The story of this market
The typical home in ZIP 06438 sells for about $376,500, or $205 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,662 a month.
ZIP 06438 — Haddam
The housing market in 06438 remains stable with low inventory and steady demand from buyers seeking rural living. Prices have seen modest year-over-year growth, supported by high household incomes and limited supply. Market conditions are currently balanced, though the lack of new construction keeps upward pressure on existing home values.
This ZIP is best suited for families and professionals seeking a quiet, rural lifestyle with access to outdoor recreation, while remaining within a reasonable commuting distance to major Connecticut employment hubs.
Median prices moved up 3.2% year over year.
Homes spend a median of 57 days on market with 3.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 3.3% — 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 3.1%/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
ZCTA 06438, 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.
Haddam generally experiences low crime rates, consistent with the rural character of Middlesex County and significantly lower than the national average.
Schools serving the area are part of Regional School District 17, which is generally well-regarded for its academic performance and community-focused environment.
The area is subject to standard New England climate risks, including winter storms and potential flooding near the Connecticut River, with insurance premiums reflecting regional hazard exposure.
Economic momentum is driven by proximity to regional employment hubs in Middletown and Hartford, with limited large-scale commercial development maintaining the town's rural aesthetic.
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 primarily commute by car to employment centers in Middletown and Hartford via Route 9, with limited public transit options available.
The area features extensive outdoor amenities including Haddam Meadows State Park, the Connecticut River for boating, and various hiking trails within the Cockaponset State Forest.
The rental market is limited in depth, characterized by low vacancy pressure and a mix of single-family rentals and small-scale multi-family units.
The local economy is supported by small businesses, agriculture, and proximity to the larger industrial and service-sector employers in the Middletown and Hartford metro areas.
Transportation is heavily reliant on private vehicles, with Route 9 serving as the primary arterial corridor connecting the area to the regional highway network.
Development is strictly managed through local zoning to preserve the town's historic and rural character, with no major high-density projects currently approved.
Not applicable for ZIP level.
Parcels are subject to Regional School District 17 taxes and local municipal levies for town services.
Property insurance remains stable, though premiums are influenced by regional flood risk assessments near the Connecticut River.
Not applicable for ZIP level.
Not applicable for ZIP level.
Not applicable for ZIP level.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Large riverside park offering boat launches and picnic areas.
Extensive trail network for hiking and outdoor recreation.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).