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Stamford Ranked 186th Healthiest Housing Market In U.S.

This house at 41 West Rock Trail in Stamford recently sold for $1.15 million.
This house at 41 West Rock Trail in Stamford recently sold for $1.15 million. Photo Credit: File

FAIRFIELD COUNTY, Conn. -- The housing market continues to recover across the nation, but two cities in Fairfield County don't rank very high on a list of healthiest housing markets, according to a story on wallethub.com.

A lower unemployment rate -- it's dipped to a seven-year low of 5.3 percent -- increasing rent prices and rising consumer confidence may encourage lenders to provide loans to more first-time home buyers, wallethub.com said.

To help prospective home buyers find the most attractive markets, WalletHub compared 300 U.S. cities across 14 key metrics. The data analyzed includes median home-price appreciation, home price as a percentage of income, job growth, foreclosure rate, population growth and the unemployment rate. 

Stamford ranked No. 186 on the list; Bridgeport came in at No. 287.

Read the full report here.

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