Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$424,057+2.8% YoY · prices are rising
Income needed to buy, per year$91,927About 1.1× the local median income ($84,689): a stretch for a typical household
The typical home in Litchfield County, CT is worth $424,057, up 2.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $356,364, so the area is 19.0% overvalued. A household needs about $91,927 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,689. Typical rent is $1,882 a month. In the latest IRS figures, 1,183 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$424,057
Change in 1 year
+2.8%
Overvalued %
+19.0%
Show 6 more
Fair home value
$356,364
Change in 5 years
+37.6%
Home value to income
5.0×
Monthly mortgage payment (20% down)
$2,298
Income needed to afford it
$91,927
Property tax rate
1.99%
Rent and investing
Typical rent
$1,882
Price-to-rent ratio
18.8×
HUD Fair Market Rent, 2 bedrooms
$1,507
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Gross rental yield
5.32%
Cap rate (estimate)
3.46%
People and jobs
Median household income
$84,689
Population change (1 year)
−0.4%
Unemployment rate
6.0%
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Population
180,333
Income adjusted for cost of living
$85,718
Net moves in (IRS)
+1,183
Cost of living (US = 100)
97.9
Schools, risk and environment
Unhealthy air days a year
9
Walkability (1 to 20)
7.3
Road, rail and air noise
53 dB
Questions people ask
Is Litchfield County, CT overvalued?
Home prices in Litchfield County, CT are well above what local incomes have historically supported: fair value is about $356,364, so the area is 19.0% overvalued.
Are home prices going down in Litchfield County, CT?
Home values in Litchfield County, CT are up 2.8% over the last year.
How much do you need to earn to buy a home in Litchfield County, CT?
A household needs about $91,927 a year to afford the typical home in Litchfield County, CT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,689.