North Haven, CT—06473
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Haven, CT
As of Oct '25, the median home price in North Haven, CT is $448,000, with a year-over-year change of 3.5%. This indicates that home prices in North Haven, CT are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $448,000 | 3.5% |
| Single Family | $451,000 | 3.4% |
| Condos | $408,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $233,000 | 2.2% |
2 Bed | $363,000 | 3.4% |
3 Bed | $437,000 | 3.1% |
4 Bed | $534,000 | 3.7% |
| 5 Bed | $584,000 | 3.5% |
% of Housing Stock
Rental Trends — North Haven, CT
As of July '25, Rentcast reports the average rent in North Haven, CT is $2,950, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in North Haven, CT is studios: $1,750, 1-bedrooms: $1,840, 2-bedrooms: $2,600, 3-bedrooms: $3,180, 4-bedrooms: $3,740. The most common rental property sizes in North Haven, CT are 1-bedroom and 2-bedroom, accounting for 36.9% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,820 | $2,950 |
| Studio Rent | $1,750 | $1,750 |
| 1 Bed Rent | $1,700 | $1,840 |
| 2 Bed Rent | $2,550 | $2,600 |
| 3 Bed Rent | $3,000 | $3,180 |
| 4 Bed Rent | $3,700 | $3,740 |
% of Rental Stock
Property Listings — North Haven, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in North Haven, CT is 30. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $540,000 | 9.0% |
Listing Count | 68 | 3.0% |
| Listings as % of Homes | 0.8% | 3.0% |
Days on Market | 30 | 12.0% |
Demographics — North Haven, CT
As of the latest ACS Survey released in 2023, North Haven, CT has a population of 24,500, which has remained stable by 1.0% over the past 5 years. North Haven, CT is a moderately popular place for families, as children make up 20.9% of the population. The area has a highly educated workforce, with 46.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,500 | 1.0% |
% Under 18 | 20.9% | 11.8% |
% Seniors | 22.4% | 1.4% |
% WFH | 14.0% | 233.3% |
% w/ College Degree | 46.9% | 10.6% |
As of the latest ACS Survey released in 2023, North Haven, CT is a predominantly white area, with 79.3% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in North Haven, CT is asian, making up 7.1% of the population. Foreign-born residents account for 11.1% of the population in North Haven, CT, and this percentage has increased by 44.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.3% | -6.4% |
% Black | 3.6% | 20.0% |
% Hispanic | 7.1% | 39.2% |
% Asian | 7.1% | 24.6% |
% Foreign Born | 11.1% | 44.2% |
Mortgage and Risk — North Haven, CT
According to HUD data as of 2023, there were 475 mortgage originations in North Haven, CT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in North Haven, CT. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 475 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — North Haven, CT
As of 2024, the percent of homes in North Haven, CT under the Section 8 program is 5.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Haven, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 176 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 94.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,700 | $1,600 |
| 2 Bedroom | -$600 | $2,550 | $1,950 |
| 3 Bedroom | -$580 | $3,000 | $2,420 |
| 4 Bedroom | -$970 | $3,700 | $2,730 |
Affordability — North Haven, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $448,000 |
| Median Household Income | $127,000 |