Stamford, CT—06902
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stamford, CT
As of Oct '25, the median home price in Stamford, CT is $567,000, with a year-over-year change of 3.6%. This indicates that home prices in Stamford, CT are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $567,000 | 3.6% |
| Single Family | $816,000 | 2.6% |
| Condos | $379,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $264,000 | 2.3% |
2 Bed | $437,000 | 3.3% |
3 Bed | $723,000 | 2.7% |
4 Bed | $1,070,000 | 3.4% |
| 5 Bed | $1,630,000 | 6.0% |
% of Housing Stock
Rental Trends — Stamford, CT
As of July '25, Rentcast reports the average rent in Stamford, CT is $3,150, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Stamford, CT is studios: $2,060, 1-bedrooms: $2,260, 2-bedrooms: $3,030, 3-bedrooms: $4,230, 4-bedrooms: $6,970. The most common rental property sizes in Stamford, CT are 2-bedroom and 1-bedroom, accounting for 44.2% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,150 |
| Studio Rent | $2,150 | $2,060 |
| 1 Bed Rent | $2,200 | $2,260 |
| 2 Bed Rent | $2,950 | $3,030 |
| 3 Bed Rent | $3,800 | $4,230 |
| 4 Bed Rent | $7,600 | $6,970 |
% of Rental Stock
Property Listings — Stamford, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Stamford, CT is 30. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $582,000 | -1.0% |
Listing Count | 115 | -3.0% |
| Listings as % of Homes | 0.3% | -3.0% |
Days on Market | 30 | -21.0% |
Demographics — Stamford, CT
As of the latest ACS Survey released in 2023, Stamford, CT has a population of 72,900, which has increased by 6.2% over the past 5 years. Stamford, CT is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 43.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 72,900 | 6.2% |
% Under 18 | 17.9% | -12.7% |
% Seniors | 14.8% | 12.1% |
% WFH | 13.8% | 263.2% |
% w/ College Degree | 43.6% | 6.1% |
As of the latest ACS Survey released in 2023, Stamford, CT is a predominantly hispanic area, with 35.3% of the population identifying as hispanic. The hispanic population has remained stable in the last 5 years. The second most common race or ethnicity in Stamford, CT is white, making up 31.9% of the population. Foreign-born residents account for 35.9% of the population in Stamford, CT, and this percentage has decreased by 10.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 31.9% | -16.7% |
% Black | 24.2% | 28.7% |
% Hispanic | 35.3% | 0.0% |
% Asian | 6.8% | -4.2% |
% Foreign Born | 35.9% | -10.7% |
Mortgage and Risk — Stamford, CT
According to HUD data as of 2023, there were 438 mortgage originations in Stamford, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Stamford, CT. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 438 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Stamford, CT
As of 2024, the percent of homes in Stamford, CT under the Section 8 program is 12.5%. 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. In Stamford, 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 | 2,364 |
Total Units Section 8 | 2,119 |
% Rentals under Section 8 | 12.5% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $2,200 | $2,110 |
| 2 Bedroom | -$420 | $2,950 | $2,530 |
| 3 Bedroom | -$720 | $3,800 | $3,080 |
| 4 Bedroom | -$4,170 | $7,600 | $3,430 |
Affordability — Stamford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $567,000 |
| Median Household Income | $92,500 |