Real Estate Market Update for Danbury, CT

Video: Real Estate Community Tour for Danbury, CT

See Real estate community tour for Danbury, CT
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 37% from one year earlier, and down 21% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 17%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 270-thousand dollars. The number of units sold decreased 20% year-over-year, and decreased 28% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Danbury, CT
Area Information for Danbury, CT
  • Population: 83,064
  • Median Age: 38.1 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,982/sq mi
  • Population Change Since 2000: 11.04%
  • Closest Airport: Westchester County
  • Closest College: Western Connecticut State University
  • Closest Jr. College: Norwalk Community College
  • Median Household Income: $65,169
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $252,000
  • Closest Major Sports Team: Hudson Valley Renegades (ss)
  • Change Avg. Household Income Since 2000: 24.94%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Danbury, CT
Median Age: 38.1 Married: 38% Number of Households: 29,874 Households with Children: 8,540
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Danbury, CT

      School Name Distance Type Grades School Rating Parent Rating
      Pembroke School 0.3 mi Public K-5 2 0
      Danbury High School 1.2 mi Public 9-12 1 3
      Kindercare Learning Center 755 1.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      King Street Intermediate School 1.5 mi Public 4-5 0 0
      King Street Primary School 1.5 mi Public K-3 0 0
      Immanuel Lutheran School 1.7 mi Private PRESCHOOL-8 0 0
      Henry Abbott Technical High School 1.7 mi Public 9-12 1 3
      Hayestown Avenue School 1.8 mi Public PRESCHOOL-5 2 0
      St Gregory The Great School 1.9 mi Catholic PRESCHOOL-8 0 0
      New Fairfield Bright Beginning 2.3 mi Private PRESCHOOL-K 0 0
      St Joseph Elementary School 2.3 mi Catholic PRESCHOOL-8 0 0
      Ellsworth Avenue School 2.3 mi Public K-5 1 0
      Consolidated School 2.3 mi Public PRESCHOOL-2 0 0
      Great Plain School 2.3 mi Public K-5 1 0
      New Fairfield High School 2.4 mi Public 9-12 4 3
      New Fairfield Middle School 2.4 mi Public 6-8 4 0
      Meeting House Hill School 2.4 mi Public 3-5 4 0
      Colonial Hills Christian Academy 2.4 mi Private PRESCHOOL-11 0 0
      Broadview Middle School 2.4 mi Public 6-8 1 0
      Pathways Academy 2.5 mi Private 6-8 0 0
      Stadley Rough School 2.5 mi Public K-5 2 0
      Morris Street School 2.6 mi Public PRESCHOOL-5 2 0
      Western Center Academy Of International Studies 2.7 mi Public K-5 3 0
      Alternative Center For Excellence 2.8 mi Public 9-12 0 0
      Mill Ridge Primary School 2.8 mi Public K-3 0 0
      Westside Middle School Academy 3.0 mi Public - 0 0
      Sacred Heart School 3.1 mi Catholic PRESCHOOL-8 0 0
      Sacred Heart School 3.2 mi Catholic PRESCHOOL-PRESCHOOL 0 0
      Dps Early Childhood Center 3.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Park Avenue School 3.3 mi Public K-5 2 0
      South Street School 3.5 mi Public K-5 1 0
      Immaculate High School 3.7 mi Catholic 9-12 0 3
      Hudson Country Montessori School 3.7 mi Private PRESCHOOL-8 0 0
      New England Country Day School 3.8 mi Private PRESCHOOL-K 0 0
      Shelter Rock School 3.9 mi Public K-5 2 0
      Rogers Park Middle School 4.0 mi Public 6-8 1 0
      Wooster School 4.6 mi Private PRESCHOOL-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Danbury, CT
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.