Home Values

Connecticut Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$239,500

  • 0.2% 1-year change
  • -0.2% 1-year forecast

The median home value in Connecticut is $239,500. Connecticut home values have gone up 0.2% over the past year and Zillow predicts they will fall -0.2% within the next year. The median list price per square foot in Connecticut is $156. The median price of homes currently listed in Connecticut is $259,900 while the median price of homes that sold is $231,925. The median rent price in Connecticut is $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Connecticut 3.5 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Connecticut is 8.7%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Connecticut homeowners underwater on their mortgage is 18.6%.

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Relative ZHVI
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Connecticut Market Overview

Data through Jan 31, 2015
  • $239,500 ZHVI
  • -0.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $259,900 Median listing price
  • $231,925 Median sale price
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Connecticut Market Health

Data through Jan 31, 2015
  • 0.8/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • 140 Average days on Zillow (Dec 31, 2014)
  • 18.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 8.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes Connecticut
4 homes United States
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Cities in Connecticut

Name Median ZHVI
Stamford $458,200
Norwalk $373,500
West Hartford $295,500
Name Median ZHVI
Danbury $244,300
Bridgeport $158,400
New Haven $156,900
Name Median ZHVI
New Britain $131,600
Waterbury $103,200
Hartford $88,000

Listings & Sales

Data through Jan 31, 2015
  • $156 Median list price / sq ft
  • $147 Median sale price / sq ft
  • No data Listings with price cut
35.2%
Sold below listing
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Connecticut Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,728 Connecticut
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,400 Rent list price
  • $1.24 Rent list price / sq ft
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