06518 — New Haven County, Connecticut Market Snapshot
Housing market data for zip code 06518 in New Haven County, Connecticut. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$379,950
Days to Sell
66
Homes Sold
36
Inventory
53
Sale-to-List
101.4%
New Listings
66
Price/SqFt
$210
Pending Sales
57
Conforming Loan Available
Most homebuyers in 06518 can comfortably use conventional financing. The median home price of $379,950 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 66 days on average, 06518 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 06518 (101.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 06518 can comfortably use conventional financing. The median home price of $379,950 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 06518 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 06518
To purchase the median home at $379,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,061.
Monthly Payment
$3,061
Income Required
$131,188
Principal & Interest
$2,341/mo
Down Payment (5%)
$18,998
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 06518.
Estimated Monthly Payment
$2,501
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