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Sarah Mitchell

CNESRESABR

Compass Real Estate · East Village, CT

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

East Village, CT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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East Village, CT Housing Market

Balanced market+5.5% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $767,500, +5.5% year over year (through May 2026). With 2.2 months of supply and homes going under contract in about 56 days, East Village is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $767,500 home is about $3,946/mo in principal and interest.

Key numbers for East Village, CT

Median sale price

$767,500

+5.5% year over year

Redfin, through May 2026

Days on market

56

Average pace

Redfin, through May 2026

Active listings

13

2.2 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$174,415

Home costs 4.4x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.1%

Selling below asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is East Village a buyer's or seller's market?

Balanced market2.2 months of supply56 days on market99.1% of asking

East Village, CT is a balanced market, based on 2.2 months of supply and homes selling in about 56 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the East Village housing market data show?

Every row below is Redfin's final published month for East Village, CT. Redfin, through May 2026

Housing market statistics for East Village, CT, Redfin through May 2026
MetricValue
Median sale price$767,500
Median list price$699,000
Year-over-year price change+5.5%
Median price per sq ft$310/sq ft
Median days on market56 days
Active inventory13 listings
Months of supply2.2 months
Sale-to-list price ratio99.1%
Homes sold (that month)6
New listings (that month)7
Listings with a price cut38.5%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for East Village is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in East Village is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have East Village home prices moved?

Over the last three years the median sale price in East Village, CT fell 15.7%, from $910,500 to $767,500. 38.5% of East Village listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.2 months while the sale-to-list ratio slips below its current 99.1%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in East Village?

Priced off the median sale price of $767,500 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in East Village, CT
Down paymentCash at closeLoan amountMonthly P&I
20%$153,500$614,000$3,946/mo
5%$38,375$729,125$4,686/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,946, that implies roughly $169,103 a year before you add taxes and insurance. The median household in East Village earns $174,415, about $5,312 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in East Village in the next 12 months?

Tell us your timeline. We send the East Village market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in East Village?

Zillow does not publish a rent index (ZORI) for East Village, CT, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in East Village?

Active listings in East Village, CT went from 19 in May 2025 to 13 in May 2026, a -31.6% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in East Village, CT
MonthActive listingsNew listings
June 2025132
July 2025155
August 2025134
September 2025126
October 2025113
November 202591
December 202592
January 202693
February 202695
March 2026106
April 2026125
May 2026137

Redfin, through May 2026

How does East Village compare to Connecticut and the U.S.?

East Village homes sell for $767,50054% above the Connecticut median of $498,000. Against the national median of $410,700, East Village runs 87% higher. Year-over-year, East Village moved +5.5% against Connecticut's +7.1%a smaller swing than the state as a whole.

East Village, CT compared with Connecticut and the United States
MarketMedian sale priceYoYDays on market
East Village, CT$767,500+5.5%56 days
Connecticut statewide$498,000+7.1%31 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in East Village

What buyers should watch

  • Months of supply, currently 2.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 38.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $740 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $767,500 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median East Village listing goes under contract in 56 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month East Village added 7 new listings against 6 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside East Village varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in East Village

There are currently 13 homes listed for sale in East Village, Connecticut. The median listing price is $699K.

Active listings

13

Homes on market

Median list price

$699K

Avg. days on market

56

Days until sale

New this week

7

Newly listed

Price drops:38.5%of listings
Sale-to-list:99.1%

How much do homes cost in East Village by property type?

How the East Village, CT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in East Village, CT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$767,500$310/sq ft656 days
Condo / co-op$360,000$356/sq ft136 days

Who lives in East Village?

American Community Survey estimates for East Village. U.S. Census ACS, 2023

Population

3,744

Households

1,116

Median income

$174,415/yr

Median age

39.7 years

Owner-occupied

99.2%

Median home value

$518,500

Mean commute

34 min

99.2% of occupied homes in East Village are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near East Village, CT?

Ordered by distance from East Village, not by size. Compare East Village side by side with any of them.

East Village housing market FAQ

Is East Village a buyer's or seller's market?

East Village, CT is currently a balanced market. That read comes from 2.2 months of supply, homes going under contract in about 56 days, and sellers getting 99.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in East Village?

The median sale price in the last month Redfin published was $767,500, about $310 per square foot.

Is East Village cheaper than the rest of Connecticut?

East Village's median sale price of $767,500 is 54% higher than the Connecticut statewide median of $498,000, and 87% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in East Village?

Homes in East Village, CT spent a median of 56 days on market before going under contract, versus 31 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in East Village?

At the current 30-year fixed rate of 6.66%, 20% down on a $767,500 home is about $3,946 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $169,103 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $174,415.

Are home prices rising in East Village?

Redfin's last published year-over-year change for East Village, CT was +5.5%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in East Village?

East Village ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in East Village?

That depends on your timeline, not on a headline. What the data says today: East Village, CT is a balanced market with 2.2 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $767,500, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.