The story of this market
The typical home in ZIP 06471 sells for about $479,900, or $247 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,980 a month.
ZIP 06471 — North Branford
The housing market in 06471 shows stable pricing with a median list price of $479,900 and a balanced inventory of 17 active listings. Market activity is driven by its appeal to commuters working in the New Haven and Waterbury regions. Current data reflects a steady environment with homes selling near asking price.
This ZIP is well-suited for family buyers and commuters seeking a residential environment with access to larger employment centers in the New Haven and Waterbury regions.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 37 days on market with 0.0 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 7.8% · poverty 3.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06471, New Haven 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.
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.
The area is located in central Connecticut with access to regional highways, serving as a residential base for commuters to nearby employment hubs like New Haven.
The area features local parks and proximity to regional amenities in the Waterbury and New Haven areas, including local boutiques and restaurants.
The rental market is characterized by moderate demand with a median rent of approximately $1,650 per month.
The local economy is integrated into the broader South Central Connecticut region, with employment opportunities centered in nearby New Haven and Waterbury.
The area relies on regional highway corridors for access to employment centers in New Haven and Hartford.
Data sourced from United States Zip Codes and Census ACS profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.