The story of this market
The typical home in ZIP 06762 sells for about $735,000, or $219 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $398 a month.
ZIP 06762 — Middlebury
The housing market in the 06762 ZIP code, primarily serving Middlebury, reflects a high-value residential profile with a median home value of $452,000. Market conditions are influenced by the broader Waterbury regional trends, which currently show a neutral balance between supply and demand. Data for specific ZIP-level inventory and sales velocity is limited, necessitating reliance on regional market indicators.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 55 days on market with 1.4 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 4.0% · poverty 5.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06762, Middlebury 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.
Data sourced from US Census Bureau and UnitedStatesZipCodes.org
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.