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  1. Home
  2. /Browse ZIP Codes
  3. /Connecticut
  4. /Westbrook, CT - 06498

Westbrook, CT—06498

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$589,000
5.2% YoY Growth
Household Income
$76,200
14.4% YoY Growth
Days on Market
36
16.0% Shorter YoY
Home Price Forecast
3.8%
Median Rent
$2,400
142.6% YoY Growth
1-Bed Rent
$1,900
80.0% YoY Growth
2-Bed Rent
$1,800
N/A
3-Bed Rent
$3,000
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Westbrook, CT

As of May '26, the median home price in Westbrook, CT is $589,000, with a year-over-year change of 5.2%. This indicates that home prices in Westbrook, CT are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$589,0005.2%
Single Family $601,0004.7%
Condos $494,0008.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $405,000
    4.9%
    2 Bed
    		$470,0004.7%
    3 Bed
    		$593,0004.8%
    4 Bed
    		$741,0004.5%
    5 Bed $963,5677.2%
    Loading chart...

    % of Housing Stock

    Studio
    3.4%
    1 Bedroom
    10.1%
    2 Bedrooms
    28.3%
    3 Bedrooms
    34.4%
    4 Bedrooms
    21.7%
    5+ Bedrooms
    2.1%

    Rental Trends — Westbrook, CT

    As of July '25, Rentcast reports the average rent in Westbrook, CT is $2,790, with a year-over-year rent change of 142.6%. Per bedroom, the median rent as of July '25 in Westbrook, CT is 1-bedrooms: $2,070, 2-bedrooms: $1,860, 3-bedrooms: $3,090, 4-bedrooms: $4,580. The most common rental property sizes in Westbrook, CT are 1-bedroom and 2-bedroom, accounting for 36.5% and 34.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,400$2,790
    Studio Rent N/AN/A
    1 Bed Rent $1,900$2,070
    2 Bed Rent $1,800$1,860
    3 Bed Rent $3,000$3,090
    4 Bed Rent $4,580$4,580
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    % of Rental Stock

    Studio
    11.2%
    1 Bedroom
    36.5%
    2 Bedrooms
    34.5%
    3 Bedrooms
    9.5%
    4 Bedrooms
    8.3%

    Property Listings — Westbrook, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Westbrook, CT is 36. This is a decrease of -16.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$700,000-20.0%
    Listing Count
    		25-39.0%
    Listings as % of Homes0.4%-39.0%
    Days on Market
    		36-16.0%
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    Demographics — Westbrook, CT

    As of the latest ACS Survey released in 2023, Westbrook, CT has a population of 6,830, which has decreased by -1.3% over the past 5 years. Westbrook, CT is a less popular place for families, as children make up 10.7% of the population. The area has a highly educated workforce, with 45.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,830-1.3%
    % Under 18
    		10.7%10.3%
    % Seniors
    		35.9%43.6%
    % WFH
    		16.3%83.1%
    % w/ College Degree
    		45.4%-0.2%
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    As of the latest ACS Survey released in 2023, Westbrook, CT is a predominantly white area, with 76.5% of the population identifying as white. The white population has shrunk by 18.1% in the last 5 years. The second most common race or ethnicity in Westbrook, CT is hispanic, making up 13.7% of the population. Foreign-born residents account for 13.5% of the population in Westbrook, CT, and this percentage has increased by 107.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		76.5%-18.1%
    % Black
    		1.1%37.5%
    % Hispanic
    		13.7%356.7%
    % Asian
    		1.7%1,600.0%
    % Foreign Born
    		13.5%107.7%
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    Mortgage and Risk — Westbrook, CT

    According to HUD data as of 2023, there were 145 mortgage originations in Westbrook, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Westbrook, CT. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		145
    % Conventional Loans
    		92.0%
    % Government Loans
    		8.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		9.0%
    % Cash Out Refinance
    		11.0%
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    Rentals and Section 8 — Westbrook, CT

    As of 2024, the percent of homes in Westbrook, CT under the Section 8 program is 0.6%. 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 Westbrook, 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
    		5
    Total Units Section 8
    		5
    % Rentals under Section 8
    		0.6%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$660$1,900$1,240
    2 Bedroom-$190$1,800$1,610
    3 Bedroom-$900$3,000$2,100
    4 Bedroom-$1,880$4,580$2,700

    Affordability — Westbrook, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.5
    Median Home Price$589,000
    Median Household Income$76,200

    Westbrook, CT — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    06442

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    Essex, CT

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    Old Saybrook, CT

    06475

    Frequently Asked Questions