Stamford, CT—06906
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 $594,000, with a year-over-year change of 3.5%. This indicates that home prices in Stamford, CT are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $594,000 | 3.5% |
| Single Family | $692,000 | 3.3% |
| Condos | $441,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $290,000 | 0.0% |
2 Bed | $483,000 | 3.4% |
3 Bed | $670,000 | 3.4% |
4 Bed | $781,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Stamford, CT
As of July '25, Rentcast reports the average rent in Stamford, CT is $3,020, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Stamford, CT is studios: $1,750, 1-bedrooms: $2,090, 2-bedrooms: $2,940, 3-bedrooms: $4,140, 4-bedrooms: $5,850. The most common rental property sizes in Stamford, CT are 1-bedroom and 3-bedroom, accounting for 33.2% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $3,020 |
| Studio Rent | $1,550 | $1,750 |
| 1 Bed Rent | $1,900 | $2,090 |
| 2 Bed Rent | $2,800 | $2,940 |
| 3 Bed Rent | $4,300 | $4,140 |
| 4 Bed Rent | $5,200 | $5,850 |
% 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 26. This is a decrease of -8.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $675,000 | 20.0% |
Listing Count | 21 | -27.0% |
| Listings as % of Homes | 0.5% | -27.0% |
Days on Market | 26 | -8.0% |
Demographics — Stamford, CT
As of the latest ACS Survey released in 2023, Stamford, CT has a population of 9,470, which has increased by 3.7% over the past 5 years. Stamford, CT is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,470 | 3.7% |
% Under 18 | 23.1% | -10.5% |
% Seniors | 14.9% | 24.2% |
% WFH | 10.0% | 426.3% |
% w/ College Degree | 47.1% | -3.5% |
As of the latest ACS Survey released in 2023, Stamford, CT is a predominantly white area, with 42.9% of the population identifying as white. The white population has shrunk by 25.5% in the last 5 years. The second most common race or ethnicity in Stamford, CT is hispanic, making up 40.7% of the population. Foreign-born residents account for 39.9% of the population in Stamford, CT, and this percentage has increased by 45.1% 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 | 42.9% | -25.5% |
% Black | 9.7% | 6.6% |
% Hispanic | 40.7% | 73.9% |
% Asian | 5.2% | -42.2% |
% Foreign Born | 39.9% | 45.1% |
Mortgage and Risk — Stamford, CT
According to HUD data as of 2023, there were 156 mortgage originations in Stamford, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Stamford, CT. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 156 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Stamford, CT
As of 2024, the percent of homes in Stamford, CT under the Section 8 program is 6.5%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Stamford, 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 | 105 |
Total Units Section 8 | 105 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,900 | $2,210 |
| 2 Bedroom | -$150 | $2,800 | $2,650 |
| 3 Bedroom | -$1,070 | $4,300 | $3,230 |
| 4 Bedroom | -$1,600 | $5,200 | $3,600 |
Affordability — Stamford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $594,000 |
| Median Household Income | $91,700 |