Real Estate Market Update for 06517 (Hamden, CT)

Video: Real Estate Community Tour for 06517 (Hamden, CT)

See Real estate community tour for 06517 (Hamden, CT)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 18% from one year earlier, and up 13% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 240-thousand dollars. The number of units sold increased 55% year-over-year, and increased 62% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 06517 (Hamden, CT)
Area Information for 06517 (Hamden, CT)
  • Population: 14,920
  • Median Age: 43.87 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,933/sq mi
  • Population Change Since 2000: 4.13%
  • Closest Airport: Tweed-new Haven
  • Closest College: Albertus Magnus College
  • Closest Jr. College: Yale University Divinity School
  • Median Household Income: $73,226
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $207,950
  • Closest Major Sports Team: New England Black Wolves
  • Change Avg. Household Income Since 2000: 30.06%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 06517 (Hamden, CT)
Median Age: 43.87 Married: 36% Number of Households: 6,425 Households with Children: 1,668
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 06517 (Hamden, CT)

      School Name Distance Type Grades School Rating Parent Rating
      St. Stephen School 0.2 mi Catholic PRESCHOOL-8 0 0
      Ridge Hill School 0.4 mi Public K-6 2 0
      Whitney Hall School 0.5 mi Private 1-12 0 0
      Hamden Hall School 0.6 mi Private PRESCHOOL-12 0 0
      West Woods Christian Academy 0.7 mi Private K-12 0 0
      St Rita School 0.7 mi Catholic PRESCHOOL-8 0 0
      Salma K Farid Academy 0.9 mi Private PRESCHOOL-2 0 0
      Domus Academy 0.9 mi Public - 0 0
      Engineering - Science University Magnet School 0.9 mi Public 6-12 3 4
      Cedarhurst School 1.1 mi Private 6-12 0 0
      Lorraine D Foster Day School 1.3 mi Private 6-12 0 0
      Spring Glen School 1.4 mi Public K-6 3 0
      Whitney High School North 1.7 mi Public 9-12 0 0
      Whitney High School East 1.7 mi Public 8-12 0 0
      Whitney High School West 1.7 mi Public 9-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 06517 (Hamden, CT)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.