06473, North Haven, CT

The 6473 zip code of North Haven, CT is located in the southeastern corner of the state. The zip code has a population of approximately 21,000 and an area of 2.5 square miles. Home prices in the zip code have increased by an average of 10% over the past year, which is much higher than the statewide average increase of 3%. The median home value in the zip code is $269,000 and there are currently 953 homes for sale.

One factor that may be contributing to the high home prices in this zip code is its proximity to New York City. Many people who live in this area commute to work in Manhattan and can afford to purchase a home closer to their jobs. Additionally, North Haven is a affluent town and many people are able to afford homes here even if they do not have a high income.

Another factor that may be contributing to the high home prices in this zip code is its low unemployment rate. In May 2018, the unemployment rate was 2%, which is lower than both Connecticut's overall unemployment rate (3%) and New Haven's unemployment rate (4%). This low unemployment rate may make it more difficult for people who are looking for jobs to find one close to where they live, which could lead them to purchase a home instead.

Despite these factors, there are still some areas where prices can be lowered if someone is willing to look for them. For example, many homes that are currently for sale in this zip code were built before 2007 and may not meet current standards for construction quality or safety. Additionally, although home values have increased significantly over the past year, they are still relatively affordable when compared with other areas of Connecticut or other parts of New York City.