GemHausNew report

Bethel, CT 06801 Real Estate Market Report

ZIP Code: 06801
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
26
Active Listings
8
Sold Properties
18

Market Metrics

Median Listing Price
$669,000
Median Sold Price
$560,000
Median Price per Sqft
$292/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,850

Property Taxes

Property Tax Rate
1.55%

Liquidity & Velocity

Median Days on Market
335
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Bethel, CT, are averaging 6.35%, which is 0.75% higher than the 5.6% rates observed for typical loans in this area earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The $560,000 median sold price is the primary indicator of market value and recent transaction activity in Bethel, CT, and should be used as the reference point for pricing and appraisals in the current cycle (hot market temperature).

  2. The $669,000 median listing price sits above the median sold price, which may indicate seller expectations exceed recent transaction levels and suggests pricing friction between asking and realized values.

  3. The 335 median days on market suggests slower transaction velocity despite a hot market temperature, which may indicate elongated negotiations, conditional sales, or selective buyer activity rather than immediate turnarounds.

  4. The 6.35% current 30-year fixed mortgage rate (0.75% higher than the 5.6% observed earlier in 2026) and elevated interest rate pressure are constraining buyer affordability, even as the $2,850 median market rent and 292 median price per square foot provide contextual support for local valuations.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

193 Chestnut Ridge Rd, Bethel, CT 06801
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
2,664 sqft
$730,000
Mar 1, 2026
$274/sqft/sqft
509 days on market
41 Turkey Plain Rd, Bethel, CT 06801
Premium

Sold above market average

3 beds
3 baths
2,144 sqft
$725,000
Mar 1, 2026
$338/sqft/sqft
117 days on market
23 Quaker Ridge Rd, Bethel, CT 06801
Premium

Sold above market average

3 beds
2 baths
2,040 sqft
$700,000
Feb 1, 2026
$343/sqft/sqft
72 Old Hawleyville Rd, Bethel, CT 06801
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
2,265 sqft
$600,000
Apr 1, 2026
$265/sqft/sqft
94 days on market
9 Katrina Cir, Bethel, CT 06801
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
2 baths
2,520 sqft
$591,751
Apr 1, 2026
$235/sqft/sqft
1210 days on market
33 Green Pasture Rd, Bethel, CT 06801
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,970 sqft
$570,000
Mar 1, 2026
$289/sqft/sqft
186 days on market
4 Terry Dr, Bethel, CT 06801
Value

Sold below market average

3 beds
2 baths
2,107 sqft
$400,000
Mar 1, 2026
$190/sqft/sqft
18 Taylor Rd, Bethel, CT 06801
Value

Sold below market average

3 beds
2 baths
1,625 sqft
$350,000
Feb 1, 2026
$215/sqft/sqft

Bethel, CT 06801 Real Estate Market Report

ZIP Code: 06801
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
19
Active Listings
1
Sold Properties
18

Market Metrics

Median Listing Price
$295,000
Median Sold Price
$496,500
Median Price per Sqft
$262/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,340

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.54%

Liquidity & Velocity

Median Days on Market
1027
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Bethel, CT, are averaging 6.35%, which is 0.75% higher than the 5.6% rates observed for typical loans in this area earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market value indicator is the median sold price of $496,500, which reflects recent transaction activity and supports the view of ongoing upward pricing pressure in the area (up price trend and a hot market temperature).

  2. Liquidity appears mixed: despite a median days on market of 1,027, which suggests slower sales velocity for many transactions, the broader trend signals continued strength (hot market temperature) that may be concentrating sales among a subset of competitively priced listings.

  3. Price and rent context is supportive for owners and investors: the median price per square foot of $262 and median market rent of $2,340 coincide with an upward rent trend (up), indicating rent resilience alongside rising home prices.

  4. Financing headwinds are notable: current 30-year fixed mortgage rates averaging 6.35%, which are 0.75% higher than the earlier 5.6% benchmark in 2026, represent elevated interest rate pressure that may moderate demand and lengthen time-to-sale for marginal listings.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

121 Great Hill Dr, Bethel, CT 06801
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
2,652 sqft
$720,000
Mar 1, 2026
$271/sqft/sqft
32 Hunting Ridge Ln, Bethel, CT 06801
Premium

Sold above market average

3 beds
2 baths
2,090 sqft
$680,000
Mar 1, 2026
$325/sqft/sqft
4 Bailey Blvd, Bethel, CT 06801
Market Benchmark

Sold at market average

3 beds
3 baths
2,484 sqft
$640,000
Apr 1, 2026
$258/sqft/sqft
3 Idlewood, Bethel, CT 06801
Premium

Sold above market average

2 beds
1 baths
1,248 sqft
$368,000
Feb 1, 2026
$295/sqft/sqft
3 Idlewood, Bethel, CT 06801
Premium

Sold above market average

2 beds
1 baths
1,248 sqft
$368,000
Feb 1, 2026
$295/sqft/sqft
37 Whittlesey Dr, Bethel, CT 06801
Market Benchmark

Sold at market average

2 beds
1 baths
1,040 sqft
$275,000
Mar 1, 2026
$264/sqft/sqft
37 Whittlesey Dr, Bethel, CT 06801
Market Benchmark

Sold at market average

2 beds
1 baths
1,040 sqft
$275,000
Mar 1, 2026
$264/sqft/sqft
66 Nashville Rd Unit L, Bethel, CT 06801
Premium

Sold above market average

2 beds
1 baths
864 sqft
$260,000
Mar 1, 2026
$301/sqft/sqft
179 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$838/mo
06801 Avg Rent
06801 Cost to Own
Rent$2,850
Own$3,688

20% down, 6.4% rate, 1.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

06801 Avg nightly rate
06801 Avg occupancy (days/year)
Nightly rate$159/night
Occupancy142 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/4/2026

GemHaus

Get personalized market intelligence

View property-level details in Bethel, CT get valuations, rent estimates, operating costs, and pro-forma insights.

Nearby Market Reports