New Fairfield, CT 06812 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

New Fairfield, CT—06812

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$549,000

1.9% YoY Growth

Household Income

$144,000

34.3% YoY Growth

Days on Market

33.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$3,000

36.2% YoY Growth

1-Bed Rent

$2,480

N/A

2-Bed Rent

$3,000

38.6% YoY Growth

3-Bed Rent

$2,800

26.2% YoY Growth

Home Price Trends — New Fairfield, CT

As of Dec '25, the median home price in New Fairfield, CT is $549,000, with a year-over-year change of 1.9%. This indicates that home prices in New Fairfield, CT are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$549,000	1.9%
Single Family	$561,000	1.8%
Condos	$350,000	2.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — New Fairfield, CT

As of July '25, Rentcast reports the average rent in New Fairfield, CT is $3,530, with a year-over-year rent change of -36.2%. Per bedroom, the median rent as of July '25 in New Fairfield, CT is 1-bedrooms: $2,910, 2-bedrooms: $3,040, 3-bedrooms: $3,520, 4-bedrooms: $5,750. The most common rental property sizes in New Fairfield, CT are 3-bedroom and 2-bedroom, accounting for 44.9% and 25.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,000	$3,530
Studio Rent	N/A	N/A
1 Bed Rent	$2,480	$2,910
2 Bed Rent	$3,000	$3,040
3 Bed Rent	$2,800	$3,520
4 Bed Rent	$4,500	$5,750

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% of Rental Stock

Studio

0.2%

1 Bedroom

17.5%

2 Bedrooms

25.5%

3 Bedrooms

44.9%

4 Bedrooms

8.2%

5+ Bedrooms

3.6%

Property Listings — New Fairfield, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in New Fairfield, CT is 57. This is a increase of 15.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$738,000	18.0%
Listing Count	45	20.0%
Listings as % of Homes	0.7%	20.0%
Days on Market	73	33.0%

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Demographics — New Fairfield, CT

As of the latest ACS Survey released in 2023, New Fairfield, CT has a population of 13,600, which has decreased by -3.1% over the past 5 years. New Fairfield, CT is a popular place for families, as children make up 25.9% of the population. The area has a highly educated workforce, with 45.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,600	-3.1%
% Under 18	25.9%	20.5%
% Seniors	16.9%	-4.0%
% WFH	15.1%	184.9%
% w/ College Degree	45.4%	-10.5%

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As of the latest ACS Survey released in 2023, New Fairfield, CT is a predominantly white area, with 74.7% of the population identifying as white. The white population has shrunk by 16.3% in the last 5 years. The second most common race or ethnicity in New Fairfield, CT is hispanic, making up 13.3% of the population. Foreign-born residents account for 11.7% of the population in New Fairfield, CT, and this percentage has increased by 64.8% 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	74.7%	-16.3%
% Black	4.0%	344.4%
% Hispanic	13.3%	84.7%
% Asian	1.9%	90.0%
% Foreign Born	11.7%	64.8%

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Mortgage and Risk — New Fairfield, CT

According to HUD data as of 2023, there were 231 mortgage originations in New Fairfield, CT, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in New Fairfield, CT. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	231
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	1.0%
% Second Loans	4.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — New Fairfield, CT

As of 2024, the percent of homes in New Fairfield, CT under the Section 8 program is 2.5%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in New Fairfield, CT, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	14
Total Units Section 8	14
% Rentals under Section 8	2.5%
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$260	$2,480	$2,220
2 Bedroom	-$360	$3,000	$2,640
3 Bedroom	$550	$2,800	$3,350
4 Bedroom	-$860	$4,500	$3,640

New Fairfield, CT—06812

Key Metrics at a Glance

Home Price Trends — New Fairfield, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Fairfield, CT

% of Rental Stock

Property Listings — New Fairfield, CT

Demographics — New Fairfield, CT

Race and Ethnicity

Mortgage and Risk — New Fairfield, CT

Mortgages

Rentals and Section 8 — New Fairfield, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — New Fairfield, CT

Home Price to Income Ratio

New Fairfield, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Danbury, CT

Sherman, CT

Brookfield, CT

Patterson, NY

Danbury, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$549,000
Median Household Income	$144,000

New Fairfield, CT—06812

Key Metrics at a Glance

Home Price Trends — New Fairfield, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Fairfield, CT

% of Rental Stock

Property Listings — New Fairfield, CT

Demographics — New Fairfield, CT

Race and Ethnicity

Mortgage and Risk — New Fairfield, CT

Mortgages

Rentals and Section 8 — New Fairfield, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — New Fairfield, CT

Home Price to Income Ratio

New Fairfield, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Danbury, CT

Sherman, CT

Brookfield, CT

Patterson, NY

Danbury, CT

Frequently Asked Questions

What is the average home price in New Fairfield, CT 06812?

How have home prices in New Fairfield, CT 06812 changed over the past year?

What is the home price projection for New Fairfield, CT 06812?

What are the demographics of New Fairfield, CT 06812?

How long does it take homes to sell in New Fairfield, CT 06812?

What is the average rent price in New Fairfield, CT 06812?