06238 — Tolland County, Connecticut Market Snapshot
Housing market data for zip code 06238 in Tolland County, Connecticut. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$397,500
Days to Sell
22
Homes Sold
22
Inventory
10
Sale-to-List
102.5%
New Listings
31
Price/SqFt
$241
Pending Sales
28
Conforming Loan Available
Most homebuyers in 06238 can comfortably use conventional financing. The median home price of $397,500 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
Homes in 06238 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 06238 are selling 2.5% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 06238 can comfortably use conventional financing. The median home price of $397,500 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 06238 are set at the county level.
2026 Loan Limits — Tolland 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 06238
To purchase the median home at $397,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,196.
Monthly Payment
$3,196
Income Required
$136,951
Principal & Interest
$2,449/mo
Down Payment (5%)
$19,875
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 06238.
Estimated Monthly Payment
$2,610
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 06238. Tell us what you're looking for.