The story of this market
The typical home in ZIP 06901 sells for about $384,000, or $450 per square foot.
Prices are down 3.4% from a year ago, which gives buyers more room to negotiate. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,538 a month.
ZIP 06901 — Stamford
The 06901 housing market is characterized by high-density urban living with a strong rental component and a competitive entry-level price point. While year-over-year prices have seen a slight decline, the area remains a vital hub for commuters due to its proximity to the Stamford Transportation Center. Market activity is driven by professional demand and the ongoing development of luxury residential inventory.
This ZIP is best suited for young professionals, commuters, and urban-focused renters who prioritize walkability and transit access over suburban space. It is less ideal for families seeking traditional single-family housing with large yards.
Median prices moved down 3.4% year over year.
Homes spend a median of 22 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 16.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06901, 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.
Crime in the downtown 06901 area is generally higher than in suburban Stamford, reflecting typical urban density patterns. Reported trends remain stable, with property-related incidents being the primary concern for residents.
Schools serving the area are part of the Stamford Public Schools district, which offers a mix of magnet and neighborhood programs. Performance varies significantly by specific school, with some institutions receiving high marks for diversity and college readiness.
The area faces moderate risk from coastal storm surges and flooding due to its proximity to the Long Island Sound. Property insurance premiums are influenced by these environmental factors and the age of the housing stock.
Stamford serves as a major corporate hub in Fairfield County, hosting numerous financial and professional services firms. Development momentum is focused on high-density residential and mixed-use projects in the downtown core.
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 is highly walkable and offers excellent access to the Stamford Transportation Center, providing direct Metro-North and Amtrak service to New York City. Major highway access via I-95 is immediate but subject to heavy peak-hour congestion.
Residents have access to Mill River Park, a major urban green space, and are within a short drive of waterfront parks like Cove Island. The area features a dense concentration of restaurants, retail, and entertainment venues in the downtown district.
The rental market is deep and highly active, driven by a large population of young professionals and commuters. Vacancy pressure is generally low, though new luxury apartment deliveries have introduced more supply to the downtown core.
Stamford's economy is anchored by financial services, corporate headquarters, and professional services. The city acts as a primary employment center for the Western Connecticut region.
The area is served by the Stamford Transportation Center, a critical hub for Metro-North and Amtrak. I-95 and the Merritt Parkway provide the primary regional highway connections.
The city is actively pursuing transit-oriented development projects near the train station to increase housing density. Several mixed-use projects are currently in the approval or construction phase.
Parcels are subject to city-wide property taxes and specific municipal service districts. No major MUDs or PIDs are present in this urban core.
Property insurance costs are elevated due to coastal hazard exposure and the high value of urban real estate. Market health is stable but sensitive to regional storm activity.
Data retrieved from data.census.gov 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 urban park featuring trails, a carousel, and seasonal ice skating.
A large indoor shopping mall serving the downtown area.
A historic venue hosting concerts, theater, and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.