Shelton, Connecticut.
Typical home $561,999 (+4.8% in a year), asking rent $2,476 (+5.0%). Bridgeport-Stamford-Norwalk, CT metro.
to buy the typical home at today's mortgage rate — +$1,737 (+143%) since Jan 2020.
- 1 year
- Up $25,572 +5%
- $536,427$561,999 since Sep 2025
- 5 years
- Up $155,077 +38%
- $406,922$561,999 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.
- Shelton$2,950
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Shelton, CT rose 4.8% over the past year — faster than the nation's +1.2%.
Asking rents in Shelton, CT rose 5.0% over the past year — faster than the nation's +2.7%.
Owning the typical home in Shelton runs $1,935/mo more than renting one — the widest that gap has been in this data.
That is $4,412 a month against $2,476 rent: a $2,950 mortgage payment, plus $860 property tax and $602 insurance & upkeep.
Owning vs renting — Shelton
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$4,412
- Renting$2,476
- Mortgage only$2,950
Property tax · $860/mo 1.84% of value a year — the ACS 2017-2021 median bill over the median home value for Fairfield County, CT
Insurance & upkeep · $602/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 Shelton, Connecticut
Shelton is a city of 40,869 people in . Half its households earn more than $108,185 a year and half less; 7% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Shelton was 4.9% in August 2026. The most residents work in schools and health care, then manufacturing.
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. Shelton is a small city where most homes are lived in by their owners, and the typical home is worth a good deal more than the typical home across much of the country. Incomes run high, and the population leans a little older than the national picture. A fair number of adults hold a four-year degree, and a modest share of people work from home.
Work. Residents work mainly in schools, hospitals and social care, with manufacturing, professional and business services, and shops close behind. Among the biggest workplaces in Shelton are the Shelton School District, PerkinElmer U.S and Inline Plastics Inc. The typical commute is a fairly long one, and unemployment is a little higher than it was a year ago.
Things to do. Indian Well State Park, a protected area, lies in or beside town, and Osbornedale State Park and Silver Sands State Park are each a short drive away. Connecticut's Beardsley Zoo is also a short drive away, and a longer drive leads to the Yale University Art Gallery, a museum. Winters are cold and the summers warm, with a good deal of rain and melted snow through the year.
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- 16,096households
- 42%of adults have a degree
- 7%below the poverty line
- 30 mintypical commute
- 14%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 36° and lows near 18°; warmest in July, with highs near 82° and lows near 63°. About 52 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Ansonia Northeast weather station, 4 miles away (NOAA).
Largest workplaces in Shelton
- Service Management GroupBuilding cleaning services, janitorial1,816
- PerkinElmer U.SLaboratory instrument repair and maintenance services1,365
- Shelton School DistrictSchool district783FTE
- BudderflyEnergy consulting services413
- Inline Plastics Inc. (Connecticut)Fruits and vegetables, artificial, plastics, manufacturing394
- Sperry RailMaintenance of rights-of-way and structures, railway388
- Lockheed Martin Corporation US CT Shelton Platt Rd (5224)331
- Turner Construction CompanyCommercial building construction general contractors275
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 68 workplaces with 20 or more staff, 10,657 people in all. School districts come from the Common Core of Data (NCES, 2023–24); 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
- HurricanesRelatively high
- Ice stormsRelatively high
- Strong windRelatively high
- Winter weatherRelatively high
- LightningRelatively 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 moderate. 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.
Shelton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Shelton$561,999
- Connecticut$447,319
- United States$366,157
Sellers are cutting prices on about 1 in 3 Shelton listings, and the typical home goes pending in 12 days — the market is cooling.
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.
- Shelton29.92%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Shelton12
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Shelton109
New listings per month
Sellers arriving at the market.
- Shelton45
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Shelton$526,763
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Shelton101.77%
Zip codes with a Shelton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Shelton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.