Bristol, Connecticut Housing Market Prices
Bristol Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 14% above the Connecticut median$320,492
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Median rent 10% below the Connecticut median$1,340
Housing Market Overview
| Metric | Bristol | Connecticut Avg | US Average |
|---|---|---|---|
| Median Home Price | $320,492 | $281,244 | $248,835 |
| Price Trend (Annual %) | 10.1% | 3.6% | 7.5% |
| Median Gross Rent | $1,340 | $1,481 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bristol is about 14% higher than in Connecticut. Rent is about 10% lower than the Connecticut average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bristol, up about 10.1% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Bristol rose about 47.9% between 2015 and 2024, from $906 to $1,340. Over the same span, rent in Connecticut rose about 36.7%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Bristol.
Buying the median-priced home in Bristol costs roughly 19.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Bristol. The price-to-rent ratio in Connecticut is about 15.8.
| Metric | Bristol | Connecticut Avg | US Average |
|---|---|---|---|
| Median Home Price | $320,492 | $281,244 | $248,835 |
| Median Household Income | $78,122 | $97,098 | $80,455 |
| Price-to-Income Ratio | 4.1 | 2.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bristol rose about 81.2%, while median household income rose about 31.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bristol | Connecticut Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.7% | 62.8% | 58.5% |
| Rental Rate | 33.1% | 30.3% | 31.2% |
| Vacancy Rate | 7.2% | 6.9% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Bristol has a homeownership rate of 59.7%, lower than the Connecticut average of 62.8%. Its housing vacancy rate is 7.2%, compared with 6.9% in Connecticut.
Housing Stock
| Metric | Bristol | Connecticut Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1964 | 1966 | 1978 |
| Median Number of Rooms | 5.3 | 5.7 | 5.5 |
The typical housing unit in Bristol was built around 1964. On average, 2.5 people live in a home with about 5.3 rooms, staying for about 14.0 years on average.
Bristol, CT Housing Compared With Nearby Cities
How Bristol, CT compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bristol, CT | 58,389 | $320,492 #1/2 | $1,340 #1/2 | 64.3% #1/2 |
| New Britain, CT | 55,019 | $255,903 | $1,245 | 40.8% |
Frequently Asked Questions
Common questions about the housing market in Bristol, Connecticut.
What is the median home price in Bristol, Connecticut?
The median home price in Bristol, Connecticut is $320,492, higher than the Connecticut average of $281,244.
What is the average home price in Bristol, Connecticut?
The typical home price in Bristol, Connecticut, reported as the median sale price, is $320,492. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bristol, Connecticut?
The median gross rent in Bristol, Connecticut is $1,340 per month, lower than the Connecticut average of $1,481.
What was the median gross rent in Bristol in 2020?
In 2020, the median gross rent in Bristol, Connecticut was $1,102 per month.
What is the price-to-rent ratio in Bristol, Connecticut?
The price-to-rent ratio in Bristol, Connecticut is about 19.9, meaning it would take roughly 19.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Bristol.
Are home prices or rent rising faster in Bristol, Connecticut?
Both home prices and rent are rising in Bristol, up about 10.1% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bristol, Connecticut?
59.7% of households in Bristol, Connecticut own their home, lower than the Connecticut average of 62.8%.
What is the vacancy rate in Bristol, Connecticut?
The housing vacancy rate in Bristol, Connecticut is 7.2%, higher than the Connecticut average of 6.9%.
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