Ledyard, CT06335

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$388,000
2.8% YoY Growth
Household Income
$126,000
32.3% YoY Growth
Days on Market
50
41.0% Longer YoY
Home Price Forecast
3.7%
Median Rent
$2,200
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,000
N/A
3-Bed Rent
$2,800
N/A

Other Zip Codes in Ledyard, CT

Property Listings — Ledyard, CT

As of Nov '25, Realtor.com reports that the median days on market for a home in Ledyard, CT is 50. This is a increase of 41.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$425,000-8.0%
Listing Count
22-14.0%
Listings as % of Homes0.7%-14.0%
Days on Market
5041.0%
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Demographics — Ledyard, CT

As of the latest ACS Survey released in 2023, Ledyard, CT has a population of 6,100, which has decreased by -5.1% over the past 5 years. Ledyard, CT is a popular place for families, as children make up 29.4% of the population. The area has a moderately educated workforce, with 43.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,100-5.1%
% Under 18
29.4%33.0%
% Seniors
12.4%-29.5%
% WFH
9.5%171.4%
% w/ College Degree
43.1%-8.9%
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As of the latest ACS Survey released in 2023, Ledyard, CT is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Ledyard, CT is hispanic, making up 8.1% of the population. Foreign-born residents account for 5.0% of the population in Ledyard, CT, and this percentage has increased by 92.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
75.0%-14.1%
% Black
4.4%29.4%
% Hispanic
8.1%37.3%
% Asian
3.5%94.4%
% Foreign Born
5.0%92.3%
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Mortgage and Risk — Ledyard, CT

According to HUD data as of 2023, there were 209 mortgage originations in Ledyard, CT, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Ledyard, CT. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
209
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%
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Rentals and Section 8 — Ledyard, CT

Ledyard, CT lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
1.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,930
2 Bedroom$360$2,000$2,360
3 Bedroom$260$2,800$3,060
4 Bedroom$250$3,700$3,950

Affordability — Ledyard, CT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$388,000
Median Household Income$126,000

Ledyard, CT — ZIP Code Boundary Map

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Frequently Asked Questions