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Shelton, CT

Full City Profile · Connecticut · Greater Bridgeport Planning Region County

3.7 /5.0
B+ Good
41,402 Population 1,352/sq mi density
$114,739 Median Income $55,824 per capita
$435,700 Home Value $537,305 Zillow
$1,661 Median Rent 32.0% income on rent
50°F Avg Temperature 271 sunny days/yr
53 Violent Crime/100K 736 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$114,739 median income, 3.5% unemployment
A+
Affordability
4.5 / 5.0
$435,700 home value, $1,661/mo rent
F
Safety
1.0 / 5.0
53 violent crimes/100K
A
Education
4.5 / 5.0
43.5% bachelor's degree or higher

Housing Overview

Median Home Value
$435,700
55% above
US avg: $281,900
Median Rent
$1,661/mo
43% above
US avg: $1,163/mo
Homeownership Rate
75.9%
16% above US avg (65.4%)
Total Housing Units
16,400
Median year built: 1976

Home Value by Source

Census Median
$435,700
Zillow (ZHVI)
$537,305
Median Sale Price
$490,000
Median List Price
$589,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.9%
Owner-Occupied
24.1%
Renter-Occupied
76%
24%
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: $1,661/mo · Zillow rent: $2,354/mo

Market Indicators (Redfin)

Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
29
Price Drops
6.3%
of listings with price reduction
Price Per Sq Ft
$290
Active Inventory
64
homes for sale

Affordability & Housing Stock

Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
75.9%

Complete Housing Data

Home Values

Census Median Value$435,700
Zillow Home Value (ZHVI)$537,305
Median Sale Price$490,000
Median List Price$589,000
Price Per Sq Ft$290

Rent

Census Median Rent$1,661
Zillow Rent (ZORI)$2,354
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 Market50
Sale-to-List Ratio1.0%
Price Drops6.3%
Homes Sold29
Active Inventory64
Price Per Sq Ft$290

Ownership & Stock

Owner-Occupied75.9%
Renter-Occupied24.1%
Homeownership Rate75.9%
Total Housing Units16,400
Median Year Built1976
Rent Burden32.0%