Sprague, CT 06330 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sprague, CT—06330

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$350,000

3.4% YoY Growth

Household Income

$92,900

36.3% YoY Growth

Days on Market

63.0% Shorter YoY

Home Price Forecast

4.2%

Median Rent

$1,700

N/A

1-Bed Rent

$1,500

N/A

2-Bed Rent

$1,700

N/A

3-Bed Rent

$1,700

N/A

Home Price Trends — Sprague, CT

As of Dec '25, the median home price in Sprague, CT is $350,000, with a year-over-year change of 3.4%. This indicates that home prices in Sprague, CT are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$350,000	3.4%
Single Family	$351,000	3.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Sprague, CT

Sprague, CT lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,790
Studio Rent	N/A	N/A
1 Bed Rent	$1,500	$1,500
2 Bed Rent	$1,700	$1,780
3 Bed Rent	$1,700	$1,700
4 Bed Rent	$1,800	$1,800

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% of Rental Stock

1 Bedroom

13.6%

2 Bedrooms

40.8%

3 Bedrooms

39.2%

5+ Bedrooms

6.4%

Property Listings — Sprague, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Sprague, CT is 24. This is a decrease of -57.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$447,000	28.0%
Listing Count	8	12.0%
Listings as % of Homes	0.7%	12.0%
Days on Market	30	-63.0%

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Demographics — Sprague, CT

As of the latest ACS Survey released in 2023, Sprague, CT has a population of 3,310, which has remained stable by 0.6% over the past 5 years. Sprague, CT is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,310	0.6%
% Under 18	21.5%	6.4%
% Seniors	16.6%	11.4%
% WFH	5.5%	48.6%
% w/ College Degree	22.9%	11.2%

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As of the latest ACS Survey released in 2023, Sprague, CT is a predominantly white area, with 73.9% of the population identifying as white. The white population has shrunk by 16.5% in the last 5 years. The second most common race or ethnicity in Sprague, CT is hispanic, making up 10.1% of the population. Foreign-born residents account for 3.6% of the population in Sprague, CT, and this percentage has increased by 44.0% 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	73.9%	-16.5%
% Black	3.6%	125.0%
% Hispanic	10.1%	152.5%
% Asian	2.8%	∞%
% Foreign Born	3.6%	44.0%

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Mortgage and Risk — Sprague, CT

According to HUD data as of 2023, there were 58 mortgage originations in Sprague, CT, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Sprague, CT. Investor activity is low, as 5.0% 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	58
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Sprague, CT

As of 2024, the percent of homes in Sprague, CT under the Section 8 program is 2.9%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Sprague, CT, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	11
Total Units Section 8	11
% Rentals under Section 8	2.9%
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$210	$1,500	$1,290
2 Bedroom	-$120	$1,700	$1,580
3 Bedroom	$350	$1,700	$2,050
4 Bedroom	$850	$1,800	$2,650

Sprague, CT—06330

Key Metrics at a Glance

Home Price Trends — Sprague, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sprague, CT

% of Rental Stock

Property Listings — Sprague, CT

Demographics — Sprague, CT

Race and Ethnicity

Mortgage and Risk — Sprague, CT

Mortgages

Rentals and Section 8 — Sprague, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Sprague, CT

Home Price to Income Ratio

Sprague, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Scotland, CT

Franklin, CT

Norwich, CT

Windham, CT

Canterbury, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$350,000
Median Household Income	$92,900

Sprague, CT—06330

Key Metrics at a Glance

Home Price Trends — Sprague, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sprague, CT

% of Rental Stock

Property Listings — Sprague, CT

Demographics — Sprague, CT

Race and Ethnicity

Mortgage and Risk — Sprague, CT

Mortgages

Rentals and Section 8 — Sprague, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Sprague, CT

Home Price to Income Ratio

Sprague, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Scotland, CT

Franklin, CT

Norwich, CT

Windham, CT

Canterbury, CT

Frequently Asked Questions

What is the average home price in Sprague, CT 06330?

How have home prices in Sprague, CT 06330 changed over the past year?

What is the home price projection for Sprague, CT 06330?

What are the demographics of Sprague, CT 06330?

How long does it take homes to sell in Sprague, CT 06330?

What is the average rent price in Sprague, CT 06330?