Shelton, CT Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Shelton Housing Market Information

With a population of 41,129, 16,351 total housing units (homes and apartments), and a median house value of $375,347, real estate costs in Shelton are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Connecticut communities.

Single-family detached homes are the single most common housing type in Shelton, accounting for 67.61% of the city's housing units. Other types of housing that are prevalent in Shelton include row houses and other attached homes ( 11.32%), duplexes, homes converted to apartments or other small apartment buildings ( 9.78%), and a few large apartment complexes or high rise apartments ( 9.52%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shelton. Owner-occupied housing accounts for 80.13% of Shelton's homes, and 63.53% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Shelton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Shelton built between 1940-1969 ( 30.22%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.88%). There's also some housing in Shelton built before 1939 ( 11.73%).

Shelton Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Shelton, where house values have increased just 2.03%, which is annualized rate of 0.20%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Shelton appreciation rates have trailed the rest of the nation. In the last twelve months, Shelton's appreciation rate has been 1.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Shelton were at 0.92%, which equates to an annual appreciation rate of 3.74%.

Relative to Connecticut, our data show that Shelton's latest annual appreciation rate is lower than 80% of the other cities and towns in Connecticut.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Shelton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Shelton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Shelton real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$375,347

Shelton, CT HOME PRICES

> $1,070,000
0.6%
0.6%
$803,001 - $1,070,000
1.3%
1.3%
$535,001 - $803,000
9.8%
9.8%
$428,001 - $535,000
15.9%
15.9%
$321,001 - $428,000
38.4%
38.4%
$214,001 - $321,000
22.5%
22.5%
$107,001 - $214,000
7.9%
7.9%
$54,001 - $107,000
1.4%
1.4%
$0 - $54,000
2.3%
2.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CT

Value Relative To Nation

Number Of Homes And Apartments:
16,351

Shelton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
34.48% 1.44%
3
2
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,773 / per month

Homeownership Rate

Owners
80.1%
80.1%
Renters
19.9%
19.9%
Vacant
6.1%
6.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
12.9%
12.9%
1970 - 1999
45.2%
45.2%
1940 - 1969
30.2%
30.2%
1939 or Older
11.7%
11.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
67.6%
67.6%
Townhomes
11.3%
11.3%
Small Apt. Buildings
9.8%
9.8%
Apt. Complexes
9.5%
9.5%
Mobile Homes
1.7%
1.7%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
7.0%
7.0%
2 Bedrooms
24.4%
24.4%
3 Bedrooms
41.8%
41.8%
4 Bedrooms
21.7%
21.7%
5 or more bedrooms
3.0%
3.0%
0.0% 100.0%
% OF HOMES