New Haven housing market
Typical home value
$406K
▲ 4.9% 1 yr
Typical rent
$2,043/mo
▲ 2.7% 1 yr
12-month forecast
+2.8%
#158 of 546 metros
Gross rent yield
6.0%
#258 of 546 · U.S. 6.3%
Days to pending
28 days
▲ +2 days 1 yr
Listings with a price cut
24%
▲ +2.8 pts 1 yr
Key takeaways
- 1The typical home is worth $406,204, up 4.9% in a year and up 41% over five years.
- 2Zillow forecasts home values rising 2.8% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,043/mo (+2.7% YoY), a 6.0% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,232/mo in principal and interest, $189 more than renting.
- 5Homes go under contract in 28 days (+2 days vs last year); 24% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 55/100, #81 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How New Haven compares
| Measure | New Haven | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +4.9% | +1.2% | #75 |
| Home value, 5-yr change | +41.4% | +19.7% | |
| 12-month forecast | +2.8% | +1.1% | #158 |
| Rent, 1-yr change | +2.7% | +2.7% | #340 |
| Gross rent yield | 6.0% | 6.3% | #258 |
| Price-to-rent ratio | 16.6 | 15.8 | |
| Mortgage P&I on typical home | $2,232 | $2,012 | |
| Income needed to buy | $123,513 | $100,902 | |
| Days to pending | 28 | 56 |
Cities in the New Haven metro
10 cities with home value and rent data.
| New Haven | $337K | ▲ 6.5% | $1,972 | ▲ 1.7% | 7.0% |
| Waterbury | $285K | ▲ 3.6% | $1,551 | ▲ 2.1% | 6.5% |
| Hamden | $368K | ▲ 5.4% | $2,383 | ▲ 2.5% | 7.8% |
| Meriden | $326K | ▲ 4.4% | $1,873 | ▲ 2.3% | 6.9% |
| West Haven | $363K | ▲ 7.8% | $1,919 | ▲ 0.6% | 6.3% |
| Milford | $507K | ▲ 4.6% | $2,506 | ▲ 5.1% | 5.9% |
| Naugatuck | $352K | ▲ 3.3% | $1,895 | ▲ 2.7% | 6.5% |
| Branford | $462K | ▲ 6.8% | $2,464 | ▲ 3.2% | 6.4% |
| East Haven | $363K | ▲ 3.5% | $2,294 | ▲ 2.2% | 7.6% |
| Ansonia | $385K | ▲ 3.5% | $1,875 | ▲ 8.6% | 5.8% |
Run the numbers
Rental property calculator
Cash flow on a typical New Haven rental ($406K, $2,043/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical New Haven home.
Rent vs buy
Is it cheaper to rent or buy in New Haven?
Other Connecticut metros
Hartford, CT
$399K home$1,998 rent6.0% yield
▲ 5.1% 1 yr
Bridgeport, CT
$688K home$2,880 rent5.0% yield
▲ 6.2% 1 yr
Norwich, CT
$431K home$2,099 rent5.8% yield
▲ 7.0% 1 yr
Torrington, CT
$424K home$1,882 rent5.3% yield
▲ 2.8% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.