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Featured local agent — Stepney, CT

Sarah Mitchell

CNESRESABR

Compass Real Estate · Stepney, CT

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

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

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Stepney, CT Housing Market & Real Estate

Seller's market+233.3% YoY

Housing market overview · Updated monthly ·

$1.35Mmedian sale price

How is the Stepney, CT housing market right now?

The median home sale price in Stepney, CT is $1.35M, up 233.3% year-over-year. Homes sell in an average of 15 days with 13 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Stepney a buyer's or seller's market?

Seller's market4.3 months of supply15 avg. days on market

Stepney, CT is currently a seller's market, based on 4.3 months of supply and homes selling in about 15 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

15

Fast-moving

Active listings

13

4.3 months supply

Sale-to-list

105.3%

Above asking

What does the Stepney housing market data show?

Current housing market statistics for Stepney, CT
MetricValue
Median sale price$1.35M
Median list price$449,888
Year-over-year price change+233.3%
Average days on market15 days
Active inventory13 listings
Months of supply4.3 months
Sale-to-list price ratio105.3%
Median price per sq ft$251/sq ft
Homes sold (latest month)3
New listings (latest month)7
Listings with a price cut23.1%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Stepney by property type?

How the Stepney, CT market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Stepney, CT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.50M$234/sq ft212 days
Condo / Co-op$380,000$297/sq ft143 days

Source: Redfin · Updated monthly

The Stepney housing market is currently classified as a seller's market with a median sale price of $1.35M. Prices have risen 233.3% compared to last year, with homes spending an average of 15 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Stepney

There are currently 13 homes listed for sale in Stepney, Connecticut. The median listing price is $450K.

Active listings

13

Homes on market

Median list price

$450K

Avg. days on market

15

Days until sale

New this week

7

Newly listed

Price drops:23.1%of listings
Sale-to-list:105.3%

Who lives in Stepney?

Population

3,489

Median income

$142,250/yr

Median age

51 years

Owner-occupied

88.9%

College grads

54.1%

Avg commute

30 min

Source: U.S. Census Bureau ACS

What is it like to live in Stepney?

Stepney is a community of approximately 3K residents with a median age of 51 years.The median household income is $142,250, which reflects a relatively affluent area with strong earning potential. 54.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 88.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Stepney offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Stepney, CT?

Want a head-to-head view? Compare Stepney side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Stepney?

The median home sale price in Stepney is $1.35M, up 233.3% from last year.

How long do homes stay on market in Stepney?

Homes typically spend 15 days on market before going under contract.

What is the median income in Stepney?

The median household income is $142,250 per year.

Is Stepney a buyer's or seller's market?

With 4.3 months of supply, Stepney is currently a seller's market.

What is the median condo price in Stepney?

The median condo/co-op sale price in Stepney, CT is $380,000, compared to $1.50M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Stepney?

The median single-family home price in Stepney, CT is $1.50M (about $234 per square foot).

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