06511 — New Haven County, Connecticut Market Snapshot

Housing market data for zip code 06511 in New Haven County, Connecticut. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

69 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$500,000

57.5% YoYClosed sales

Days to Sell

47

Median, listing to close

Homes Sold

69

Closed in 2026

Inventory

73

Sale-to-List

102.0%

New Listings

112

Price/SqFt

$228

Pending Sales

96

Conforming Loan Available

Most homebuyers in 06511 can comfortably use conventional financing. The median home price of $500,000 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

06511's market is balanced with homes taking an average of 47 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 06511 (102.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 06511 can comfortably use conventional financing. The median home price of $500,000 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 06511 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 06511

To purchase the median home at $500,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,981.

Monthly Payment

$3,981

Income Required

$170,607

Principal & Interest

$3,081/mo

Down Payment (5%)

$25,000

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 06511.

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Estimated Monthly Payment

$3,244

Principal & Interest$2,594
Property Tax$500
Insurance$150
Loan Amount$400,000
Total Interest$533,980
Income Required$139,045/yr

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