New Preston, CT

Full City Profile · Connecticut · Northwest Hills Planning Region County

3.4 /5.0
B Good
1,121 Population 153/sq mi density
$60,526 Median Income $60,480 per capita
$447,300 Home Value $707,439 Zillow
$531 Median Rent 28.1% income on rent
49°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$60,526 median income, 7.3% unemployment
C
Affordability
2.5 / 5.0
$447,300 home value, $531/mo rent
A+
Education
5.0 / 5.0
58.1% bachelor's degree or higher

Housing Overview

Median Home Value
$447,300
59% above
US avg: $281,900
Median Rent
$531/mo
54% below
US avg: $1,163/mo
Homeownership Rate
80.6%
23% above US avg (65.4%)
Total Housing Units
586
Median year built: 1974

Home Value by Source

Census Median
$447,300
Zillow (ZHVI)
$707,439
Redfin Median Sale
$675,000
Median Sale Price
$675,000
Median List Price
$885,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.6%
Owner-Occupied
19.4%
Renter-Occupied
81%
19%
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: $531/mo

Market Indicators (Redfin)

Median Sale Price
$675,000
Median Days on Market
122 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$276
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
80.6%

Complete Housing Data

Home Values

Census Median Value$447,300
Zillow Home Value (ZHVI)$707,439
Redfin Median Sale$675,000
Median Sale Price$675,000
Median List Price$885,000
Price Per Sq Ft$276

Rent

Census Median Rent$531
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 Market122
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold2
Active Inventory6
Price Per Sq Ft$276

Ownership & Stock

Owner-Occupied80.6%
Renter-Occupied19.4%
Homeownership Rate80.6%
Total Housing Units586
Median Year Built1974
Rent Burden28.1%