Real Estate Market Update for Trumbull, CT

Video: Real Estate Community Tour for Trumbull, CT

See Real estate community tour for Trumbull, CT
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 21% from one year earlier, and down 31% 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 under 420-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 420-thousand dollars. The number of units sold decreased 8% year-over-year, and decreased 3% 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 Trumbull, CT
Area Information for Trumbull, CT
  • Population: 35,814
  • Median Age: 45.81 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,537/sq mi
  • Population Change Since 2000: 4.55%
  • Closest Airport: Tweed-new Haven
  • Closest College: Sacred Heart University
  • Closest Jr. College: St Vincents College
  • Median Household Income: $108,889
  • Annual Residential Turnover: 6%
  • Median Home Sales Price: $350,000
  • Closest Major Sports Team: New England Black Wolves
  • Change Avg. Household Income Since 2000: 33.41%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Trumbull, CT
Median Age: 45.81 Married: 48% Number of Households: 12,645 Households with Children: 5,065
    • 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 Trumbull, CT

      School Name Distance Type Grades School Rating Parent Rating
      Hillcrest Middle School 0.6 mi Public 6-8 5 0
      Middlebrook School 0.7 mi Public K-5 4 0
      Daniels Farm School 0.8 mi Public K-5 5 5
      Trumbull High School 1.0 mi Public 9-12 4 4
      Jane Ryan School 1.0 mi Public K-5 5 0
      Montessori Center For Early Learning 1.4 mi Private - 0 0
      St Theresa School 1.7 mi Catholic PRESCHOOL-8 0 0
      Madison Middle School 1.9 mi Public 6-8 5 0
      Trumbull Early Childhood Education Center 1.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Ces School Readiness 2.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Tashua Elementary School 2.0 mi Public K-5 5 0
      Booth Hill School 2.0 mi Public K-5 5 0
      Christian Heritage School 2.0 mi Private K-12 0 0
      Frenchtown Elementary School 2.0 mi Public K-5 5 0
      Therapeutic Day Program 2.1 mi Public 1-12 0 0
      Developmental Learning Center (dlc) 2.1 mi Public 7-12 0 0
      Preschool-primary Learning Center (plc) 2.1 mi Public PRESCHOOL-8 0 0
      Rise Transitional Program 2.1 mi Public 12-12 0 0
      St Joseph High School 2.3 mi Catholic 9-12 0 4
      Tutor Time Child Care Learning Centers 2.9 mi Private PRESCHOOL-K 0 0
      St Catherine Of Siena School 2.9 mi Catholic PRESCHOOL-8 0 0
      St Vincent's Special Needs Services 3.6 mi Private UNGRADE-UNGRADE 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 School Review data by
      Local Weather for Trumbull, 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.