06519, New Haven, CT

The 6519 zip code of New Haven, CT has a population of about 106,000 people. The median household income in this zip code is $105,000 and the median home value is $314,500.

Since the housing market crashed in 2008, home values have decreased by about 25%. However, over the past year or so there has been a slight uptick in home values as the market seems to be stabilizing. In March of this year, the average home value was up 2.5% from March of 2016.

One reason that home values have increased recently is because there are more buyers than sellers in the 6519 zip code. This is due to low interest rates and increasing demand for homes. Another reason for the increase in home values is that many homeowners have taken advantage of refinancing options available to them since 2008. Homeowners who were able to keep their homes during the crash have seen their property values increase significantly over time as appreciation has driven up their equity levels.

Despite these recent increases, it's important to keep in mind that home prices can still decrease at any time and that homeownership remains a risky investment.