06416, Cromwell, CT

Cromwell, CT is located in the 6416 zip code. According to the 2010 census, the population of Cromwell was 10,814. The median household income in Cromwell was $87,711. The median home value in Cromwell was $262,500.

According to Zillow’s Home Value Index for ZIP Codes within a 100-mile radius of Cromwell (6416), the average home value in this area is $269,000. This means that the 6416 zip code has a higher average home value than the national average of $183,700. Additionally, according to Zillow’s Home Value Index for ZIP Codes within a 25-mile radius of Cromwell (6416), the average home value in this area is $283,000. This means that the 6416 zip code has a higher average home value than both the national and Connecticut averages.

The percentage of homes that are owned by their occupants is high in Cromwell – approximately 88%. This compares favorably with both Connecticut and national averages of around 70% and 60%, respectively. Additionally, there is an abundance of available housing stock – there are an estimated 953 homes for sale in Cromwell as of July 2017. This compares favorably with both Connecticut and national averages of around 600 and 1,100 homes for sale per month respectively. These factors indicate that homeownership rates and house prices are relatively stable in Cromwell compared to other areas across America.