Greenwich, Connecticut.
Typical home $2,373,259 (+14.0% in a year), asking rent $5,928 (+5.8%). Bridgeport-Stamford-Norwalk, CT metro.
to buy the typical home at today's mortgage rate — +$7,652 (+159%) since Jan 2020.
- 1 year
- Up $291,921 +14%
- $2,081,337$2,373,259 since Sep 2025
- 5 years
- Up $797,266 +51%
- $1,575,993$2,373,259 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Greenwich$12,457
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 8 years.
Typical home values in Greenwich, CT rose 14.0% over the past year — faster than the nation's +1.2%.
Asking rents in Greenwich, CT rose 5.8% over the past year — faster than the nation's +2.7%.
Owning the typical home in Greenwich runs $12,702/mo more than renting one — the widest that gap has been in this data.
That is $18,630 a month against $5,928 rent: a $12,457 mortgage payment, plus $3,633 property tax and $2,541 insurance & upkeep.
Owning vs renting — Greenwich
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$18,630
- Renting$5,928
- Mortgage only$12,457
Property tax · $3,633/mo 1.84% of value a year — the ACS 2017-2021 median bill over the median home value for Fairfield County, CT
Insurance & upkeep · $2,541/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Greenwich, Connecticut
Greenwich, in , had 13,836 people in the 2020 census. Half its households earn more than $134,914 a year and half less; 11% of its people live below the poverty line. 54% of its homes are lived in by their owners and 46% are rented. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Greenwich is a well-educated town where most adults hold a four-year degree, and incomes run high. Homes here are among the most expensive anywhere, and rents are steep as well, though more households own their homes than rent them. Winters are cold, with January the coldest month, summers turn warm in July, and rain and melted snow fall steadily across the year.
Work. Residents work mostly in professional and business services, in schools, hospitals and social care, in banks, insurance and property, and in restaurants, hotels and entertainment. Among the largest workplaces in Greenwich are the Greenwich School District, Greenwich Hospital and the Town of Greenwich itself. A good number of people work from home, and the typical commute is moderate.
Things to do. The Glass House, a museum of modern architecture, is a short drive away, as is the Bronx River. For a longer day out, New York City's museums and parks are a longer drive away, among them the Metropolitan Museum of Art and Central Park. The Bronx Zoo is also a longer drive away.
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- 5,884households
- 70%of adults have a degree
- 11%below the poverty line
- 28 mintypical commute
- 25%work from home
What residents work in
Employed residents by industry, from the Census survey.
Weather through the year
Coldest in January, with highs near 37° and lows near 22°; warmest in July, with highs near 83° and lows near 65°. About 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Westchester County Airport weather station, 5 miles away (NOAA).
Largest workplaces in Greenwich
- Greenwich School DistrictSchool district1,426FTE
- Greenwich HospitalGeneral hospital1,386FTE
- Town of GreenwichPublic administration659
- Bimbo Bakeries USACommercial bakeries268
- Greenwich Police DepartmentPublic administation police safety199
- Town of Greenwich Fire DepartmentFire and rescue service197
- Greenwich175
- QuickFire LogisticsExpress delivery services97
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 4,841 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- Strong windRelatively high
- HurricanesRelatively high
- Ice stormsRelatively high
- Winter weatherRelatively high
- Coastal floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across its planning region, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on and the Bridgeport-Stamford-Norwalk, CT metro.
Greenwich home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Greenwich$2,373,259
- Connecticut$447,319
- United States$366,157
Sellers are cutting prices on about 1 in 9 Greenwich listings, and the typical home goes pending in 21 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Greenwich11.19%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Greenwich21
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Greenwich173
New listings per month
Sellers arriving at the market.
- Greenwich61
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Greenwich$2,521,486
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Greenwich104.94%
Zip codes with a Greenwich address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Greenwich — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Greenwich
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 06830 | Greenwich | 24,880 | $4,215 | $2,532,903 |
| 06831 | Greenwich | 15,210 | $7,337 | $2,192,468 |
| 06878 | Riverside | 8,328 | $9,658 | $2,701,330 |
| 06870 | Old Greenwich | 7,864 | $8,503 | $2,700,097 |
| 06807 | Cos Cob | 7,650 | $7,862 | $1,855,891 |