Why Live in Stamford
Stamford's waterfront location along Long Island Sound provides residents with multiple beaches and outdoor spaces, including Cove Island Park's walking trails and Cummings Park Beach. The revitalized Mill River Park serves as a central gathering space for community events and ice skating, while the Stamford Museum & Nature Center combines art exhibitions with a working farm. The dining scene features upscale options like The Capital Grille's aged steaks and Terra Gaucha Brazilian Steakhouse's authentic churrascaria experience, alongside local favorites such as Puerto Vallarta's Mexican cuisine and Cafe Silvium's handmade Italian pasta.
The real estate landscape varies by neighborhood. North Stamford features single family homes with a median price of $1,120,000, while Shippan commands a median price of $1,670,000 for single family properties. Downtown Stamford focuses on condominium living, with one bedroom units at a median price of $330,000 and two bedrooms at $427,500. Glenbrook presents more affordable condo options, with one bedrooms at a median price of $243,000.
Living costs in Stamford run 28.2% above the national average. A family with school age children needs approximately $135,000 annually to live comfortably, with monthly housing costs around $4,000 and groceries at $1,600. The Connecticut state income tax rate is 2.00%, with a 6.35% sales tax rate. Commuters benefit from Metro North Railroad service, reaching New York City in 50 to 60 minutes. The public school system includes highly rated institutions like Greenwich High School, while private options such as King School serve multiple neighborhoods with A plus rated education across all levels.
Home Trends in Stamford, CT
On average, homes in Stamford, CT sell after 50 days on the market compared to the national average of 50 days. The median sale price for homes in Stamford, CT over the last 12 months is $715,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$715,000
Median Single Family Sale Price
$951,500
Median Townhouse Sale Price
$602,500
Median 2 Bedroom Sale Price
$409,900
Median 1 Bedroom Sale Price
$280,000
Average Price Per Sq Ft
$395
Number of Homes for Sale
147
Last 12 months Home Sales
1,161
Median List Price
$699,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
14%