06812, New Fairfield, CT

The 6812 zip code of New Fairfield, CT has a median home value of $269,900 and a median home equity value of $158,700. These values are above the national median home value of $177,500 and the Connecticut median home equity value of $146,000. The 6812 zip code is also above the national median home equity value by 9%.

The 6812 zip code has a high concentration of homeowners with a mortgage. Nearly two-thirds (64%) of households in the 6812 zip code have a mortgage, which is higher than the national mortgage rate of 63%. This high concentration may be due to the presence of well-paying jobs in New Fairfield or because many homeowners are able to refinance their mortgages when their homes appreciate in value.

Despite having a high concentration of homeowners with mortgages, there is still significant demand for housing in the 6812 zip code. The average list price for single family homes in the 6812 zip code is $269,900 which is above both the Connecticut average list price ($248,600) and the national average list price ($247,200). This demand may be due to strong job growth in New Fairfield or because many potential buyers are able to afford more expensive homes than they would be able to find elsewhere in Connecticut or nationally.