Stepney, CT

Full City Profile · Connecticut · Western Connecticut Planning Region County

4.8 /5.0
A+ Excellent
3,489 Population 519/sq mi density
$142,250 Median Income $72,913 per capita
$437,500 Home Value $634,008 Zillow
$2,065 Median Rent 49.3% income on rent
50°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A
Economy
4.4 / 5.0
$142,250 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$437,500 home value, $2,065/mo rent
A+
Education
5.0 / 5.0
54.1% bachelor's degree or higher

Housing Overview

Median Home Value
$437,500
55% above
US avg: $281,900
Median Rent
$2,065/mo
78% above
US avg: $1,163/mo
Homeownership Rate
88.9%
36% above US avg (65.4%)
Total Housing Units
1,682
Median year built: 1980

Home Value by Source

Census Median
$437,500
Zillow (ZHVI)
$634,008
Redfin Median Sale
$405,000
Median Sale Price
$405,000
Median List Price
$419,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.9%
Owner-Occupied
11.1%
Renter-Occupied
89%
11%
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: $2,065/mo

Market Indicators (Redfin)

Median Sale Price
$405,000
Median Days on Market
99 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$292
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
49.3%
of renters spending 30%+ of income on housing
59% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
88.9%

Complete Housing Data

Home Values

Census Median Value$437,500
Zillow Home Value (ZHVI)$634,008
Redfin Median Sale$405,000
Median Sale Price$405,000
Median List Price$419,900
Price Per Sq Ft$292

Rent

Census Median Rent$2,065
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 Market99
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory6
Price Per Sq Ft$292

Ownership & Stock

Owner-Occupied88.9%
Renter-Occupied11.1%
Homeownership Rate88.9%
Total Housing Units1,682
Median Year Built1980
Rent Burden49.3%