New Haven CT Real Estate - New Haven CT Homes For Sale | Zillow (2024)

FAQs

Are CT home prices dropping? ›

Connecticut's median sale price as of May 2024 was $425,500, which is an 8% increase year-over-year according to Redfin's monthly housing data. Connecticut's average home price is relatively average for the nation, though it's steadily increasing alongside other U.S. properties.

Neighborhoods like West Hills, West Rock, East Rock, and Fair Haven East are among the safest in the area. The area around Forest Road and Fountain Street is rated the safest section of town.

Best Time to Sell Your House for a Higher Price

June, July, and August are the best months to sell your house in Connecticut. The median sale price of houses in June 2023 was $430,300, which is expected to rise in 2024. However, cities like Manchester and Middletown follow an upward trend throughout the year.

The report concludes that the housing affordability crisis is rooted in a shortage of homes in New Haven and Connecticut at large, which has led to ​“historic lows,” as Viederman put it, in the city's vacancy rate — the number of unoccupied housing units in the city.

Connecticut real estate markets continue to be slanted in favor of sellers, including in the Hartford area, which ranks as the 16th toughest market for buyers nationally, according to the latest installment of a Zillow "market heat" index.

The state's housing vacancy rate is about half the national average. The state lacks about 92,000 affordable housing units. A recent report declared that Connecticut is the worst state in the U.S. for renters.

Explore New Haven, CT

There are 20 neighborhoods in New Haven. East Rock has a median listing home price of $695K, making it the most expensive neighborhood.

Woodbridge

Just five miles from downtown New Haven, Woodbridge is approximately 80 miles east of New York City, 40 miles south of Hartford, and 130 miles southwest of Boston. The town is intersected by several major highways, and also served by bus and passenger rail services.

06410. #1 Best ZIP Codes to Live in New Haven County.

The worst time to sell a house is typically during the winter months, particularly in December, January, and February. During this period, bad weather can deter potential buyers from attending open houses, and many people are preoccupied with holiday activities and planning.

What month do most people sell houses? ›

June is the most popular month to list a house for sale. Premiums (the amount above the asking price) are highest in May, but total selling prices are higher in June and July. Premiums are still in the double-digits for those months, suggesting sellers still come out ahead.

Best day for the fastest sale

Listing your property on a Thursday can help sell a home fast as well as for the best price, the Zillow study found. This time frame gives sellers enough time to have multiple showings over the weekend — and, hopefully, an offer or two by Monday.

The Hill, Dixwell, Newhallville, and Fair Haven are the dangerous neighborhoods based on crime rate reported per 100000 people. Are there unsafe areas in New Haven, US? Hill section and Dixwell Ave.

Since 2020, New Haven has had population growth rate of approximately 1.8 percent per year.

New Haven, Connecticut is generally a good town to live in. There are many opportunities here for those who have high amount of money. New Haven is a very expensive town to live in regardless of you status. As a college student, it is nearly impossible to afford rent.

If You Are a Home Buyer: With an inventory of 9,971 properties and the potential for further price drops, now is a good time to buy your new home. The low interest rates at 5.98% are also in your favor. Consider negotiating for seller concessions to further benefit from the purchase.

Specifically, inventory levels will likely remain suppressed in Connecticut due to low housing supply. “There just aren't enough homes for sale in our housing market, and that's creating higher prices,” said Greater Hartford Association of Realtors CEO Holly Callanan.

There are currently 9,814 homes for sale in Connecticut. The median list price in Connecticut is $455,000 and the average price per square foot is $241.

The median home price in California rose to more than $900,000 for the first time ever in April, setting a record for the state, according to recent data from the California Association of Realtors. That average has risen 11.4% since April 2023, jumping to $904,210.