The story of this market
The typical home in ZIP 06516 sells for about $395,000, or $238 per square foot.
Prices are up +11.2% 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 $1,442 a month.
ZIP 06516 — West Haven
The West Haven housing market is currently experiencing a competitive seller's market with rising home prices. Recent data indicates a year-over-year price increase of 11.2% and a median sale price of $395,000. Demand remains steady despite a slight increase in the time homes spend on the market.
Median prices moved up 11.2% year over year.
Homes spend a median of 44 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 7.3% · poverty 14.1% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06516
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.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.