Newington, CT—06111
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newington, CT
As of Oct '25, the median home price in Newington, CT is $360,000, with a year-over-year change of 3.7%. This indicates that home prices in Newington, CT are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $360,000 | 3.7% |
| Single Family | $376,000 | 3.6% |
| Condos | $273,000 | 5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $174,000 | 4.8% |
2 Bed | $291,000 | 5.8% |
3 Bed | $373,000 | 3.6% |
4 Bed | $448,000 | 4.7% |
| 5 Bed | $474,000 | 4.9% |
% of Housing Stock
Rental Trends — Newington, CT
As of July '25, Rentcast reports the average rent in Newington, CT is $2,120, with a year-over-year rent change of -7.8%. Per bedroom, the median rent as of July '25 in Newington, CT is studios: $1,730, 1-bedrooms: $1,670, 2-bedrooms: $2,040, 3-bedrooms: $2,890, 4-bedrooms: $3,000. The most common rental property sizes in Newington, CT are 2-bedroom and 1-bedroom, accounting for 54.0% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,120 |
| Studio Rent | $1,520 | $1,730 |
| 1 Bed Rent | $1,600 | $1,670 |
| 2 Bed Rent | $1,850 | $2,040 |
| 3 Bed Rent | $2,800 | $2,890 |
| 4 Bed Rent | $2,790 | $3,000 |
% of Rental Stock
Property Listings — Newington, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Newington, CT is 23. This is a decrease of -5.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $356,000 | 4.0% |
Listing Count | 71 | -13.0% |
| Listings as % of Homes | 0.3% | -13.0% |
Days on Market | 23 | -5.0% |
Demographics — Newington, CT
As of the latest ACS Survey released in 2023, Newington, CT has a population of 30,600, which has remained stable by 0.8% over the past 5 years. Newington, CT is a moderately popular place for families, as children make up 17.1% of the population. The area has a moderately educated workforce, with 40.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,600 | 0.8% |
% Under 18 | 17.1% | -7.1% |
% Seniors | 21.2% | -0.5% |
% WFH | 13.0% | 225.0% |
% w/ College Degree | 40.4% | 1.0% |
As of the latest ACS Survey released in 2023, Newington, CT is a predominantly white area, with 72.2% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Newington, CT is hispanic, making up 11.6% of the population. Foreign-born residents account for 20.0% of the population in Newington, CT, and this percentage has increased by 10.5% 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 | 72.2% | -5.9% |
% Black | 4.4% | -18.5% |
% Hispanic | 11.6% | 22.1% |
% Asian | 7.0% | 25.0% |
% Foreign Born | 20.0% | 10.5% |
Mortgage and Risk — Newington, CT
According to HUD data as of 2023, there were 678 mortgage originations in Newington, CT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Newington, CT. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 678 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Newington, CT
As of 2024, the percent of homes in Newington, CT under the Section 8 program is 6.9%. 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 Newington, 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 | 229 |
Total Units Section 8 | 197 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 95.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$200 | $1,600 | $1,400 |
| 2 Bedroom | -$80 | $1,850 | $1,770 |
| 3 Bedroom | -$670 | $2,800 | $2,130 |
| 4 Bedroom | -$260 | $2,790 | $2,530 |
Affordability — Newington, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $360,000 |
| Median Household Income | $98,600 |