06515 — New Haven County, Connecticut Market Snapshot

Housing market data for zip code 06515 in New Haven County, Connecticut. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

24 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$357,250

Closed sales

Days to Sell

47

Median, listing to close

Homes Sold

24

Closed in 2026

Inventory

19

Sale-to-List

103.0%

New Listings

42

Price/SqFt

$239

Pending Sales

34

Conforming Loan Available

Most homebuyers in 06515 can comfortably use conventional financing. The median home price of $357,250 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

06515'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 in 06515 are selling 3.0% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 06515 can comfortably use conventional financing. The median home price of $357,250 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 06515 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 06515

To purchase the median home at $357,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,887.

Monthly Payment

$2,887

Income Required

$123,734

Principal & Interest

$2,201/mo

Down Payment (5%)

$17,863

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 06515.

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Estimated Monthly Payment

$2,361

Principal & Interest$1,854
Property Tax$357
Insurance$150
Loan Amount$285,800
Total Interest$381,528
Income Required$101,183/yr

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