Housing is Hot in Stratford’s Paradise Green Neighborhood

Paradise Green is a quaint North-end neighborhood in the Fairfield County suburb of Stratford. This neighborhood is nestled along the beautiful Housatonic River that empties out into Long Island Sound next to Milford. It’s located above I95 and below the route 15 Merritt Parkway. In the center of the neighborhood is Paradise Green Park, a large triangular shaped green situated between Huntington road and Main Street where the farmers market operates during the summer months.

The Paradise Green neighborhood is within walking distance to Longbrook Park, which is next to beautiful new athletic fields, and offers many shops and restaurants on Main Street. On Main Street you’ll find brick oven fired pizza, a wine shop, an American tavern, a donut shop, bakeries, coffee shops, Italian restaurants and more. This area is excellent for commuters due to its convenient location. Paradise Green residents will enjoy a 5 minute drive up north to get on the Merritt Parkway or a 5 minute drive south down to the Stratford metro north train station.

Fairfield County is now experiencing a very hot seller’s market this year due to several factors; read more about that here. Paradise Green is arguably one of the best neighborhoods in Stratford due to its convenient location, good schools and amenities. This neighborhood has beautiful mature tree-lined streets with sidewalks, offering a high quality of living in a peaceful suburban setting that’s perfect for families. New York City transplants and Connecticut homebuyers looking for a safe and affordable place to call home often land here.

Homes in this area are well-kept and often extensively updated with a wide range of styles to choose from. Smaller ranch homes, two story colonials and a mix of large and small pre-war homes can be found here. Pre-war homes are more rare as the building boom in town didn’t take place until the post-war years once servicemen returned home. With the support of the 1944 GI bill promoting home ownership, low interest mortgages helped fuel the growth of the suburbs.

The Great Recession from 2007-2009 had a large impact here in Town. Foreclosed homes resulting from this recession were still widely available in 2015-2016 when I began looking at homes in Stratford. However, from 2015-2019 home prices recovered dramatically, nearing pre-recession levels. The pandemic in 2020 has further pushed the already hot market into an even hotter one, with homes going under contract within a day or two and prices at or above historical peaks.

Even with home prices continuing to rise, Stratford still offers the best value proposition in Fairfield County today. Beautifully updated 3 bedroom homes in the $350,000 price range in Stratford would easily reach into the $500,000 range and beyond in the town of Fairfield, just over 10 minutes drive away. While these two towns offer different benefits, the fact remains that Paradise Green offers quite a lot for those looking to affordably break into a Fairfield County town on the metro north train line.

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Suggested Reading:

The Book on Negotiating Real Estate: Expert Strategies for Getting the Best Deals

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