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Coventry Lake, CT

Full City Profile · Connecticut · Capitol Planning Region County

3.5 /5.0
B+ Good
2,358 Population 659/sq mi density
$73,846 Median Income $59,776 per capita
$263,200 Home Value $264,043 Zillow
$1,031 Median Rent 51.0% income on rent
50°F Avg Temperature 275 sunny days/yr
213 Violent Crime/100K 1,689 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$73,846 median income, 0.7% unemployment
A+
Affordability
4.7 / 5.0
$263,200 home value, $1,031/mo rent
F
Safety
1.0 / 5.0
213 violent crimes/100K
A
Education
4.4 / 5.0
42.2% bachelor's degree or higher

Housing Overview

Median Home Value
$263,200
7% below
US avg: $281,900
Median Rent
$1,031/mo
11% below
US avg: $1,163/mo
Homeownership Rate
88.0%
35% above US avg (65.4%)
Total Housing Units
1,370
Median year built: 1952

Home Value by Source

Census Median
$263,200
Zillow (ZHVI)
$264,043
Median Sale Price
$192,500
Median List Price
$392,449
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.0%
Owner-Occupied
12.0%
Renter-Occupied
88%
12%
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: $1,031/mo

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$218
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
88.0%

Complete Housing Data

Home Values

Census Median Value$263,200
Zillow Home Value (ZHVI)$264,043
Median Sale Price$192,500
Median List Price$392,449
Price Per Sq Ft$218

Rent

Census Median Rent$1,031
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 Market31
Sale-to-List Ratio1.1%
Price Drops0.0%
Homes Sold2
Active Inventory4
Price Per Sq Ft$218

Ownership & Stock

Owner-Occupied88.0%
Renter-Occupied12.0%
Homeownership Rate88.0%
Total Housing Units1,370
Median Year Built1952
Rent Burden51.0%