| Condos | $363,000 | 2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $216,000 | 1.4% |
2 Bed | $394,000 | 1.5% |
3 Bed | $506,000 | 1.0% |
4 Bed | $663,000 | 1.5% |
| 5 Bed | $711,000 | 1.3% |
% of Housing Stock
Rental Trends — Danbury, CT
As of July '25, Rentcast reports the average rent in Danbury, CT is $2,680, with a year-over-year rent change of 3.1%. Per bedroom, the median rent as of July '25 in Danbury, CT is 1-bedrooms: $1,810, 2-bedrooms: $2,770, 3-bedrooms: $3,380, 4-bedrooms: $5,660. The most common rental property sizes in Danbury, CT are 2-bedroom and 1-bedroom, accounting for 51.8% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,810 |
| 2 Bed Rent | $2,800 | $2,770 |
| 3 Bed Rent | $3,400 | $3,380 |
| 4 Bed Rent | $5,000 | $5,660 |
% of Rental Stock
Property Listings — Danbury, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Danbury, CT is 52. This is a increase of 26.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $542,000 | 21.0% |
Listing Count | 104 | 19.0% |
| Listings as % of Homes | 0.5% | 19.0% |
Days on Market | 52 | 26.0% |
Demographics — Danbury, CT
As of the latest ACS Survey released in 2023, Danbury, CT has a population of 30,500, which has decreased by -5.7% over the past 5 years. Danbury, CT is a less popular place for families, as children make up 14.7% of the population. The area has a moderately educated workforce, with 41.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,500 | -5.7% |
% Under 18 | 14.7% | -26.5% |
% Seniors | 21.9% | 36.0% |
% WFH | 16.7% | 271.1% |
% w/ College Degree | 41.2% | -1.4% |
As of the latest ACS Survey released in 2023, Danbury, CT is a predominantly white area, with 60.0% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Danbury, CT is hispanic, making up 19.5% of the population. Foreign-born residents account for 23.0% of the population in Danbury, CT, and this percentage has increased by 14.4% 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 | 60.0% | -5.8% |
% Black | 10.7% | -4.5% |
% Hispanic | 19.5% | 30.9% |
% Asian | 4.8% | -30.4% |
% Foreign Born | 23.0% | 14.4% |
Mortgage and Risk — Danbury, CT
According to HUD data as of 2023, there were 459 mortgage originations in Danbury, CT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Danbury, CT. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 459 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Danbury, CT
As of 2024, the percent of homes in Danbury, CT under the Section 8 program is 7.0%. 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 Danbury, 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 | 207 |
Total Units Section 8 | 202 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 88.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,800 | $1,830 |
| 2 Bedroom | -$620 | $2,800 | $2,180 |
| 3 Bedroom | -$630 | $3,400 | $2,770 |
| 4 Bedroom | -$2,000 | $5,000 | $3,000 |
Affordability — Danbury, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $502,000 |
| Median Household Income | $108,000 |