Vernon Rockville, CT06066

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$329,000
4.0% YoY Growth
Median Household Income
$80,800
28.9% 5-Year Growth
Days on Market
27
24.0% Longer than last year
Home Price Forecast
3.1%
Median Rent
$1,600
N/A
1-Bed Rent
$1,350
N/A
2-Bed Rent
$1,850
N/A
3-Bed Rent
$2,080
N/A

Property Listings — Vernon Rockville, CT

As of Oct '25, Realtor.com reports that the median days on market for a home in Vernon Rockville, CT is 27. This is a increase of 24.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$330,0002.0%
Listing Count
554.0%
Listings as % of Homes0.2%4.0%
Days on Market
2724.0%
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Demographics — Vernon Rockville, CT

As of the latest ACS Survey released in 2023, Vernon Rockville, CT has a population of 30,400, which has increased by 4.0% over the past 5 years. Vernon Rockville, CT is a moderately popular place for families, as children make up 16.8% of the population. The area has a moderately educated workforce, with 36.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
30,4004.0%
% Under 18
16.8%-8.2%
% Seniors
18.2%2.8%
% WFH
11.9%164.4%
% w/ College Degree
36.2%-0.5%
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As of the latest ACS Survey released in 2023, Vernon Rockville, CT is a predominantly white area, with 71.4% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Vernon Rockville, CT is hispanic, making up 12.1% of the population. Foreign-born residents account for 10.8% of the population in Vernon Rockville, CT, and this percentage has increased by 0.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
71.4%-4.9%
% Black
5.6%-13.8%
% Hispanic
12.1%33.0%
% Asian
6.6%-2.9%
% Foreign Born
10.8%0.9%
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Mortgage and Risk — Vernon Rockville, CT

According to HUD data as of 2023, there were 432 mortgage originations in Vernon Rockville, CT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Vernon Rockville, CT. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
432
% Conventional Loans
87.0%
% Government Loans
13.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Vernon Rockville, CT

As of 2024, the percent of homes in Vernon Rockville, CT under the Section 8 program is 17.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Vernon Rockville, CT, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD
1,278
Total Units Section 8
1,053
% Rentals under Section 8
17.1%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$60$1,350$1,410
2 Bedroom-$70$1,850$1,780
3 Bedroom$60$2,080$2,140
4 Bedroom$40$2,500$2,540

Affordability — Vernon Rockville, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$329,000
Median Household Income$80,800

Vernon Rockville, CT — ZIP Code Boundary Map

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Frequently Asked Questions