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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Stafford, CT Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Stafford, CT Housing Market Trends

With 11,449 people, 4,693 houses or apartments, and a median cost of homes of $326,784, Stafford real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Stafford homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Stafford, accounting for 73.35% of the town's housing units. Other types of housing that are prevalent in Stafford include duplexes, homes converted to apartments or other small apartment buildings ( 12.07%), large apartment complexes or high rise apartments ( 10.40%), and a few row houses and other attached homes ( 3.16%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stafford. Owner-occupied housing accounts for 76.30% of Stafford's homes, and 59.77% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stafford 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 Stafford built before 1939 ( 28.56%). A lesser amount of the housing stock also hails from between 1940-1969 ( 28.14%). There's also some housing in Stafford built between 2000 and later ( 7.54%).

Stafford Home Appreciation Rates

Stafford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stafford during the period has been just 4.99%, which is lower than 70% of US communities.

Appreciation rates are so strong in Stafford that despite a nationwide downturn in the housing market, Stafford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stafford appreciation rates continue to be some of the highest in America, at 7.81%, which is higher than appreciation rates in 83.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stafford. Stafford appreciation rates in the latest quarter were at 0.29%, which equates to an annual appreciation rate of 1.17%.

Relative to Connecticut, our data show that Stafford's latest annual appreciation rate is lower than 70% of the other cities and towns in Connecticut.

Average Home Values

Median Home Value

$326,784

Stafford, CT Home Prices
> $1,326,000
$995,001 - $1,326,000
$663,001 - $995,000
$530,001 - $663,000
$398,001 - $530,000
$265,001 - $398,000
$133,001 - $265,000
$66,001 - $133,000
$0 - $66,000
1.9%
1.9%
1.9%
1.9%
1.0%
1.0%
6.0%
6.0%
13.4%
13.4%
42.2%
42.2%
28.3%
28.3%
4.2%
4.2%
1.1%
1.1%
0% 100.0%
% of Homes
Very Low

for Connecticut

High

for nation

Number of Homes And Apartments:

4,693

Stafford Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,768 / per month

Homeownership Rate

Owners
Renters
76.3%
76.3%
23.7%
23.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.7%
6.7%
93.3%
93.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.5%
7.5%
35.8%
35.8%
28.1%
28.1%
28.6%
28.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.3%
73.3%
3.2%
3.2%
12.1%
12.1%
10.4%
10.4%
1.0%
1.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
11.9%
11.9%
23.7%
23.7%
45.1%
45.1%
14.7%
14.7%
3.8%
3.8%
0% 100.0%
% of Homes