West Haven, CT—06516
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Haven, CT
As of Oct '25, the median home price in West Haven, CT is $339,000, with a year-over-year change of 1.3%. This indicates that home prices in West Haven, CT are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | 1.3% |
| Single Family | $353,000 | 1.1% |
| Condos | $202,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $163,000 | 4.5% |
2 Bed | $284,000 | 2.9% |
3 Bed | $357,000 | 0.8% |
4 Bed | $390,000 | 1.6% |
| 5 Bed | $428,000 | 2.1% |
% of Housing Stock
Rental Trends — West Haven, CT
West Haven, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,290 |
| Studio Rent | $1,380 | $1,370 |
| 1 Bed Rent | $1,580 | $1,580 |
| 2 Bed Rent | $2,000 | $2,020 |
| 3 Bed Rent | $2,500 | $2,700 |
| 4 Bed Rent | $3,200 | $3,130 |
% of Rental Stock
Property Listings — West Haven, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in West Haven, CT is 33. 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | -1.0% |
Listing Count | 109 | -10.0% |
| Listings as % of Homes | 0.4% | -10.0% |
Days on Market | 33 | 12.0% |
Demographics — West Haven, CT
As of the latest ACS Survey released in 2023, West Haven, CT has a population of 55,100, which has remained stable by 0.4% over the past 5 years. West Haven, CT is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 29.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,100 | 0.4% |
% Under 18 | 21.5% | 5.9% |
% Seniors | 15.2% | 10.9% |
% WFH | 8.6% | 160.6% |
% w/ College Degree | 29.0% | 18.4% |
As of the latest ACS Survey released in 2023, West Haven, CT is a predominantly white area, with 46.7% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in West Haven, CT is hispanic, making up 26.5% of the population. Foreign-born residents account for 20.7% of the population in West Haven, CT, and this percentage has increased by 12.5% 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 | 46.7% | -5.8% |
% Black | 19.6% | -5.3% |
% Hispanic | 26.5% | 12.3% |
% Asian | 5.0% | 11.1% |
% Foreign Born | 20.7% | 12.5% |
Mortgage and Risk — West Haven, CT
According to HUD data as of 2023, there were 743 mortgage originations in West Haven, CT, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in West Haven, CT. Investor activity is low, as 4.0% 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 | 743 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — West Haven, CT
As of 2024, the percent of homes in West Haven, CT under the Section 8 program is 17.4%. 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 West 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 | 2,017 |
Total Units Section 8 | 1,762 |
% Rentals under Section 8 | 17.4% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,580 | $1,460 |
| 2 Bedroom | -$220 | $2,000 | $1,780 |
| 3 Bedroom | -$290 | $2,500 | $2,210 |
| 4 Bedroom | -$500 | $3,200 | $2,700 |
Affordability — West Haven, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $339,000 |
| Median Household Income | $73,600 |