Colchester, CT · Market Data

Colchester, Connecticut real estate market data.

Real estate market data for Colchester, CT (Southeastern Connecticut Planning Region County) — Census median home value $280,500, county listing prices up about 7.5% over the past year.

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Colchester, CT is in Southeastern Connecticut Planning Region County, Connecticut — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,624, with a median household income of $79,685. Census data puts Colchester's median home value at $280,500.

At a glance

Colchester market snapshot

Population

4,624

Median Household Income

$79,685

Median Home Value (city)

$280,500

Median Gross Rent

$1,444/mo

Price Trend (YoY)

+7.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Colchester

What makes Colchester different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Colchester's median home value — across all owner-occupied homes, not just recent sales — at $280,500.

County Price Trend

Southeastern Connecticut Planning Region County's FHFA house price index shows a 7.46% annual change in 2025.

Population & Income

Colchester has an estimated population of 4,624 and a median household income of $79,685, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Colchester's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Colchester FAQ

What are home values like in Colchester, CT?

The Census Bureau's American Community Survey puts Colchester's median home value at $280,500.

What is the population of Colchester, CT?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Colchester's population at approximately 4,624.

What's the median rent in Colchester, CT?

The Census ACS estimates median gross rent in Colchester at approximately $1,444 per month.

What is the median household income in Colchester, CT?

Census ACS data puts the median household income in Colchester at approximately $79,685.

Is the Colchester housing market growing?

Southeastern Connecticut Planning Region County's FHFA house price index shows a 7.46% annual change in 2025.

Is Colchester, CT affordable relative to income?

Census ACS data puts Colchester's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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