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Greenwich, CT—06830

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$2,544,000
11.5% YoY Growth
Household Income
$147,000
34.4% YoY Growth
Days on Market
45
29.0% Longer YoY
Home Price Forecast
3.7%
Median Rent
$4,000
5.0% YoY Growth
1-Bed Rent
$2,900
41.4% YoY Growth
2-Bed Rent
$4,250
4.9% YoY Growth
3-Bed Rent
$5,100
24.8% YoY Growth

Other Zip Codes in Greenwich, CT

06878068310687006807
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Greenwich, CT

As of May '26, the median home price in Greenwich, CT is $2,544,000, with a year-over-year change of 11.5%. This indicates that home prices in Greenwich, 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
$2,544,00011.5%
Single Family $3,216,00012.9%
Condos $1,167,0008.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • $660,000
    6.1%
    2 Bed
    		$1,024,0008.5%
    3 Bed
    		$1,660,00011.9%
    4 Bed
    		$3,060,00013.8%
    5 Bed $5,523,84615.9%
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    % of Housing Stock

    Studio
    3.4%
    1 Bedroom
    12.8%
    2 Bedrooms
    25.1%
    3 Bedrooms
    24.3%
    4 Bedrooms
    15.1%
    5+ Bedrooms
    19.3%

    Rental Trends — Greenwich, CT

    As of July '25, Rentcast reports the average rent in Greenwich, CT is $4,570, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Greenwich, CT is studios: $3,650, 1-bedrooms: $3,450, 2-bedrooms: $4,740, 3-bedrooms: $5,440, 4-bedrooms: $5,760. The most common rental property sizes in Greenwich, CT are 2-bedroom and 3-bedroom, accounting for 34.8% and 24.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$4,000$4,570
    Studio Rent $3,300$3,650
    1 Bed Rent $2,900$3,450
    2 Bed Rent $4,250$4,740
    3 Bed Rent $5,100$5,440
    4 Bed Rent $5,500$5,760
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    % of Rental Stock

    Studio
    8.1%
    1 Bedroom
    21.6%
    2 Bedrooms
    34.8%
    3 Bedrooms
    24.9%
    4 Bedrooms
    6.8%
    5+ Bedrooms
    3.7%

    Property Listings — Greenwich, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Greenwich, CT is 45. This is a increase of 29.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$3,060,000-6.0%
    Listing Count
    		67-25.0%
    Listings as % of Homes0.9%-25.0%
    Days on Market
    		4529.0%
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    Demographics — Greenwich, CT

    As of the latest ACS Survey released in 2023, Greenwich, CT has a population of 24,900, which has decreased by -1.3% over the past 5 years. Greenwich, CT is a moderately popular place for families, as children make up 22.6% of the population. The area has a highly educated workforce, with 69.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		24,900-1.3%
    % Under 18
    		22.6%-3.8%
    % Seniors
    		19.3%15.6%
    % WFH
    		19.6%148.1%
    % w/ College Degree
    		69.0%15.8%
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    As of the latest ACS Survey released in 2023, Greenwich, CT is a predominantly white area, with 63.8% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Greenwich, CT is hispanic, making up 18.3% of the population. Foreign-born residents account for 24.0% of the population in Greenwich, CT, and this percentage has decreased by 13.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		63.8%-3.2%
    % Black
    		6.4%25.5%
    % Hispanic
    		18.3%-10.7%
    % Asian
    		5.9%-15.7%
    % Foreign Born
    		24.0%-13.4%
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    Mortgage and Risk — Greenwich, CT

    According to HUD data as of 2023, there were 230 mortgage originations in Greenwich, CT, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Greenwich, CT. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		230
    % Conventional Loans
    		97.0%
    % Government Loans
    		3.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		4.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Greenwich, CT

    As of 2024, the percent of homes in Greenwich, CT under the Section 8 program is 8.5%. 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 Greenwich, 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
    		689
    Total Units Section 8
    		369
    % Rentals under Section 8
    		8.5%
    % Occupied Section 8
    		96.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$550$2,900$2,350
    2 Bedroom-$1,430$4,250$2,820
    3 Bedroom-$1,670$5,100$3,430
    4 Bedroom-$1,670$5,500$3,830

    Affordability — Greenwich, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio13.9
    Median Home Price$2,544,000
    Median Household Income$147,000

    Greenwich, CT — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions