06514 — New Haven County, Connecticut Market Snapshot

Housing market data for zip code 06514 in New Haven County, Connecticut. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

61 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$324,900

-31.6% YoYClosed sales

Days to Sell

41

Median, listing to close

Homes Sold

61

Closed in 2026

Inventory

72

Sale-to-List

101.3%

New Listings

108

Price/SqFt

$231

Pending Sales

91

Conforming Loan Available

Most homebuyers in 06514 can comfortably use conventional financing. The median home price of $324,900 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

06514's market is balanced with homes taking an average of 41 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 06514 (101.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 06514 can comfortably use conventional financing. The median home price of $324,900 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 06514 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 06514

To purchase the median home at $324,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,639.

Monthly Payment

$2,639

Income Required

$113,112

Principal & Interest

$2,002/mo

Down Payment (5%)

$16,245

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 06514.

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Estimated Monthly Payment

$2,161

Principal & Interest$1,686
Property Tax$325
Insurance$150
Loan Amount$259,920
Total Interest$346,982
Income Required$92,603/yr

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