Stamford, CT—06905
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 $707,000, with a year-over-year change of 4.2%. This indicates that home prices in Stamford, CT are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $707,000 | 4.2% |
| Single Family | $803,000 | 4.2% |
| Condos | $382,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $269,000 | 1.9% |
2 Bed | $480,000 | 3.4% |
3 Bed | $760,000 | 4.3% |
4 Bed | $923,000 | 4.3% |
| 5 Bed | $1,202,000 | 5.1% |
% of Housing Stock
Rental Trends — Stamford, CT
As of July '25, Rentcast reports the average rent in Stamford, CT is $3,250, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Stamford, CT is studios: $1,850, 1-bedrooms: $2,360, 2-bedrooms: $2,990, 3-bedrooms: $5,010, 4-bedrooms: $5,000. The most common rental property sizes in Stamford, CT are 1-bedroom and 2-bedroom, accounting for 44.3% and 37.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,250 |
| Studio Rent | $1,840 | $1,850 |
| 1 Bed Rent | $2,400 | $2,360 |
| 2 Bed Rent | $2,900 | $2,990 |
| 3 Bed Rent | $5,000 | $5,010 |
| 4 Bed Rent | $4,500 | $5,000 |
% 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 51. This is a increase of 40.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $653,000 | -4.0% |
Listing Count | 48 | -6.0% |
| Listings as % of Homes | 0.5% | -6.0% |
Days on Market | 51 | 40.0% |
Demographics — Stamford, CT
As of the latest ACS Survey released in 2023, Stamford, CT has a population of 20,100, which has decreased by -1.8% over the past 5 years. Stamford, CT is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 62.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,100 | -1.8% |
% Under 18 | 18.7% | -7.4% |
% Seniors | 19.3% | 14.9% |
% WFH | 17.8% | 345.0% |
% w/ College Degree | 62.1% | 10.1% |
As of the latest ACS Survey released in 2023, Stamford, CT is a predominantly white area, with 58.3% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Stamford, CT is hispanic, making up 16.8% of the population. Foreign-born residents account for 27.4% of the population in Stamford, CT, and this percentage has decreased by 5.2% 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 | 58.3% | -8.6% |
% Black | 14.0% | 125.8% |
% Hispanic | 16.8% | 10.5% |
% Asian | 7.2% | -41.5% |
% Foreign Born | 27.4% | -5.2% |
Mortgage and Risk — Stamford, CT
According to HUD data as of 2023, there were 286 mortgage originations in Stamford, CT, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Stamford, CT. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 286 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Stamford, CT
As of 2024, the percent of homes in Stamford, CT under the Section 8 program is 8.8%. 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 | 297 |
Total Units Section 8 | 297 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 93.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $2,400 | $2,350 |
| 2 Bedroom | -$70 | $2,900 | $2,830 |
| 3 Bedroom | -$1,560 | $5,000 | $3,440 |
| 4 Bedroom | -$660 | $4,500 | $3,840 |
Affordability — Stamford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $707,000 |
| Median Household Income | $133,000 |