Mortgage payment estimates, closing cost breakdowns, and homebuying data for New Haven, Connecticut.
Pre-filled with New Haven median home price and Connecticut tax/insurance rates. Adjust for your property.
Estimated closing costs based on Connecticut rates and fees applied to New Haven prices.
The median home price in New Haven is $285,000, 30% below the Connecticut state median of $405,000. With a population of 134,023, New Haven is a mid-size city where home prices tend to be more accessible than in many parts of Connecticut.
Property taxes in Connecticut average 2.15% annually. This higher-than-average tax rate means a $285,000 home in New Haven would carry roughly $511/month in property taxes alone — plan accordingly. Homeowners insurance in Connecticut runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in New Haven is $1,480/month. The price-to-rent ratio in New Haven is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
New Haven presents moderate affordability. The $285K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.