06461 — New Haven County, Connecticut Market Snapshot
Housing market data for zip code 06461 in New Haven County, Connecticut. Updated monthly with median prices, days on market, and more.
Market Sales Data
42 sales in 2026 (year to date)
Median Sale Price
$502,500
Days to Sell
53
Homes Sold
42
Inventory
31
Sale-to-List
101.1%
New Listings
65
Price/SqFt
$309
Pending Sales
63
Conforming Loan Available
Most homebuyers in 06461 can comfortably use conventional financing. The median home price of $502,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
06461's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 06461 (101.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 06461 can comfortably use conventional financing. The median home price of $502,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 06461 are set at the county level.
2026 Loan Limits — New Haven County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 06461
To purchase the median home at $502,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,000.
Monthly Payment
$4,000
Income Required
$171,429
Principal & Interest
$3,096/mo
Down Payment (5%)
$25,125
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 06461.
Estimated Monthly Payment
$3,260
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 06461. Tell us what you're looking for.