East Haven, CT—06512
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Haven, CT
As of Oct '25, the median home price in East Haven, CT is $348,000, with a year-over-year change of 2.2%. This indicates that home prices in East Haven, CT are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $348,000 | 2.2% |
| Single Family | $352,000 | 2.0% |
| Condos | $284,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $177,000 | 1.7% |
2 Bed | $304,000 | 3.1% |
3 Bed | $358,000 | 2.0% |
4 Bed | $390,000 | 2.4% |
| 5 Bed | $449,000 | 2.0% |
% of Housing Stock
Rental Trends — East Haven, CT
As of July '25, Rentcast reports the average rent in East Haven, CT is $2,630, with a year-over-year rent change of -8.7%. Per bedroom, the median rent as of July '25 in East Haven, CT is studios: $1,490, 1-bedrooms: $1,770, 2-bedrooms: $2,430, 3-bedrooms: $3,000, 4-bedrooms: $3,620. The most common rental property sizes in East Haven, CT are 2-bedroom and 1-bedroom, accounting for 37.4% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,630 |
| Studio Rent | $1,490 | $1,490 |
| 1 Bed Rent | $1,780 | $1,770 |
| 2 Bed Rent | $2,250 | $2,430 |
| 3 Bed Rent | $2,850 | $3,000 |
| 4 Bed Rent | $3,500 | $3,620 |
% of Rental Stock
Property Listings — East Haven, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in East Haven, CT is 56. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $465,000 | 20.0% |
Listing Count | 97 | 9.0% |
| Listings as % of Homes | 0.5% | 9.0% |
Days on Market | 56 | -3.0% |
Demographics — East Haven, CT
As of the latest ACS Survey released in 2023, East Haven, CT has a population of 29,300, which has increased by 2.0% over the past 5 years. East Haven, CT is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 30.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,300 | 2.0% |
% Under 18 | 17.4% | -10.3% |
% Seniors | 19.8% | 6.5% |
% WFH | 10.0% | 203.0% |
% w/ College Degree | 30.1% | 11.9% |
As of the latest ACS Survey released in 2023, East Haven, CT is a predominantly white area, with 68.5% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in East Haven, CT is hispanic, making up 19.3% of the population. Foreign-born residents account for 11.6% of the population in East Haven, CT, and this percentage has increased by 14.9% 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 | 68.5% | -3.4% |
% Black | 6.6% | 13.8% |
% Hispanic | 19.3% | 1.0% |
% Asian | 3.1% | 14.8% |
% Foreign Born | 11.6% | 14.9% |
Mortgage and Risk — East Haven, CT
According to HUD data as of 2023, there were 524 mortgage originations in East Haven, CT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in East Haven, CT. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 524 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — East Haven, CT
As of 2024, the percent of homes in East Haven, CT under the Section 8 program is 17.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In East 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 | 686 |
Total Units Section 8 | 612 |
% Rentals under Section 8 | 17.6% |
% Occupied Section 8 | 94.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$300 | $1,780 | $1,480 |
| 2 Bedroom | -$440 | $2,250 | $1,810 |
| 3 Bedroom | -$600 | $2,850 | $2,250 |
| 4 Bedroom | -$960 | $3,500 | $2,540 |
Affordability — East Haven, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $348,000 |
| Median Household Income | $84,000 |