Market Overview
Home Prices in Colebrook, CT
The median home value in Colebrook, CT is $415,948 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colebrook are priced1% above average. Colebrook is part of the Torrington, CT metro area.
Over the past five years, Colebrook home values have risen by approximately39.3%, reflecting strong long-term appreciation in this market.
Price History
Colebrook Home Price Trend
City Comparison
Colebrook vs. National Median
At $415,948, homes in Colebrook cost 1% above the national median of $410,000. Buyers in Colebrook should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Colebrook?
20% Down Payment
$83,190
on $415,948
Monthly P&I
$2,169/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,755/mo
incl. taxes & insurance
Income Needed
$110,200
gross annual (30% rule)
10% Down Option
$41,595
+ PMI applies
Loan Amount (20% dn)
$332,758
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 Colebrook, CT?
The median home value in Colebrook is $415,948 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Colebrook?
Over the past year, home values in Colebrook have increased by 4.5%. Over five years, prices have risen approximately 39.3%.
How much do I need to earn to buy a home in Colebrook?
To comfortably afford the median home price of $415,948 with a 20% down payment ($83,190) at today's rates (6.8%), you'd need a gross annual income of approximately $110,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Colebrook compare to the national average home price?
The national median home value is approximately $410,000. At $415,948, homes in Colebrook are 1% above the national average.
What metro area is Colebrook part of?
Colebrook is part of the Torrington, CT metropolitan area. Home prices and market conditions can vary across the broader metro region.