06478 — New Haven County, Connecticut Market Snapshot
Housing market data for zip code 06478 in New Haven County, Connecticut. Updated monthly with median prices, days on market, and more.
Market Sales Data
15 sales in 2026 (year to date)
Median Sale Price
$635,000
Days to Sell
99
Homes Sold
15
Inventory
11
Sale-to-List
100.7%
New Listings
12
Price/SqFt
$300
Pending Sales
13
Conforming Loan Available
Most homebuyers in 06478 can comfortably use conventional financing. The median home price of $635,000 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
With homes sitting for 99 days on average, 06478 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 06478 (100.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 06478 can comfortably use conventional financing. The median home price of $635,000 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 06478 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 06478
To purchase the median home at $635,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,015.
Monthly Payment
$5,015
Income Required
$214,936
Principal & Interest
$3,913/mo
Down Payment (5%)
$31,750
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 06478.
Estimated Monthly Payment
$4,080
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