Sharon, CT—06069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sharon, CT
As of Oct '25, the median home price in Sharon, CT is $694,000, with a year-over-year change of 10.7%. This indicates that home prices in Sharon, CT are increasing. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $694,000 | 10.7% |
| Single Family | $703,000 | 11.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $459,000 | 11.7% |
3 Bed | $675,000 | 11.2% |
4 Bed | $1,019,000 | 13.7% |
| 5 Bed | $1,856,000 | 14.3% |
% of Housing Stock
Rental Trends — Sharon, CT
As of July '25, Rentcast reports the average rent in Sharon, CT is $4,960, with a year-over-year rent change of 80.4%. Per bedroom, the median rent as of July '25 in Sharon, CT is 2-bedrooms: $3,500, 3-bedrooms: $5,200, 4-bedrooms: $4,880. The most common rental property sizes in Sharon, CT are 2-bedroom and 3-bedroom, accounting for 45.5% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,800 | $3,500 |
| 3 Bed Rent | $4,500 | $5,200 |
| 4 Bed Rent | $4,250 | $4,880 |
% of Rental Stock
Property Listings — Sharon, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Sharon, CT is 79. This is a decrease of -13.0% 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 | $1,360,000 | 14.0% |
Listing Count | 29 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 79 | -13.0% |
Demographics — Sharon, CT
As of the latest ACS Survey released in 2023, Sharon, CT has a population of 2,560, which has increased by 6.3% over the past 5 years. Sharon, CT is a less popular place for families, as children make up 5.7% of the population. The area has a highly educated workforce, with 60.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,560 | 6.3% |
% Under 18 | 5.7% | -59.0% |
% Seniors | 40.7% | 41.3% |
% WFH | 16.2% | 20.0% |
% w/ College Degree | 60.3% | 51.5% |
As of the latest ACS Survey released in 2023, Sharon, CT is a predominantly white area, with 80.1% of the population identifying as white. The white population has shrunk by 11.8% in the last 5 years. The second most common race or ethnicity in Sharon, CT is asian, making up 5.3% of the population. Foreign-born residents account for 17.8% of the population in Sharon, CT, and this percentage has increased by 223.6% 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 | 80.1% | -11.8% |
% Black | 0.2% | -83.3% |
% Hispanic | 1.3% | -55.2% |
% Asian | 5.3% | 307.7% |
% Foreign Born | 17.8% | 223.6% |
Mortgage and Risk — Sharon, CT
According to HUD data as of 2023, there were 53 mortgage originations in Sharon, CT, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Sharon, CT. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 30.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Sharon, CT
Sharon, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,820 |
| 2 Bedroom | -$550 | $2,800 | $2,250 |
| 3 Bedroom | -$1,690 | $4,500 | $2,810 |
| 4 Bedroom | -$1,040 | $4,250 | $3,210 |
Affordability — Sharon, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $694,000 |
| Median Household Income | $107,000 |