Explore Storrs, CT - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$645,450

Market Insights

The housing market in Storrs continues to see strong price appreciation, with values up 84.4% compared to last year. Home prices have increased 65.5% in the past month alone. With 2.0 months of supply, Storrs's inventory levels remain relatively tight. Sales volume is down 60% compared to seasonal expectations. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Storrs market with the affordability index at 630.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.

Demographics market for - Storrs, CT

Total Population -

16,781

White Population

78.06%

Black Population

4.25%

Mexican30.04% (1.32% of total population)
Puerto Rican33.29% (1.47% of total population)
Cuban15.70% (0.69% of total population)
Dominican9.34% (0.41% of total population)
Salvadoran0%
Costa Rican0%
Gautemalan2.98% (0.13% of total population)
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0.41% (0.02% of total population)
Bolivian0%
Chilean0%
Colombian4.06% (0.18% of total population)
Ecuadorian0%
Peruvian4.19% (0.18% of total population)
Uruguyan0%
Venezuelan0%

Indian 44.65% (1.97% of total population)
Bangladeshi 0%
Chinese 184.98% (8.15% of total population)
Bhutanese 0%
Burmese 0%
Filipino 11.91% (0.52% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 20.70% (0.91% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 6.22% (0.27% of total population)
Pakistani 6.77% (0.30% of total population)
Srilankan 0%
Taiwanese 0%
Pakistani 6.77% (0.30% of total population)
Srilankan 0%
Taiwanese 0%
Thai 2.17% (0.10% of total population)
Vietnamese 17.46% (0.77% of total population)

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Storrs, CT

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Real Estate Market Prediction for - Storrs, CT

City Hotspots
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