The story of this market
The typical home in ZIP 06706 sells for about $299,000, or $184 per square foot.
Prices are up +6.8% from a year ago, so sellers still have some momentum. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,269 a month.
ZIP 06706 — Waterbury
The Waterbury housing market is experiencing moderate price appreciation with a 6.8% year-over-year increase in median sale prices. Demand remains steady, though inventory levels are balanced, resulting in a median of 78 days on market for active listings.
This area is suitable for budget-conscious family buyers and commuters looking for proximity to the Waterbury employment core.
Median prices moved up 6.8% year over year.
Homes spend a median of 78 days on market with 4.6 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.2% · poverty 25.6% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06706, Waterbury city, Connecticut
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 average commute time for residents in the Waterbury area is approximately 21.45 minutes.
The area provides access to local parks and shopping districts within the broader Waterbury city limits.
The rental market shows a median rent of $1,650 per month with a year-over-year increase of 3.13%.
The local economy is anchored by the broader Waterbury market, which features a mix of manufacturing, healthcare, and service-sector employers.
Waterbury is served by regional highway corridors and local transit infrastructure supporting the Naugatuck Valley.
Data retrieved from U.S. Census Bureau and U.S. News Real Estate profiles.
- Lake Compounce Amusement & Water Park4.210.1 mi
- Quassy Amusement & Waterpark4.56.6 mi
- Brownstone Adventure Sports Park4.419.8 mi
- Urban Air Trampoline and Adventure Park417.9 mi
- It Adventure Ropes Course4.617.5 mi
- Lake Compounce Amusement & Water Park4.210.1 mi
- Toyota Oakdale Theater4.410.7 mi
- Powder Ridge Mountain Park & Resort CT414.9 mi
- Cava Italian Restaurant3.59.5 mi
- Aqua Turf Club4.68.2 mi
- Lake Compounce Amusement & Water Park4.210.1 mi
- Quassy Amusement & Waterpark4.56.6 mi
- Hubbard Park4.79.7 mi
- Chick-fil-A4.510.8 mi
- AMC Southington 124.26.5 mi
- Lake Compounce Amusement & Water Park4.210.1 mi
- Yale Peabody Museum4.815.7 mi
- Yale University Art Gallery4.816.1 mi
- Castle Craig4.79.9 mi
- Kidcity Children's Museum4.819.3 mi
- Sleeping Giant State Park4.79.9 mi
- Hubbard Park4.79.7 mi
- Southford Falls State Park4.78.8 mi
- Black Rock State Park4.59.6 mi
- Norton Park4.611.8 mi
- The VUE CT3.710.3 mi
- Timberlin Golf Course4.512.2 mi
- Wheeler Family Traditions Golf Club4.112.9 mi
- The Farms Country Club4.79.1 mi
- Crestbrook Golf Course4.38.6 mi
- Brass Mill Center3.91.3 mi
- Meriden Mall3.911.2 mi
- Big Y4.32.6 mi
- Big Y4.512.5 mi
- ShopRite of Southbury4.311.7 mi
- Tweed New Haven Airport3.619.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.