menu
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.



Stamford, 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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Stamford, CT Housing Market Trends

With 136,188 people, 52,577 houses or apartments, and a median cost of homes of $682,678, 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 40.63% of the city's housing units. Other types of housing that are prevalent in Stamford include single-family detached homes ( 35.71%), duplexes, homes converted to apartments or other small apartment buildings ( 16.36%), and a few row houses and other attached homes ( 7.22%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

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 35.36% of the city's housing hails from this era. Other housing ages represented in Stamford include homes built between 1970-1999 ( 31.48%) and housing constructed between 2000 and later ( 18.34%). There's also some housing in Stamford built before 1939 ( 14.81%).

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 4.02%, which is lower than 80% of US communities.

Appreciation rates are so strong in Stamford that despite a nationwide downturn in the housing market, Stamford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stamford appreciation rates continue to be some of the highest in America, at 6.77%, which is higher than appreciation rates in 80.62% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stamford. Stamford appreciation rates in the latest quarter were at 5.73%, which equates to an annual appreciation rate of 24.99%.

Importantly, this makes Stamford one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Connecticut, our data show that Stamford's latest annual appreciation rate is lower 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

$682,678

Stamford, CT Home Prices
> $1,335,000
$1,001,001 - $1,335,000
$667,001 - $1,001,000
$534,001 - $667,000
$401,001 - $534,000
$267,001 - $401,000
$134,001 - $267,000
$67,001 - $134,000
$0 - $67,000
7.5%
7.5%
10.5%
10.5%
30.2%
30.2%
16.0%
16.0%
16.7%
16.7%
12.3%
12.3%
5.2%
5.2%
0.9%
0.9%
0.7%
0.7%
0% 100.0%
% of Homes
Very High

for Connecticut

Very High

for nation

Number of Homes And Apartments:

52,577

Stamford Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,384 / per month

Homeownership Rate

Owners
Renters
Vacant
48.7%
48.7%
51.3%
51.3%
7.6%
7.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.3%
18.3%
31.5%
31.5%
35.4%
35.4%
14.8%
14.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
35.7%
35.7%
7.2%
7.2%
16.4%
16.4%
40.6%
40.6%
0.0%
0.0%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.6%
4.6%
20.2%
20.2%
32.1%
32.1%
23.9%
23.9%
14.2%
14.2%
5.1%
5.1%
0% 100.0%
% of Homes