The story of this market
The typical home in ZIP 06517 sells for about $449,900, or $265 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,378 a month.
ZIP 06517 — Hamden
The housing market in 06517 remains stable with moderate price appreciation driven by low inventory and consistent demand from professionals. While interest rates have influenced buyer activity, the area's proximity to major employment hubs in New Haven continues to support property values and rental demand.
This ZIP is well-suited for family buyers seeking established neighborhoods, commuters working in the New Haven medical and academic sectors, and downsizers looking for a balance of suburban amenities and urban accessibility.
Median prices moved up 3.2% year over year.
Homes spend a median of 42 days on market with 3.8 months of supply — a fast-moving market.
18% 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 4.5% · poverty 8.6% — 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 6.6%/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 3.7%/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 06517, 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.
Crime rates in Hamden are generally consistent with regional averages for New Haven County, with property crime being the primary concern. Local law enforcement maintains active community policing initiatives to address neighborhood safety.
Schools serving the area are part of the Hamden Public Schools district, which provides a range of educational programs; performance ratings vary by individual school facility.
The area faces standard regional risks for New England, including winter storm impacts and occasional heavy rainfall events; flood insurance is recommended for properties in low-lying zones near local water bodies.
Economic momentum is driven by proximity to major educational and healthcare institutions in the New Haven area, including Yale University and associated medical centers. Infrastructure improvements focus on maintaining transit connectivity to the broader regional employment core.
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 benefit from direct access to the Wilbur Cross Parkway (Route 15) and proximity to I-91, facilitating commutes to New Haven and Hartford. Public transit options include local bus routes connecting to the New Haven transit hub.
The area features access to Sleeping Giant State Park for hiking and outdoor recreation, alongside local community parks and neighborhood shopping centers along the Dixwell Avenue corridor.
The rental market is characterized by steady demand from students and professionals working in the New Haven metro area, with moderate vacancy pressure and rising rent trajectories.
The local economy is anchored by the education, healthcare, and professional services sectors, heavily influenced by the proximity to Yale University and the New Haven regional labor market.
Development activity is focused on infill residential projects and the modernization of existing commercial corridors to support population growth.
Parcels are subject to municipal property taxes and regional school district levies; no significant MUD/PID districts are reported.
Property insurance premiums are stable but reflect regional exposure to wind and storm-related risks common in coastal Connecticut.
Data retrieved from Census Reporter and Neilsberg Insights based on ZCTA 06517 boundaries.
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.
Major regional park offering extensive hiking trails and scenic views.
Primary retail and dining hub serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.