View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Connecticut
  4. /Cornwall, CT - 06796

Cornwall, CT—06796

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$723,000
2.9% YoY Growth
Household Income
$107,000
17.6% YoY Growth
Days on Market
20
65.0% Shorter YoY
Home Price Forecast
3.6%
Median Rent
$2,700
N/A
1-Bed Rent
$2,700
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Cornwall, CT

As of May '26, the median home price in Cornwall, CT is $723,000, with a year-over-year change of 2.9%. This indicates that home prices in Cornwall, CT are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$723,0002.9%
Single Family $724,0002.8%
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
    		N/AN/A
    3 Bed
    		$708,0002.6%
    4 Bed
    		$1,042,0000.2%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    8.2%
    2 Bedrooms
    10.1%
    3 Bedrooms
    49.7%
    4 Bedrooms
    12.8%
    5+ Bedrooms
    19.1%

    Rental Trends — Cornwall, CT

    Cornwall, CT lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$2,700$2,700
    Studio Rent N/AN/A
    1 Bed Rent $2,700$2,700
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    10.3%
    2 Bedrooms
    15.4%
    3 Bedrooms
    51.3%
    4 Bedrooms
    23.1%

    Property Listings — Cornwall, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Cornwall, CT is 20. This is a decrease of -65.0% 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
    		$892,00088.0%
    Listing Count
    		78.0%
    Listings as % of Homes0.8%8.0%
    Days on Market
    		20-65.0%
    Loading chart...

    Demographics — Cornwall, CT

    As of the latest ACS Survey released in 2023, Cornwall, CT has a population of 843, which has decreased by -9.5% over the past 5 years. Cornwall, CT is a less popular place for families, as children make up 11.0% of the population. The area has a highly educated workforce, with 54.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		843-9.5%
    % Under 18
    		11.0%-21.4%
    % Seniors
    		34.8%-25.5%
    % WFH
    		21.5%66.7%
    % w/ College Degree
    		54.6%-5.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Cornwall, CT is a predominantly white area, with 94.3% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Cornwall, CT is hispanic, making up 1.5% of the population. Foreign-born residents account for 4.7% of the population in Cornwall, CT, and this percentage has decreased by 25.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		94.3%-0.9%
    % Black
    		1.1%266.7%
    % Hispanic
    		1.5%-44.4%
    % Asian
    		0.8%-55.6%
    % Foreign Born
    		4.7%-25.4%
    Loading chart...

    Mortgage and Risk — Cornwall, CT

    According to HUD data as of 2023, there were 24 mortgage originations in Cornwall, CT, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Cornwall, CT. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		24
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		21.0%
    % Cash Out Refinance
    		17.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Cornwall, CT

    Cornwall, 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$1,090$2,700$1,610
    2 BedroomN/AN/A$1,990
    3 BedroomN/AN/A$2,490
    4 BedroomN/AN/A$2,840

    Affordability — Cornwall, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.9
    Median Home Price$723,000
    Median Household Income$107,000

    Cornwall, CT — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Canaan, CT

    06031

    Goshen, CT

    06756

    Warren, CT

    06754

    Sharon, CT

    06069

    Salisbury, CT

    06039

    Frequently Asked Questions