Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$406,207+4.9% YoY · prices are rising fast
Income needed to buy, per year$88,057About 1.2× the local median income ($75,094): a stretch for a typical household
The typical home in New Haven County, CT is worth $406,207, up 4.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $345,167, so the area is 17.7% overvalued. A household needs about $88,057 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,094. Typical rent is $2,043 a month. In the latest IRS figures, 347 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$406,207
Change in 1 year
+4.9%
Overvalued %
+17.7%
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Fair home value
$345,167
Change in 5 years
+41.4%
Home value to income
5.4×
Monthly mortgage payment (20% down)
$2,201
Income needed to afford it
$88,057
Property tax rate
2.32%
Rent and investing
Typical rent
$2,043
Price-to-rent ratio
16.6×
HUD Fair Market Rent, 2 bedrooms
$1,779
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Gross rental yield
6.03%
Cap rate (estimate)
3.92%
People and jobs
Median household income
$75,094
Population change (1 year)
−0.3%
Unemployment rate
6.7%
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Population
854,757
Income adjusted for cost of living
$76,006
Net moves in (IRS)
−347
Cost of living (US = 100)
97.9
Schools, risk and environment
Unhealthy air days a year
13
Walkability (1 to 20)
10.7
Road, rail and air noise
53 dB
Questions people ask
Is New Haven County, CT overvalued?
Home prices in New Haven County, CT are well above what local incomes have historically supported: fair value is about $345,167, so the area is 17.7% overvalued.
Are home prices going down in New Haven County, CT?
Home values in New Haven County, CT are up 4.9% over the last year.
How much do you need to earn to buy a home in New Haven County, CT?
A household needs about $88,057 a year to afford the typical home in New Haven County, CT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,094.