Market Overview
Home Prices in Bantam, CT
The median home value in Bantam, CT is $391,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 6.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bantam are priced4% below average. Bantam is part of the Torrington, CT metro area.
Over the past five years, Bantam home values have risen by approximately35.9%, reflecting strong long-term appreciation in this market.
Price History
Bantam Home Price Trend
City Comparison
Bantam vs. National Median
At $391,821, homes in Bantam cost 4% below the national median of $410,000. This makes Bantam a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bantam?
20% Down Payment
$78,364
on $391,821
Monthly P&I
$2,044/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,596/mo
incl. taxes & insurance
Income Needed
$103,840
gross annual (30% rule)
10% Down Option
$39,182
+ PMI applies
Loan Amount (20% dn)
$313,457
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bantam, CT?
The median home value in Bantam is $391,821 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Bantam?
Over the past year, home values in Bantam have increased by 1%. Over five years, prices have risen approximately 35.9%.
How much do I need to earn to buy a home in Bantam?
To comfortably afford the median home price of $391,821 with a 20% down payment ($78,364) at today's rates (6.8%), you'd need a gross annual income of approximately $103,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Bantam compare to the national average home price?
The national median home value is approximately $410,000. At $391,821, homes in Bantam are 4% below the national average.
What metro area is Bantam part of?
Bantam is part of the Torrington, CT metropolitan area. Home prices and market conditions can vary across the broader metro region.