New Haven, CT Housing Market in 2026: Home Prices & Trends

Name: New Haven, CT Housing Market - Price Trend Analysis
Creator: Houzeo
License: https://www.houzeo.com/terms-of-use/

Overview

Forecast

Supply

Demand

New Haven Housing Market Overview

If you're looking to sell a home in New Haven, you're in a strong position. While the median sale price sits at $405,900 (up 35.3% year-over-year), the real story lies in the market's pace. Homes are moving in just 49 days, inventory stands at only 2.6 months of supply, and properties are selling for 101.7% of asking price. In April 2025, 65 New Haven houses were sold, a 20.4% increase from the same month last year. These conditions present an excellent opportunity for sellers to maximize their returns and attract competitive offers.

Median Sale Price

# of Homes Sold

Median Days on Market

Median Sale Price

0% year-over-year

# of Homes Sold

0% year-over-year

Median Days on Market

0 year-over-year

What does this mean?

All

1 year

3 year

5 year

New Haven

Last updated on

New Haven Housing Market Forecast for 2026

The housing market in New Haven is positioned for gradual stabilization in 2026, with modest growth expected as mortgage rates ease and inventory conditions improve.

Price Outlook:

Home prices in New Haven are forecast to rise 2-4% in 2026, reflecting a return to more normalized market conditions
Affordability is improving as wage growth outpaces home price appreciation
Strong homeowner equity supports price stability and strategic listing decisions

Will the New Haven Housing Market Crash in 2026?

The consensus among housing economists and real estate experts is firmly no. New Haven remains supported by fundamental market strengths, including sustained buyer demand, strong homeowner equity levels, and stricter lending standards than pre-2008. With 2.6 months of supply and homes selling at 101.7% of the asking price, the market demonstrates healthy demand fundamentals.

UnlikelyCrash MeterLikely

Current Market Indicators

Days on Market:
49 days
Months of Supply:
2.6 months
Sale-to-List Ratio:
101.7%
Mortgage Rates:
Currently- 6.23% projected to hover between 6.0% and 6.8%

New Haven Housing Supply

New Haven's real estate inventory favors sellers with tightening availability. With only 172 homes available in April 2025, what stands out is the supply constraint. Inventory fallen 30.4% year-over-year, months of supply sits at just 2.6 (down slightly from 2.7 last year), and 63 new homes came to market this month (down 25.9% year-over-year). This limited inventory strengthens sellers' negotiating position and creates urgency for buyers. For sellers ready to take advantage of these conditions, now is an ideal time to list your home on MLS in Connecticut and maximize your return.

# of Homes for Sale

# of Newly Listed Homes

Months of Supply

# of Homes for Sale

0% year-over-year

# of Newly Listed Homes

0% year-over-year

Months of Supply

0% year-over-year

What does this mean?

All

1 year

3 year

5 year

New Haven

Last updated on

New Haven Housing Demand

New Haven's housing demand demonstrates strong seller control. With the sale-to-list price ratio at 101.7% in April 2025, the defining metric is premium pricing power. A remarkable 49.2% of homes sold above asking price (down from 52.2% last year), the sale-to-list ratio decreased 0.6% year-over-year, and houses in New Haven with price reductions climbed from 16.9% to 18.6%. These numbers confirm sellers command the market and can expect competitive offers above their listing prices.

Homes Sold Above List Price

Homes with Price Drops

Sale-to-List Ratio

Homes Sold Above List Price

0% year-over-year

Homes with Price Drops

0% year-over-year

Sale-to-List Ratio

0% year-over-year

What does this mean?

All

1 year

3 year

5 year

New Haven

Last updated on

From Hot Trends to Hidden Gems—All in Your Pocket!

The Houzeo app brings the entire real estate journey to your fingertips. Browse, list, and close—anytime, anywhere.

Download the Houzeo Mobile App Now!

Check the Real Estate Trends in Your State

Frequently Asked Questions

How have New Haven house prices changed over the past year?

Median home prices in New Haven have increased by 35.3% YoY, and now stand at $405,900. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.

What are New Haven real estate market predictions for 2025?

House prices in New Haven, Connecticut, should stabilize in the coming months. However, affordability remains a challenge across the Connecticut housing market, due to rising mortgage rates.

What's the average home price in New Haven?

The average house price in New Haven depends on the property type, size, and local market conditions. Condos cost around $325,000, while single-family homes average $410,000. You can also find cheap homes for sale in New Haven that fit your budget.

What is a good time to buy a home in New Haven?

August to December is typically the best time to buy a house in New Haven, when supply is high and demand is low. Before buying, check if mortgage rates are stable and ensure there's more than 6 months of housing inventory available. Make sure you assess the current housing market trends in New Haven before you invest.

When will the New Haven housing market crash?

According to housing market forecasts, the market is unlikely to crash in the near future. Home prices and demand should increase during the summer, and stabilize by winter. The market is projected to remain steady, with sustained growth through 2025 and beyond.

How to buy a home in New Haven?

Set a clear budget and get a mortgage pre-approval. Then, explore homes for sale in New Haven, submit your offers, secure loans, and complete the closing process.

How can I list my home for sale in New Haven, CT?

You can list your home for sale with a Flat Fee MLS Connecticut listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀

What is the average mortgage rate for buyers in New Haven?

The average mortgage rate for buyers fluctuates between 6.4% and 6.9%. It depends on the market and your credit score. Always check current rates with lenders before you apply.

What is a good time to sell a house in New Haven?

February to July is typically the best time to sell a house in New Haven, when demand is high and homes spend fewer days on the market. Carefully assess market trends in your specific area before you act.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.