New Haven, CT metro area Housing Market

Name: New Haven, CT metro area Housing Market Data
Creator: Redfin

Warm Market

Comprehensive housing market data for the New Haven, CT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$380K

↑ 5.6% YoY

Days on Market

57 days

↑ 16.3% YoY

Active Inventory

1,377

↓ 14.6% YoY

Homes Sold

575

↑ 1.2% YoY

Warm Market

The market is active with moderate buyer demand.

New Haven, CT metro area Market Summary

The New Haven, CT metro area housing market is heating up. As of March 2026, the median home sale price is $380K, up 5.6% year-over-year. Homes are spending a median of 57 days on the market, 16.3% longer than a year ago.

There are 1,377 homes for sale — 14.6% fewer than last year. With 2.4 months of supply, this is a seller's market. 823 new listings were added during this period, down 2.4% year-over-year.

Homes are selling for 100.6% of their list price on average, indicating buyers are paying above asking. 47.6% of homes sell above their asking price. 14.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

Contributing Factors

Months of Supply– 2.4

Days on Market↑ 57

Price Drops– 14.9%

Sale-to-List Ratio– 100.6%

Market Temperature– Warm

How This Market Compares

vs. National Median

Median Price (National: $437K)↓ 13.0%

Days on Market (National: 55)↑ 3.6%

Inventory (National: 1,314,690)↓ 99.9%

vs. Connecticut Median

Median Price (Connecticut: $444K)↓ 14.4%

Days on Market (Connecticut: 45)↑ 26.7%

Investor Takeaway

This market shows balanced conditions. Evaluate individual deals carefully using rent-to-price ratios and local comps.

New Haven, CT metro area Market Trends

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Detailed Market Metrics

Median List Price

$400K

Price per Sq Ft

$231

Sale-to-List Ratio

100.6%

Months of Supply

2.4

Sold Above List

47.6%

Price Drops

14.9%

New Listings

823

↓ 2.4% YoY

Pending Sales

760

Off Market in 2 Weeks

49.2%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.