The story of this market
The typical home in ZIP 06424 sells for about $425,000, or $235 per square foot.
Prices are up +12.7% from a year ago, so sellers still have some momentum. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $1,408 a month.
ZIP 06424 — East Hampton
The housing market in 06424 remains competitive with low inventory and steady demand, particularly for single-family homes. While price growth has moderated compared to the peak of the pandemic, the area continues to see strong interest from buyers seeking suburban lifestyle amenities. The market is currently balanced by a slight increase in days on market, providing a more sustainable pace for both buyers and sellers.
This ZIP code is ideal for families and established professionals who prioritize a quiet, lakeside suburban environment. It is well-suited for commuters working in the Hartford area who desire a balance between accessibility and recreational amenities.
Median prices moved up 12.7% year over year.
Homes spend a median of 47 days on market with 3.2 months of supply — a fast-moving market.
15% 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 3.7% · poverty 3.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 06424, Middlesex 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.
Crime rates in East Hampton are generally low, with the area experiencing significantly lower violent and property crime rates compared to the national average. The town maintains a stable safety profile consistent with small-town Connecticut.
The East Hampton Public School District is generally characterized as stable, with schools like East Hampton High School and East Hampton Middle School receiving moderate ratings. The district is noted for its community-focused approach and consistent academic performance.
The area faces moderate flood risk, particularly for properties surrounding Lake Pocotopaug, which is designated in certain areas as a flood hazard zone. Residents are also advised of radon potential, which is common throughout the region.
Economic momentum is driven by the town's appeal as a residential hub for commuters to the Hartford area, supported by the recreational draw of Lake Pocotopaug. Infrastructure development is primarily focused on municipal improvements and maintaining the town's suburban character.
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.
Residents typically face a commute of approximately 30 minutes, primarily utilizing regional arterials to reach employment centers in the Hartford-West Hartford-East Hartford metropolitan area.
The area is anchored by Lake Pocotopaug, which offers boating, fishing, and swimming, alongside local parks and the Air Line State Park Trail. The town center provides a selection of local dining and retail options.
The rental market is characterized by low vacancy rates and limited inventory, with demand driven by those seeking a suburban lifestyle. Short-term rentals are present but regulated by local town ordinances.
The local economy is largely service-oriented, with many residents commuting to the broader Hartford metropolitan area for employment in insurance, healthcare, and government sectors.
Transportation is heavily reliant on private vehicles, with access to major highways like Route 2 facilitating commutes to Hartford.
Planning efforts are focused on maintaining the town's rural-suburban character while managing growth around the lake and town center.
The town assessor's office conducts periodic revaluations to ensure assessments reflect current market conditions at the 70% ratio.
The area is served by the East Hampton Public School District, with no additional special utility or hospital districts reported.
Property insurance premiums are influenced by the area's proximity to water bodies and the associated flood risk, with standard coverage available through major state carriers.
Data retrieved from data.census.gov for ZCTA 06424.
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.
A major recreational anchor for the town, offering boating and fishing.
A multi-use trail popular for hiking and cycling.
Preserves the local history of the East Hampton area.
Key-figure check: median price diverges 41.2% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $600,000 (41.2% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $600,000 (+41.2% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.