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Cheshire Village, CT

Full City Profile · Connecticut · South Central Connecticut Planning Region County

3.9 /5.0
B+ Good
6,049 Population 1,512/sq mi density
$114,923 Median Income $65,960 per capita
$393,200 Home Value $309,934 Zillow
$1,090 Median Rent 32.8% income on rent
51°F Avg Temperature 275 sunny days/yr
300 Violent Crime/100K 2,343 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$114,923 median income, 2.0% unemployment
A+
Affordability
4.8 / 5.0
$393,200 home value, $1,090/mo rent
F
Safety
1.0 / 5.0
300 violent crimes/100K
A+
Education
5.0 / 5.0
61.4% bachelor's degree or higher

Housing Overview

Median Home Value
$393,200
39% above
US avg: $281,900
Median Rent
$1,090/mo
6% below
US avg: $1,163/mo
Homeownership Rate
73.0%
12% above US avg (65.4%)
Total Housing Units
2,668
Median year built: 1966

Home Value by Source

Census Median
$393,200
Zillow (ZHVI)
$309,934
Median Sale Price
$470,000
Median List Price
$524,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.0%
Owner-Occupied
27.0%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent: $1,090/mo

Market Indicators (Redfin)

Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$276
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
32.8%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
73.0%

Complete Housing Data

Home Values

Census Median Value$393,200
Zillow Home Value (ZHVI)$309,934
Median Sale Price$470,000
Median List Price$524,450
Price Per Sq Ft$276

Rent

Census Median Rent$1,090
FMR Studio$1,351
FMR 1-Bedroom$1,590
FMR 2-Bedroom$1,955
FMR 3-Bedroom$2,415
FMR 4-Bedroom$2,824

Market

Days on Market53
Sale-to-List Ratio1.0%
Price Drops8.3%
Homes Sold9
Active Inventory12
Price Per Sq Ft$276

Ownership & Stock

Owner-Occupied73.0%
Renter-Occupied27.0%
Homeownership Rate73.0%
Total Housing Units2,668
Median Year Built1966
Rent Burden32.8%