Market Intelligence · CT / Waterbury

Waterbury, CT 06705 Housing Market

Typical home value in 06705 is $268,073, up 4.2% over the past year. The median list price stands at $268,975, with homes spending a median of 40 days on market as of September 2026.

Updated September 2026Median value$268K

The median home value in Waterbury, CT 06705 is $268K as of September 2026, up 4.2% 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 06705 range

$247K to $290K

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

+4.2% over 12 months

Sep 2025$257K

Low $257KHigh $268K

Sep 2026$268K

The numbers

What is the 06705 housing market like?

As of September 2026

Typical home value

$268K

4.2%YoY

Median list price

$269K

3.0%MoM

Days on market

21.6%MoM

Homes for sale

6.1%MoM

Price cuts

7.0%

54.0%MoM

New listings

116.7%MoM

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

The outlook

06705 housing market forecast 2027

+2.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06705 to rise 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in 06705 rose 4.2%, per the Zillow Home Value Index.

Will home prices drop in 06705?

Zillow's forecast does not call for a drop: it expects typical home values in 06705 to rise 2.4% by September 2027, after a 4.2% 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 06705 home prices compare?

06705$268,073
Waterbury$283,201
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 (Waterbury: 5 ZIPs; Connecticut: 258 ZIPs; United States: 26,262 ZIPs).

Context

Waterbury's 06705 ZIP shows steady appreciation despite a modest inventory environment. There are 35 homes for sale, with 26 new listings added recently. The typical home value gain of 4.2% year-over-year suggests underlying demand, though the 40-day median time on market indicates neither a fast-moving nor stalled market. Only 7.0% of listings have seen price cuts. Sellers should recognize this as a measured market where pricing discipline matters.

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Down payment20% · $53,615

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Common questions

What people ask us.

What is the typical home value in 06705?

The typical home value is $268,073, up 4.2% over the past year as of September 2026.

How long do homes stay on the market in 06705?

Homes in this ZIP spend a median of 40 days on market.

What is the median list price in Waterbury's 06705?

The median list price is $268,975 as of September 2026.

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