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.



Stratford, 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

Stratford, CT Housing Market Trends

With 52,477 people, 20,187 houses or apartments, and a median cost of homes of $376,994, Stratford real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Stratford, accounting for 66.15% of the town's housing units. Other types of housing that are prevalent in Stratford include duplexes, homes converted to apartments or other small apartment buildings ( 13.10%), large apartment complexes or high rise apartments ( 10.60%), and a few row houses and other attached homes ( 9.96%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stratford. Owner-occupied housing accounts for 78.80% of Stratford's homes, and 60.28% have either three or four bedrooms, which is average sized relative to America.

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. Stratford's housing was primarily built during this period, from the '40s through the '60s. A full 45.87% of the town's housing hails from this era. Other housing ages represented in Stratford include homes built between 1970-1999 ( 28.09%) and housing constructed before 1939 ( 22.08%). There's also some housing in Stratford built between 2000 and later ( 3.97%).

Stratford Home Appreciation Rates

Real estate appreciation rates in Stratford's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.52% during the period.

Appreciation rates are so strong in Stratford that despite a nationwide downturn in the housing market, Stratford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stratford appreciation rates continue to be some of the highest in America, at 6.06%, which is higher than appreciation rates in 72.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stratford. Stratford appreciation rates in the latest quarter were at 5.73%, which equates to an annual appreciation rate of 24.99%.

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

Relative to Connecticut, our data show that Stratford's latest annual appreciation rate is lower than 60% 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 town. Individual neighborhoods within Stratford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stratford - 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 Stratford real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$376,994

Stratford, CT Home Prices
> $1,468,000
$1,101,001 - $1,468,000
$734,001 - $1,101,000
$587,001 - $734,000
$441,001 - $587,000
$294,001 - $441,000
$147,001 - $294,000
$73,001 - $147,000
$0 - $73,000
0.6%
0.6%
0.5%
0.5%
2.5%
2.5%
7.3%
7.3%
23.9%
23.9%
42.0%
42.0%
17.4%
17.4%
3.5%
3.5%
2.2%
2.2%
0% 100.0%
% of Homes
Low

for Connecticut

High

for nation

Number of Homes And Apartments:

20,187

Stratford Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,853 / per month

Homeownership Rate

Owners
Renters
Vacant
78.8%
78.8%
21.2%
21.2%
6.9%
6.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
4.0%
4.0%
28.1%
28.1%
45.9%
45.9%
22.1%
22.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.2%
66.2%
10.0%
10.0%
13.1%
13.1%
10.6%
10.6%
0.2%
0.2%
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
1.9%
1.9%
11.8%
11.8%
22.5%
22.5%
47.6%
47.6%
12.7%
12.7%
3.5%
3.5%
0% 100.0%
% of Homes