The story of this market
The typical home in ZIP 06902 sells for about $494,751, or $377 per square foot.
Prices are down 10% from a year ago, which gives buyers more room to negotiate. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $2,194 a month.
ZIP 06902 — Stamford
The 06902 housing market is experiencing a price correction with a 10% year-over-year decline, yet remains highly competitive with homes selling in 38 days. Demand is supported by the area's strong transit links to NYC and ongoing urban development in the Harbor Point district. While inventory is tight, the market is stabilizing as buyers adjust to current interest rate environments.
This ZIP is well-suited for commuters seeking transit access to NYC, young professionals attracted to urban waterfront living, and families looking for diverse housing options.
Median prices moved down 10.0% year over year.
Homes spend a median of 38 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 12.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06902, Fairfield County CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Stamford serves as a major corporate hub in Fairfield County, with significant ongoing development in the Harbor Point area and downtown.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
The ZIP offers direct access to the Metro-North Railroad and I-95, providing a primary transit corridor for commuters traveling to New York City.
The area features significant waterfront access at Harbor Point and West Beach, alongside proximity to downtown shopping and dining districts.
The rental market is characterized by high demand and significant inventory in newer luxury developments, particularly in the Harbor Point district.
Stamford's economy is anchored by a mix of financial services, corporate headquarters, and a growing technology sector.
The area is served by the Stamford Transportation Center, a major hub for Metro-North and Amtrak, facilitating regional connectivity.
Ongoing urban renewal projects continue to focus on high-density residential and commercial development in the downtown and harbor areas.
Parcels are subject to municipal taxes and standard utility district assessments for the City of Stamford.
Data retrieved from U.S. Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major waterfront development featuring residential, retail, and dining options.
Public waterfront park providing recreational space along the Long Island Sound.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.