The housing market in New Haven, CT (zip code 06511) is performing very well. The median value of housing in this area is $282,700, which is quite a bit lower than the US median house value of $338,100. However, the 1 year house appreciation rate for this area is 13.84%, which is higher than the national average of 8.27%. This shows that investing in New Haven real estate can be a great decision for potential buyers and investors.
The median home cost in New Haven (zip 06511) is $282,700. Home appreciation the last 10 years has been 54.1%. Home Appreciation in New Haven (zip 06511) is up 14.8%.
Average Age of Homes
- The median age of New Haven (zip 06511) real estate is 78 years old
The Rental Market in New Haven (zip 06511)
- Renters make up 66.4% of the New Haven (zip 06511) population
- 5.4% of houses and apartments in New Haven (zip 06511), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.