06702 Housing Market Report February 2025New Haven County, Connecticut

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Housing Prices in 06702, CT

How much do homes in 06702, CT cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$327,450$118/SqFt
+$27,550
+9.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 06702 has increased by 9.2% since last year.

Summary: The median home list price in 06702 was $327,450 in February 2025, up 9.2% from the previous year, and the median price per square foot was $118.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
06710
+19.1%
06704
+15.4%
06708
+11.5%
06706
+10.0%
06702
+9.2%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2--
N/A
3$160K$160K
0.0%
4$97.7K$224.9K
+130.3%
5$320K$352.4K
+10.1%

Summary: 06702 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +130.3%. The home price for 5 bedroom homes increased by +10.1%.

How does 06702, CT compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

06702, CT

Housing supply in 06702, CT

How many homes are available in 06702, CT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthFeb 2025
52 months agoJan 2025
+40.0 %
Change MoMJan – Feb

Summary: The 06702 real estate market had 7 homes for sale in Feb 2025, a 40.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
300
0.0%
410
-100.0%
547
+75.0%

Summary: 06702 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes increased by +75.0%.

Asking Price vs. Sold Price

How much do homes in 06702, CT cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in 06702, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 06702 in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 06702, CT

How long does it take to sell a home in 06702, CT?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
54 DaysThis YearFeb 2025
151 Days1 year agoFeb 2024
-64.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 06702 had an average listing age of 54 days in Feb 2025, down by 64.0% compared to the previous year.

Newest Listings in 06702, CT

What homes are available in 06702, CT?

MLS Disclaimers and Copyright

Based on information from SmartMLS, for the period 03/01/2023 - 03/01/2025

IDXCopyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.