View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Connecticut
  4. /Montville, CT - 06370

Montville, CT—06370

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$403,000
5.6% YoY Growth
Household Income
$101,000
26.5% YoY Growth
Days on Market
14
6.0% Longer YoY
Home Price Forecast
3.7%
Median Rent
$2,500
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,900
N/A
3-Bed Rent
$2,500
N/A

Other Zip Codes in Montville, CT

06382
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Montville, CT

As of May '26, the median home price in Montville, CT is $403,000, with a year-over-year change of 5.6%. This indicates that home prices in Montville, CT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$403,0005.6%
Single Family $407,0005.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$304,0005.6%
    3 Bed
    		$393,0005.4%
    4 Bed
    		$466,0005.9%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    5.9%
    2 Bedrooms
    17.7%
    3 Bedrooms
    49.3%
    4 Bedrooms
    24.3%
    5+ Bedrooms
    2.8%

    Rental Trends — Montville, CT

    Montville, CT lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$2,500$2,400
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,900$1,900
    3 Bed Rent $2,500$2,500
    4 Bed Rent $2,800$2,800
    Loading chart...

    % of Rental Stock

    1 Bedroom
    47.8%
    2 Bedrooms
    41.2%
    3 Bedrooms
    11.0%

    Property Listings — Montville, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Montville, CT is 14. This is a increase of 6.0% 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
    		$415,00029.0%
    Listing Count
    		12-48.0%
    Listings as % of Homes0.6%-48.0%
    Days on Market
    		146.0%
    Loading chart...

    Demographics — Montville, CT

    As of the latest ACS Survey released in 2023, Montville, CT has a population of 7,550, which has increased by 8.9% over the past 5 years. Montville, CT is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,5508.9%
    % Under 18
    		21.5%19.4%
    % Seniors
    		14.6%-9.3%
    % WFH
    		5.7%32.6%
    % w/ College Degree
    		31.6%44.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Montville, CT is a predominantly white area, with 85.8% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Montville, CT is black, making up 4.2% of the population. Foreign-born residents account for 4.6% of the population in Montville, CT, and this percentage has decreased by 8.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.8%0.9%
    % Black
    		4.2%250.0%
    % Hispanic
    		2.9%-47.3%
    % Asian
    		1.3%-58.1%
    % Foreign Born
    		4.6%-8.0%
    Loading chart...

    Mortgage and Risk — Montville, CT

    According to HUD data as of 2023, there were 112 mortgage originations in Montville, CT, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Montville, CT. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		112
    % Conventional Loans
    		72.0%
    % Government Loans
    		28.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		15.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Montville, CT

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

    Section 8 Market Size

    Total Units under HUD
    		5
    Total Units Section 8
    		5
    % Rentals under Section 8
    		2.6%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,140
    2 Bedroom-$490$1,900$1,410
    3 Bedroom-$670$2,500$1,830
    4 Bedroom-$430$2,800$2,370

    Affordability — Montville, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$403,000
    Median Household Income$101,000

    Montville, CT — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Palmertown, CT

    06353

    Montville, CT

    06382

    Bozrah, CT

    06334

    Salem, CT

    06420

    Waterford, CT

    06375

    Frequently Asked Questions