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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Bethel, CT Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bethel, CT Housing Market Trends

With a population of 20,684, 7,390 total housing units (homes and apartments), and a median house value of $601,548, real estate costs in Bethel are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Connecticut communities.

Single-family detached homes are the single most common housing type in Bethel, accounting for 64.94% of the town's housing units. Other types of housing that are prevalent in Bethel include duplexes, homes converted to apartments or other small apartment buildings ( 16.82%), row houses and other attached homes ( 10.25%), and a few large apartment complexes or high rise apartments ( 7.99%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bethel. Owner-occupied housing accounts for 77.60% of Bethel's homes, and 66.38% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bethel built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bethel built between 1940-1969 ( 22.81%). A lesser amount of the housing stock also hails from before 1939 ( 17.28%). There's also some housing in Bethel built between 2000 and later ( 15.86%).

Bethel Home Appreciation Rates

Real estate appreciation rates in Bethel's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.92% during the period.

Appreciation rates are so strong in Bethel that despite a nationwide downturn in the housing market, Bethel real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bethel appreciation rates continue to be some of the highest in America, at 10.88%, which is higher than appreciation rates in 90.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bethel. Bethel appreciation rates in the latest quarter were at 1.79%, which equates to an annual appreciation rate of 7.35%.

Relative to Connecticut, our data show that Bethel's latest annual appreciation rate is higher than 80% of the other cities and towns in Connecticut.

Average Home Values

Median Home Value

$601,548

Bethel, CT Home Prices
> $1,443,000
$1,082,001 - $1,443,000
$722,001 - $1,082,000
$577,001 - $722,000
$433,001 - $577,000
$289,001 - $433,000
$144,001 - $289,000
$72,001 - $144,000
$0 - $72,000
0.7%
0.7%
2.1%
2.1%
18.9%
18.9%
26.0%
26.0%
31.5%
31.5%
14.4%
14.4%
5.1%
5.1%
0.3%
0.3%
1.2%
1.2%
0% 100.0%
% of Homes
High

for Connecticut

Very High

for nation

Number of Homes And Apartments:

7,390

Bethel Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,597 / per month

Homeownership Rate

Owners
Renters
77.6%
77.6%
22.4%
22.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.9%
4.9%
95.1%
95.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.9%
15.9%
44.0%
44.0%
22.8%
22.8%
17.3%
17.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
64.9%
64.9%
10.3%
10.3%
16.8%
16.8%
8.0%
8.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.7%
4.7%
5.2%
5.2%
18.0%
18.0%
38.9%
38.9%
27.5%
27.5%
5.8%
5.8%
0% 100.0%
% of Homes