The story of this market
The typical home in ZIP 06498 sells for about $700,000, or $427 per square foot.
Homes take about 3 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,425 a month.
ZIP 06498 — Westbrook
The housing market in 06498 shows a median listing price of $700,000 and a median rent of $2,900 per month. Specific figures for inventory, sales volume, and demographic data are not currently published at the ZIP level. Market activity is characterized by coastal demand along the Connecticut shoreline.
This area is suitable for those seeking coastal living, including potential family buyers and those interested in the Connecticut shoreline lifestyle.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 3 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 7.0% — a stable, low-distress profile.
ZIP code tabulation area 06498
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 near the Connecticut shoreline, providing access to beaches, marinas, and local town amenities.
The rental market shows steady demand with a median asking rent of $2,900 per month.
Provides access to beaches and marinas.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).