CT · Metro #68

New Haven - CT housing market

The New Haven metro has a typical home value of $406,204, up 4.9% from a year ago. Homes are moving fast at 12 days on market, a strong seller's market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$406,204
+4.9% vs. year ago
Median sale price
$391,772
+7.7% YoY
Median list price
$399,900
Sale-to-list ratio
102.2%
Selling above ask
Days on market
12d
Listings w/ price cut
24.4%
New listings / mo
796
+3.0% YoY
Homes for sale
1,992
+10.9% YoY
Typical rent
$2,043/mo
+2.8% YoY
Income needed to buy
$118,200
Rent vs buy
16.6x
October 2026 report · Zillow data through September 2026

New Haven housing market, October 2026

The typical New Haven home is worth $406,204 as of September 2026, up 0.3% from the prior month, up 1.0% over three months, and up 4.9% from a year ago. Over the past two years values have ranged from $375,812 to $406,204.

Homes are going pending in about 12 days, slower than the 8 days seen three months earlier. There are roughly 1,992 homes for sale, 11% more than a year ago. 24.4% of listings have taken a price cut (up from 19.2% three months ago).

Typical rent is $2,043 a month, up 2.8% year over year, which puts the price-to-rent ratio at 16.6.

At this week's 7.40% mortgage rate with 20% down ($81,241), the typical New Haven home costs about $2,758 a month including tax and insurance, which needs a household income of roughly $118,200 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$406k$376kOct 24Oct 25Sep 26
Days to pending, 24 months
19d7dOct 24Oct 25Sep 26
Homes for sale, 24 months
2.0k1.2kOct 24Oct 25Sep 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($406,204) is the Zillow Home Value Index for the New Haven - CT metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.9% over the past year. In New Haven - CT, that means a home worth $387,230 last year is now worth roughly $406,204.

The median sale price, what homes actually close for, is $391,772. Homes are selling at 102.2% of list price, meaning buyers are typically paying at or above asking.

Homes listed in New Haven - CT sit on the market for roughly 12 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 796 new listings hit the market each month in New Haven - CT. There are currently 1,992 homes for sale, up 10.9% from a year ago.

The typical monthly rent in New Haven - CT is $2,043, up 2.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.6x, toss-up (#107 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,250 a month in principal and interest, $207 more than renting before taxes, insurance and upkeep. The two break even at a 6.45% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →

Related

Other metros in CT

MetroHome value1-yr changeDays on market
Hartford - CT$398,703 +5.1% 8.0d
Bridgeport - CT$687,644 +6.2% 16.0d
Norwich - CT$430,914 +7.0% 9.0d
Get new posts in your inbox. No spam, unsubscribe anytime.