Housing Insights for ZIP Code 06510 (New Haven, CT)

Housing Summary for ZIP Code 06510

Homeowners

The median home value in ZIP Code 06510 (New Haven, CT) is $335,500. Approximately 7.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 06510 is 1.41 occupants, while owner-occupied units have an aggregate average size of 1.02 bedrooms per housing unit.

Renters

In the 06510 ZIP Code, an estimated 92.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 12.4%.

Among renter-occupied units in this ZIP, the average occupancy is 1.37 occupants, while renters in this New Haven County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 06510

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 06510.

ZIP 06510 Connecticut U.S.
Median Home Value $335,500 $465,586 $356,002
Owner-Occupied Housing Units 7.7% 66.1% 64.0%
Homeowner Vacancy Rate 0.0% 1.8% 1.6%
Average Size of Owner-Occupied Unit 1.41 2.65 2.70
Average # of Bedrooms Per Unit 1.02 2.71 2.75
Median Housing Rent $0 $1,180 $1,062
Renter-Occupied Housing Units 92.3% 33.9% 36.0%
Rental Vacancy Rate 12.4% 6.3% 6.0%
Average Size of Renter-Occupied Unit 1.37 2.28 2.49
Percent of Income Spent on Rent 0% 30.39% 29.83%

Home Values in ZIP Code 06510 (New Haven, CT)

The median home value in ZIP Code 06510 is $335,500. That median value is about 22% higher than the median home value of $275,400 in Connecticut overall, and is 54% higher than the $217,500 the median home value in the entire U.S. About 43.4% of homes in ZIP Code 06510 are valued $300,000 to $499,999. That is 61% higher than in the state of Connecticut, in which 27.0% of homes are valued at $300,000 to $499,999, and is about 125% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 06510 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 06510

This chart visualizes the breakdown of home values in ZIP Code 06510, Connecticut, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 06510 vs. home values in both the state of Connecticut and in the U.S. overall.

Home Values in ZIP Code 06510

See the table below for a regional comparison of home values in ZIP Code 06510.

Home Value ZIP 06510 Connecticut U.S.
Less than $50,000 0.0% 1.9% 6.9%
$50,000 to $99,999 0.0% 3.1% 12.0%
$100,000 to $149,999 0.0% 8.7% 13.3%
$150,000 to $199,999 0.0% 15.2% 14.0%
$200,000 to $299,999 41.0% 27.4% 19.6%
$300,000 to $499,999 43.4% 27.0% 19.3%
$500,000 to $999,999 15.6% 11.9% 11.4%
$1,000,000 or more 0.0% 4.7% 3.4%

Home Ages in ZIP Code 06510 (New Haven, CT)

Approximately 48.2% of homes in this New Haven, CT region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 06510 is about 118% higher than percentage of homes built in this time period in Connecticut overall (22.1% of homes), and is 283% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 10.2% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.0% of homes in this New Haven County ZIP Code were built in 2014 or later in ZIP Code 06510. In comparison, 1.1% of homes in Connecticut overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 06510

A detailed regional comparison of home ages in ZIP Code 06510.

Year Built ZIP 06510 Connecticut U.S.
2014 or later 0.0% 1.1% 2.5%
2010 to 2013 2.4% 1.4% 2.7%
2000 to 2009 9.1% 6.8% 14.0%
1990 to 1999 10.2% 7.7% 13.9%
1980 to 1989 6.6% 12.4% 13.4%
1970 to 1979 10.2% 13.4% 15.2%
1960 to 1969 4.1% 13.5% 10.6%
1950 to 1959 5.9% 14.8% 10.3%
1940 to 1949 3.4% 6.8% 4.9%
1939 or earlier 48.2% 22.1% 12.6%

Age of Homes in ZIP Code 06510

See the chart below for details on the age of homes in ZIP Code 06510, Connecticut, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 06510

Frequently asked questions about housing in this New Haven, CT ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 06510.

1

What is the average home value ZIP Code 06510?

The median home value in ZIP Code 06510 (New Haven, CT) is $335,500.
2

Are homes expensive in ZIP Code 06510?

The median home value in 06510 ($335,500) is an estimated 22% higher than the aggregate median value of $275,400 in Connecticut, and is 54% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 06510?

The vacacy rate for owner-occupied housing in ZIP Code 06510 is 0.0%. This rate is 100% lower than the overall Connecticut owner-occupied vacancy rate of 1.8%. Additionally, the 06510 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 06510 have older homes or newer construction?

In ZIP Code 06510, about 48.2% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 10.2% of homes in the region were built in 1990 to 1999. In contrast, 0.0% of homes in 06510 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 06510? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 06510 than owner-occupied housing. Renter-occupied units make up 92.3% of housing, compared to 7.7% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 06510?

The vacacy rate for rental units in ZIP Code 06510 is 12.4%. This rate is 97% higher than the overall Connecticut vacancy rate of 6.3%. Additionally, the 06510 vacancy rate is 107% higher than the entire U.S. vacancy rate of 6.0%.