New Haven, CT home prices
Typical home $406,204 · +4.9% in a year · income needed $125,400
The New Haven, CT metro area ranks 144 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.9% in a year and +41.4% over five years. With 20% down at 7.11%, the typical home costs about $2,926 a month including 1.59% property tax (New Haven County rate).
Mortgage on the typical New Haven home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $81,241 | $324,963 | $2,186 | $0 | $740 | $2,926 | $125,400 |
| 10% down | $40,620 | $365,584 | $2,459 | $152 | $740 | $3,352 | $143,600 |
| 5% down | $20,310 | $385,894 | $2,596 | $161 | $740 | $3,497 | $149,900 |
| 3.5% down (FHA) | $14,217 | $398,847 | $2,683 | $180 | $740 | $3,603 | $154,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.59% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the New Haven area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| New Haven County, CT | $406,207 | +4.9% | 1.59% |
What can you afford in Connecticut on your salary? · Connecticut home prices · Salaries in Connecticut
Frequently asked questions
How much is a house in New Haven?
The typical home in the New Haven, CT metro area is worth $406,204 (Zillow, September 2026).
What salary do you need to buy a house in New Haven?
About $125,400 a year for the typical home with 20% down at 7.11%.