Wethersfield, CT—06109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wethersfield, CT
As of Nov '25, the median home price in Wethersfield, CT is $409,000, with a year-over-year change of 3.7%. This indicates that home prices in Wethersfield, CT are increasing. According to Zillow, the 1-year price projection is 4.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $409,000 | 3.7% |
| Single Family | $423,000 | 4.4% |
| Condos | $273,000 | 6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $144,000 | 5.9% |
2 Bed | $319,000 | 6.0% |
3 Bed | $405,000 | 4.7% |
4 Bed | $536,000 | 4.7% |
| 5 Bed | $585,401 | 4.8% |
% of Housing Stock
Rental Trends — Wethersfield, CT
As of July '25, Rentcast reports the average rent in Wethersfield, CT is $1,920, with a year-over-year rent change of -36.0%. Per bedroom, the median rent as of July '25 in Wethersfield, CT is studios: $1,400, 1-bedrooms: $1,630, 2-bedrooms: $1,950, 3-bedrooms: $3,060. The most common rental property sizes in Wethersfield, CT are 2-bedroom and 1-bedroom, accounting for 40.2% and 40.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,920 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,700 | $1,630 |
| 2 Bed Rent | $1,950 | $1,950 |
| 3 Bed Rent | $2,700 | $3,060 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wethersfield, CT
As of Nov '25, Realtor.com reports that the median days on market for a home in Wethersfield, CT is 31. This is a decrease of -29.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $439,000 | 8.0% |
Listing Count | 76 | 13.0% |
| Listings as % of Homes | 0.5% | 13.0% |
Days on Market | 31 | -29.0% |
Demographics — Wethersfield, CT
As of the latest ACS Survey released in 2023, Wethersfield, CT has a population of 27,200, which has increased by 3.5% over the past 5 years. Wethersfield, CT is a moderately popular place for families, as children make up 20.4% of the population. The area has a highly educated workforce, with 54.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,200 | 3.5% |
% Under 18 | 20.4% | 6.2% |
% Seniors | 21.6% | 6.9% |
% WFH | 16.5% | 251.1% |
% w/ College Degree | 54.5% | 27.0% |
As of the latest ACS Survey released in 2023, Wethersfield, CT is a predominantly white area, with 77.8% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Wethersfield, CT is hispanic, making up 12.6% of the population. Foreign-born residents account for 15.1% of the population in Wethersfield, CT, and this percentage has decreased by 6.2% 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 | 77.8% | -2.9% |
% Black | 3.2% | -28.9% |
% Hispanic | 12.6% | 34.0% |
% Asian | 4.9% | 14.0% |
% Foreign Born | 15.1% | -6.2% |
Mortgage and Risk — Wethersfield, CT
According to HUD data as of 2023, there were 490 mortgage originations in Wethersfield, CT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Wethersfield, CT. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 490 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — Wethersfield, CT
Wethersfield, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 642 |
Total Units Section 8 | 594 |
% Rentals under Section 8 | 29.5% |
% Occupied Section 8 | 97.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$470 | $1,700 | $1,230 |
| 2 Bedroom | -$390 | $1,950 | $1,560 |
| 3 Bedroom | -$820 | $2,700 | $1,880 |
| 4 Bedroom | N/A | N/A | $2,230 |
Affordability — Wethersfield, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $409,000 |
| Median Household Income | $119,000 |