The story of this market
The typical home in ZIP 06249 sells for about $425,000, or $352 per square foot.
Prices are up +16.1% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,630 a month.
ZIP 06249 — Lebanon
The 06249 housing market is characterized by low inventory and high demand, leading to significant year-over-year price appreciation. With only 15 active listings and a very low months-of-supply metric, the market remains highly competitive for the limited available stock. These conditions are driven by the area's rural appeal and limited new construction.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with significant space, rather than commuters or urban-focused renters.
Median prices moved up 16.1% year over year.
Homes spend a median of 44 days on market with 0.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 4.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06249, Windham County CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Eastford School District, which maintains a small-town educational environment.
The region is subject to standard New England climate risks, including winter storms and potential flooding in low-lying areas.
Economic momentum is driven by local agricultural and small-business sectors with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
Commuting typically requires personal vehicle use, with residents traveling to employment hubs in the Norwich-New London or Hartford regions.
The area features significant rural open space, including access to Natchaug State Forest and local trails for outdoor recreation.
The rental market is limited in depth due to the predominantly single-family housing stock and low turnover rates.
The local economy is primarily rural and residential, with residents largely commuting to larger employment centers in the Norwich-New London metro area.
Public transit is virtually non-existent; the area relies entirely on regional highway corridors for access to employment centers.
Development is strictly limited by local zoning, focusing on preserving the rural character of the town.
Parcels are subject to the Eastford School District and standard municipal utility and fire district assessments.
Property insurance premiums are influenced by regional wildfire and storm risk profiles common to rural Connecticut.
Data derived from ZCTA-level census tables and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Mashantucket, CT3.817.8 mi
- Supercharged Indoor Karting and Axe Throwing4.415.1 mi
- The Dinosaur Place4.414.5 mi
- Nature's Art Village4.514.5 mi
- Spare Time Vernon4.519.8 mi
- Mohegan Sun4.512.1 mi
- Foxwoods Resort Casino4.317.5 mi
- Mohegan Sun Arena4.612.2 mi
- Harry A. Gampel Pavilion4.711.5 mi
- Supercharged Indoor Karting and Axe Throwing4.415.1 mi
- Mansfield Drive-in Theatre & Marketplace4.67.3 mi
- AMC CLASSIC Lisbon 124.112.2 mi
- Mohegan Park4.69.9 mi
- Diana's Pool4.610.3 mi
- Priam Vineyards a Winiarski Family Vineyard4.511.1 mi
- Gillette Castle State Park4.718.8 mi
- Mashantucket Pequot Museum & Research Center4.717.7 mi
- Nature's Art Village4.514.5 mi
- Submarine Force Library & Museum4.818.7 mi
- USS Nautilus4.818.7 mi
- Mohegan Park4.69.9 mi
- Diana's Pool4.610.3 mi
- Mansfield Hollow State Park4.78.4 mi
- Gardner Lake State Park4.39.8 mi
- Salmon River State Forest4.712.8 mi
- Norwich Marina4.510.7 mi
- Blackledge Country Club4.512.1 mi
- Mohegan Sun Golf Club4.25.2 mi
- River Ridge Golf Course4.212.8 mi
- Windham Golf Course3.96 mi
- Chanticlair Golf Course3.97.9 mi
- ShopRite of Norwich4.110.6 mi
- Big Y4.412.8 mi
- Big Y4.46.7 mi
- Price Chopper4.111.2 mi
- Big Y4.310.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state forest offering extensive hiking, fishing, and outdoor recreation opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.