Bethel, Connecticut Real Estate & Housing Market

Bethel, CT Listings

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Bethel Housing Information

Index	Bethel	Connecticut	National
Median home price	$277,900	$269,300	$184,700
Median rent asked	$1,380	$1,094	$949
Avg. people per household	2.3	2.5	2.6
Owner occupied households	69.1%	66.5%	63.6%
Renter occupied households	30.9%	33.5%	36.4%

Above, you'll find an overview of the real estate market in Bethel, CT. Generally, real estate in the Bethel, CT area is less affordable in Connecticut, as the median price of a home in Bethel, CT is $277,900, which is 3% higher than the Connecticut average. The median rental price in Bethel, CT is $1,380. This is 26% higher than the average rental price in Connecticut. Home owners comprise 69.1% of the population of Bethel, CT, where an average of 2.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Bethel, CT. Below, you can search for real estate listings in Bethel, CT using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Bethel Home Affordability

When searching for real estate in Bethel, CT, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Bethel, CT, the median house price is $277,900, while the median income for households in the area is $72,656. Therefore, the ratio of house price to income is 3.8x; this ratio is 2% higher than the average in Connecticut. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Bethel, CT.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Cannondale, CT	92	$0	100%
Watchtower, NY	2,316	$0	100%
Heritage Village, CT	3,875	$148,600	20%
Bridgeport, CT	147,022	$168,200	9%
Copake Hamlet, NY	161	$171,400	7%
Bethel, CT	9,541	$277,900	50%

Cities with similar population

City, State	Population	Home Price	National Avg.
Hampton, NH	9,542	$336,700	82%
Winfield, IL	9,543	$292,700	58%
Winslow, AZ	9,539	$81,500	56%
North Gates, NY	9,537	$112,600	39%
Steger, IL	9,535	$107,700	42%
Bethel, CT	9,541	$277,900	50%

Source: The Bethel, CT housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).