There are currently 20,716 real estate properties in New Haven, CT, with a median automated valuation model (AVM) price of $240,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Haven, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Haven, CT, is $276,218.00, with the most expensive house in New Haven, CT, topping out at $2,988,500.00 and the cheapest home in New Haven, CT, clocking in at $31,000.00. In other words, there’s something for every potential homebuyer or savvy investor in New Haven, CT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Haven, CT, is on a rollercoaster ride. The average rent price in New Haven, CT, is $1,722.00. Indeed, when looking to rent in New Haven, CT, you can expect to pay as little as $890.00 or as much as $3,980.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in New Haven, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the New Haven, CT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in New Haven, CT and much more. Save thousands at closing with home foreclosure listings in New Haven, CT — up to 75% off market value!
New Haven is located in New Haven, Connecticut, with an estimated municipal population of 130,250 residents. All of the best foreclosed homes for sale in New Haven are located in the following zip code areas on Foreclosure.com: 06519 06511 06510 06513 06512 06515 06501 06502 06503 06505 06506 06507 06508 06509 06520 06521 06530 06531 06532 06533 06534 06535 06536 06540. The estimated population per square kilometer (.62 miles) in New Haven is 2,690.
So, about how much do homes cost in New Haven? The most recent median value of resident-owned homes in New Haven is 199,734. An estimated 28 percent of households in New Haven own their homes, with an average family size of 3.37. The median household income in New Haven is 42,222, with19.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Haven, the median commute time of resident workers (in minutes) is 23.2. And last, but certainly not least, are you looking for homes to rent in New Haven? If so, the average rent price paid by renters in New Haven is 1,196, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to New Haven, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in New Haven is 30.8, split between 47.5 percent male versus 52.5 female. The percentage of residents who report being married in New Haven is 26.1, with an average family size of 3.37.
The percentage of residents who report their race in New Haven is as follows:
|Black / African American||32.6%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near New Haven? Or maybe you are searching for 55+ active adult communities in and/or near New Haven?
The percentage of residents who report their age in New Haven is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in New Haven with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Haven.
How do you know that living in -- or moving to -- New Haven is right where you need to be? Perhaps you grew up in New Haven or already live nearby; therefore, the decision to buy a home in New Haven is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Haven for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in New Haven:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Haven.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Haven can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Haven, meanwhile, can field multiple offers from more qualified buyers.