New Haven, CT Home Values & Market Trends

Real estate market trends reflect that there have been 960 transactions over the past year in New Haven. The median value for residential home transactions that occurred over the previous year is $305,087.82. The number of current listings in New Haven is 68, and the percentage of properties for sale in the city is 68.00%. New Haven, CT currently has 71 properties in foreclosure, 8 bank owned properties, 12 properties headed for auction, and 68 properties for sale.

New Haven, CT Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
06511

$ 352,650

$ 226/sqft

06519

$ 295,000

$ 144/sqft

06513

$ 273,500

$ 182/sqft

06510

$ --

$ --

06515

$ 340,092

$ 225/sqft

Housing Market Summary for New Haven, CT

Apr 2023March 2024Change
Median Listing Price$314.5K$280.1K-10.95%
Median Sold Price$240.4K$280.1K16.49%
Homes For Sale6258-6.45%
Homes Sold429373-13.05%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in New Haven, CT

New Haven home values range from $49,554 to $2,283,968. The median estimated value of a home in New Haven is $305,087.82. The median list price of a home is 299,450, and the total count of properties in the city is 20,260.

Foreclosure
There are 5 zips within New Haven, CT; within these zips, the median estimated home value for homes in foreclosure ranges from $363,750 in 06513 to the lowest value of $130,250 in 06513. Foreclosure homes account for 0.00% of properties in New Haven, CT with 06511 containing 29 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.25% of all residential properties in New Haven, CT with 06511 containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within New Haven, CT; of those zips, the estimated home value for pre-foreclosure homes ranges from $586,500 in 06515 to the lowest home value of $130,250 in 06513.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in New Haven, CT ranges from the highest value of $330,500 in 06513 to the lowest value of $143,750 in 06513. Bank owned homes and properties account for 0.04% of properties in New Haven, CT. There are 5 zips within New Haven, CT; 06513 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    06511 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of New Haven, CT. Auction homes and other auction properties account for 0.06% of all properties in New Haven, CT. There are 5 zips within New Haven, CT; of those zips, the median estimated home value for homes going to auction ranges from $500,000 in 06519 to the lowest value of $162,200 in 06519.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in New Haven, CT with 06511 containing 22 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within New Haven, CT; homes for sale in those zips, have a range of median values from $759,400 in 06515 to the lowest value of $151,800 in 06511.
    Sold Homes
    The median value for recently sold homes ranges from $821,604 in 06510 to the lowest price of $55,165 in 06510. There are 5 zips within New Haven, CT. 06513 has 144 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.76% of properties in New Haven, CT.

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      Guide for New Haven, CT

      Market Reports
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Market Reports|posted 3 April 2024

      This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.