Stamford CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q2 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

Stamford Housing Market Information

With 129,775 people, 49,510 houses or apartments, and a median cost of homes of $470,624, 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.

Large apartment complexes or high rise apartments are the single most common housing type in Stamford, accounting for 37.87% of the city's housing units. Other types of housing that are prevalent in Stamford include single-family detached homes ( 37.82%), duplexes, homes converted to apartments or other small apartment buildings ( 17.01%), and a few row houses and other attached homes ( 7.23%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

People in Stamford primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. 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 37.02% of the city's housing hails from this era. Other housing ages represented in Stamford include homes built between 1970-1999 ( 33.65%) and housing constructed between 2000 and later ( 14.72%). There's also some housing in Stamford built before 1939 ( 14.62%).

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 0.78%, 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 3.25%, 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 0.97%, which equates to an annual appreciation rate of 3.93%.

Relative to Connecticut, our data show that Stamford's latest annual appreciation rate is higher than 50% 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:
$470,624

Stamford, CT HOME PRICES

Value Range
> $1,072,000 8.7
$804,001 - $1,072,000 8.7
$536,001 - $804,000 25.0
$429,001 - $536,000 15.2
$322,001 - $429,000 18.6
$214,001 - $322,000 16.1
$107,001 - $214,000 5.9
$54,001 - $107,000 0.5
$0 - $54,000 1.3

Very High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
8.91094890510949 11.2426035502959

Number Of Homes And Apartments:
49,510

Stamford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
49.04% 1.97%
8
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,387 / per month

Homeownership Rate

Homeownership
Owners 52.52
Renters 47.48
Vacant 7.73

Housing Market Details

 

Age of Homes

AGE OF Stamford HOMES
2000 or Newer 14.7
1970 - 1999 33.6
1940 - 1969 37.0
1939 or Older 14.6

Types of Homes

TYPE OF Stamford HOMES
Single-Family 37.8
Townhomes 7.2
Small Apt. Buildings 17.0
Apt. Complexes 37.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Stamford HOMES
No Bedroom 4.24
1 Bedroom 19.84
2 Bedrooms 28.66
3 Bedrooms 27.64
4 Bedrooms 14.25
5 or more bedrooms 5.37