Stamford, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Stamford Neighborhoods Since 2000




Stamford, 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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Stamford Housing Market Information

With 128,874 people, 46,974 houses or apartments, and a median cost of homes of $430,878, Stamford house prices are not only among the most expensive in Connecticut, Stamford real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Stamford, accounting for 39.32% of the city's housing units. Other types of housing that are prevalent in Stamford include large apartment complexes or high rise apartments ( 36.35%), duplexes, homes converted to apartments or other small apartment buildings ( 17.60%), and a few row houses and other attached homes ( 6.67%).

People in Stamford primarily live in small (one, two or no bedroom) single-family detached homes. Stamford has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Stamford's housing was primarily built during this period, from the '40s through the '60s. A full 37.88% of the city's housing hails from this era. Other housing ages represented in Stamford include homes built between 1970-1999 ( 35.86%) and housing constructed before 1939 ( 14.85%). There's also some housing in Stamford built between 2000 and later ( 11.41%).

Stamford Home Appreciation Rates

Stamford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stamford during the period has been just -2.02%, which is lower than 80% of US communities.

Over the last year, Stamford appreciation rates have trailed the rest of the nation. In the last twelve months, Stamford's appreciation rate has been -1.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stamford were at -1.81%, which equates to an annual appreciation rate of -7.04%.

Notably, Stamford's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Connecticut, our data show that Stamford's latest annual appreciation rate is lower than 70% 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 Stamford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stamford - 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 Stamford real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$430,878

Stamford, CT HOME PRICES

Value Range
> $1,020,000 6.7
$765,001 - $1,020,000 8.6
$510,001 - $765,000 24.7
$408,001 - $510,000 14.0
$306,001 - $408,000 18.7
$204,001 - $306,000 17.5
$102,001 - $204,000 7.8
$51,001 - $102,000 0.8
$0 - $51,000 1.3

Very High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
8.05109574592758 11.2426035502959

Number Of Homes And Apartments:
46,974

Stamford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
36.00% 1.80% 9 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,134 / per month

Homeownership Rate

Homeownership
Owners 55.23
Renters 44.77
Vacant 8.19

Housing Market Details

 

Age of Homes

AGE OF Stamford HOMES
2000 or Newer 11.4
1970 - 1999 35.9
1940 - 1969 37.9
1939 or Older 14.8

Types of Homes

TYPE OF Stamford HOMES
Single-Family 39.3
Townhomes 6.7
Small Apt. Buildings 17.6
Apt. Complexes 36.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Stamford HOMES
No Bedroom 3.47
1 Bedroom 19.33
2 Bedrooms 29.75
3 Bedrooms 27.75
4 Bedrooms 14.29
5 or more bedrooms 5.41