Market Intelligence · CT / Hamden

Hamden, CT 06518 Housing Market

In Hamden's 06518 ZIP code, the typical home value is $397,112, up 5.2% over the past year as of September 2026. The median list price is $380,000, and homes spend a median of 55 days on market.

Updated September 2026Median value$397K

The median home value in Hamden, CT 06518 is $397K as of September 2026, up 5.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 06518 range

$365K to $429K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.2% over 12 months

Typical home value in 06518 over the last 12 months: $377K in Sep 2025 to $397K in Sep 2026 (+5.2%).

Sep 2025$377K

Sep 2026$397K

The numbers

What is the 06518 housing market like?

Typical home value

$397K

Up5.2%YoY

Median list price

$380K

Down4.3%MoM

Days on market

55

Up27.9%MoM

Homes for sale

57

Up7.5%MoM

Price cuts

36.9%

Up69.2%MoM

New listings

16

Down20.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

06518 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06518 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 06518 rose 5.2%, per the Zillow Home Value Index.

Will home prices drop in 06518?

Zillow's forecast does not call for a drop: it expects typical home values in 06518 to rise 1.9% by September 2027, after a 5.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 06518 home prices compare?

  • 06518$397,112
  • Hamden$386,677
  • Connecticut$444,813
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Hamden: 3 ZIPs; Connecticut: 258 ZIPs; United States: 26,262 ZIPs).

Context

There were 57 homes for sale in 06518 as of September 2026, with 16 new listings entering the market. The median list price sits at $380,000, just under the typical home value of $397,112, which rose 5.2% over the past year. Homes are taking a median of 55 days to sell, and 36.9% of listings have had a price cut. Values are climbing, but sellers are waiting longer and cutting prices more often than a hot market would suggest. If you are thinking of selling, price carefully and expect some negotiation rather than a fast bidding war.

Monthly payment

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20% · $79,422

Common questions

What people ask us.

How much is a home in 06518 worth?

The typical home value in 06518 is $397,112 as of September 2026, up 5.2% over the past year. The median list price is $380,000.

How fast are homes selling in 06518?

Homes in 06518 spend a median of 55 days on market as of September 2026. Of the 57 homes for sale, 36.9% have had a price cut.

Is it a good time to sell a home in 06518?

Home values in 06518 are up 5.2% over the past year, but 36.9% of listings have seen price cuts and homes take a median of 55 days to sell. Sellers who price realistically from the start tend to fare better than those who test the market high.

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