Western Connecticut Planning Region, Connecticut Housing Market Prices
Western Connecticut Planning Region 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 141% above the Connecticut median Most expensive county in Connecticut$678,908
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Median rent 42% above the Connecticut median Most expensive county in Connecticut$2,108
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Western Connecticut Planning Region | Connecticut Avg | US Average |
|---|---|---|---|
| Median Home Price | $678,908 | $281,244 | $248,835 |
| Price Trend (Annual %) | 3.7% | 3.6% | 7.5% |
| Median Gross Rent | $2,108 | $1,481 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Western Connecticut Planning Region is about 141% higher than in Connecticut. Rent is about 42% higher 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 Western Connecticut Planning Region, up about 3.7% and 4.1% a year respectively. Rent is changing faster.
Median rent in Western Connecticut Planning Region rose about 43.0% between 2015 and 2024, from $1,474 to $2,108. Over the same span, rent in Connecticut rose about 36.7%.
Affordability
On average, housing unit costs 5.1 yearly household incomes in Western Connecticut Planning Region.
Buying the median-priced home in Western Connecticut Planning Region costs roughly 26.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Western Connecticut Planning Region. The price-to-rent ratio in Connecticut is about 15.8.
| Metric | Western Connecticut Planning Region | Connecticut Avg | US Average |
|---|---|---|---|
| Median Home Price | $678,908 | $281,244 | $248,835 |
| Median Household Income | $132,153 | $97,098 | $80,455 |
| Price-to-Income Ratio | 5.1 | 2.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Western Connecticut Planning Region rose about 11.4%, while median household income rose about 40.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Western Connecticut Planning Region | Connecticut Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.0% | 62.8% | 58.5% |
| Rental Rate | 28.6% | 30.3% | 31.2% |
| Vacancy Rate | 6.4% | 6.9% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Western Connecticut Planning Region has a homeownership rate of 65.0%, higher than the Connecticut average of 62.8%. Its housing vacancy rate is 6.4%, compared with 6.9% in Connecticut.
Housing Stock
| Metric | Western Connecticut Planning Region | Connecticut Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1969 | 1966 | 1978 |
| Median Number of Rooms | 6.2 | 5.7 | 5.5 |
The typical housing unit in Western Connecticut Planning Region was built around 1969. On average, 2.7 people live in a home with about 6.2 rooms, staying for about 16.0 years on average.
Western Connecticut Planning Region, CT Housing Compared With Nearby Counties
Western Connecticut Planning Region, CT is the 3rd largest of the 6 counties compared here, 563,812 residents against a local median of 439,566. The measure that sets Western Connecticut Planning Region, CT apart most is median home price: $678,908, 75% above the local median of $388,234.
Median rent tells the same story from another angle: $2,108 against a local median of $1,774, 19% above it. The counties themselves spread $360,758 on median home price, so Western Connecticut Planning Region, CT sits at one end of an already wide local range rather than apart from it. Western Connecticut Planning Region, CT has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Western Connecticut Planning Region, CT | 563,812 | $678,908 #1/6 | $2,108 #2/6 | 69.4% #3/6 |
| Greater Bridgeport Planning Region, CT | 308,890 | $283,536 | $1,535 | 65.7% |
| Westchester County, NY | 998,212 | $482,100 | $1,950 | 61.8% |
| Putnam County, NY | 98,107 | $388,234 | $1,774 | 83.8% |
| Naugatuck Valley Planning Region, CT | 439,566 | $244,999 | $1,327 | 68.3% |
| Nassau County, NY | 1,389,398 | $605,757 | $2,252 | 82.0% |
Frequently Asked Questions
Common questions about the housing market in Western Connecticut Planning Region, Connecticut.
What is the median home price in Western Connecticut Planning Region, Connecticut?
The median home price in Western Connecticut Planning Region, Connecticut is $678,908, higher than the Connecticut average of $281,244.
What is the average home price in Western Connecticut Planning Region, Connecticut?
The typical home price in Western Connecticut Planning Region, Connecticut, reported as the median sale price, is $678,908. 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 Western Connecticut Planning Region, Connecticut?
The median gross rent in Western Connecticut Planning Region, Connecticut is $2,108 per month, higher than the Connecticut average of $1,481.
What was the median gross rent in Western Connecticut Planning Region in 2020?
In 2020, the median gross rent in Western Connecticut Planning Region, Connecticut was $1,735 per month.
What is the price-to-rent ratio in Western Connecticut Planning Region, Connecticut?
The price-to-rent ratio in Western Connecticut Planning Region, Connecticut is about 26.8, meaning it would take roughly 26.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Western Connecticut Planning Region.
Are home prices or rent rising faster in Western Connecticut Planning Region, Connecticut?
Both home prices and rent are rising in Western Connecticut Planning Region, up about 3.7% and 4.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Western Connecticut Planning Region, Connecticut?
65.0% of households in Western Connecticut Planning Region, Connecticut own their home, higher than the Connecticut average of 62.8%.
What is the vacancy rate in Western Connecticut Planning Region, Connecticut?
The housing vacancy rate in Western Connecticut Planning Region, Connecticut is 6.4%, lower than the Connecticut average of 6.9%.
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