Bethany, CT—06524
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bethany, CT
As of Oct '25, the median home price in Bethany, CT is $543,000, with a year-over-year change of 8.5%. This indicates that home prices in Bethany, CT are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $543,000 | 8.5% |
| Single Family | $543,000 | 8.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $399,000 | 6.4% |
3 Bed | $508,000 | 8.3% |
4 Bed | $646,000 | 8.0% |
| 5 Bed | $658,000 | 10.0% |
% of Housing Stock
Rental Trends — Bethany, CT
Bethany, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | $3,950 | $4,320 |
% of Rental Stock
Property Listings — Bethany, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Bethany, CT is 45. This is a increase of 25.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $599,000 | -8.0% |
Listing Count | 21 | 52.0% |
| Listings as % of Homes | 0.7% | 52.0% |
Days on Market | 45 | 25.0% |
Demographics — Bethany, CT
As of the latest ACS Survey released in 2023, Bethany, CT has a population of 5,280, which has decreased by -4.1% over the past 5 years. Bethany, CT is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 58.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,280 | -4.1% |
% Under 18 | 20.1% | -1.5% |
% Seniors | 18.4% | 7.6% |
% WFH | 8.8% | 33.3% |
% w/ College Degree | 58.9% | 32.4% |
As of the latest ACS Survey released in 2023, Bethany, CT is a predominantly white area, with 90.4% of the population identifying as white. The white population has grown by 11.2% in the last 5 years. The second most common race or ethnicity in Bethany, CT is black, making up 3.6% of the population. Foreign-born residents account for 8.4% of the population in Bethany, CT, and this percentage has decreased by 26.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.4% | 11.2% |
% Black | 3.6% | 200.0% |
% Hispanic | 1.7% | -73.8% |
% Asian | 1.8% | -75.7% |
% Foreign Born | 8.4% | -26.3% |
Mortgage and Risk — Bethany, CT
According to HUD data as of 2023, there were 109 mortgage originations in Bethany, CT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Bethany, CT. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Bethany, CT
Bethany, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,500 | $1,750 |
| 2 Bedroom | N/A | N/A | $2,140 |
| 3 Bedroom | -$340 | $3,000 | $2,660 |
| 4 Bedroom | -$950 | $3,950 | $3,000 |
Affordability — Bethany, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $543,000 |
| Median Household Income | $154,000 |