MonitorBankRates
☰
New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Litchfield, CT Housing Affordability Index

Litchfield, Connecticut has an MBR Housing Affordability Index score of 92.9 (Near National Average) as of October 30, 2026, ranking 49th most affordable of 95 scored Connecticut cities, compared with 87.5 statewide and 97.4 nationally. On a median-priced $409,000 home with 20% down, the Connecticut average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $2,232, or 24% of the city’s $109,773 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Litchfield is updated every night from live Connecticut mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Litchfield MBR-HAI 92.9 Near National Average
Rank in Connecticut 49 of 95 1 = most affordable
Connecticut 87.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% Connecticut lenders
Median home value $409,000 U.S. Census Bureau

Litchfield is 5.4 points above the Connecticut score. Scores as of October 30, 2026. See the Connecticut index

View Litchfield Mortgage Rates

What It Takes to Buy in Litchfield

$2,232/mo
Principal & Interest
Median home, 20% down, 7.25%
$95,600
Income Needed
To keep the payment at 28% of income
$109,773
Median Household Income
Connecticut: $95,781
3.7x
Price-to-Income Ratio
Connecticut: 3.8x
$1,905/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$6,273/yr
Median Property Tax
1.53% of median value
24.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
40.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Litchfield, Connecticut. The rate is the Connecticut average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Litchfield Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Litchfield, Connecticut score: 92.9 (Near National Average), ranked 49 of 95 Connecticut cities. monitorbankrates.com/housing-affordability-index/connecticut/litchfield”