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Lake Bungee, CT
Full City Profile · Connecticut · Capitol Planning Region County
3.4
/5.0
B
Good
566
Population
1,530/sq mi density
$83,936
Median Income
$49,054 per capita
$248,800
Home Value
$336,876 Zillow
47°F
Avg Temperature
271 sunny days/yr
307
Violent Crime/100K
1,738 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$83,936 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$248,800 home value, /mo rent
F
Safety
1.0 / 5.0
307 violent crimes/100K
C+
Education
2.7 / 5.0
21.4% bachelor's degree or higher
Housing Overview
Median Home Value
$248,800
12% below
US avg: $281,900
Homeownership Rate
76.0%
16% above US avg (65.4%)
Total Housing Units
315
Median year built: 1979
Home Value by Source
Census Median
$248,800
Zillow (ZHVI)
$336,876
Median Sale Price
$415,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.0%
Owner-Occupied
24.0%
Renter-Occupied
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
Market Indicators (Redfin)
Median Days on Market
198 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$269
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
76.0%
Complete Housing Data
Home Values
| Census Median Value | $248,800 |
| Zillow Home Value (ZHVI) | $336,876 |
| Median Sale Price | $415,000 |
| Price Per Sq Ft | $269 |
Rent
| 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 Market | 198 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 5 |
| Price Per Sq Ft | $269 |
Ownership & Stock
| Owner-Occupied | 76.0% |
| Renter-Occupied | 24.0% |
| Homeownership Rate | 76.0% |
| Total Housing Units | 315 |
| Median Year Built | 1979 |
| Rent Burden | 51.0% |