Market Intelligence · CT / Waterbury

Waterbury, CT 06706 Housing Market

Waterbury's 06706 ZIP shows steady growth, with typical home values at $283,201 and up 4.3% over the past year. The median list price stands at $279,925, and homes are moving at a median of 50 days on market.

Updated September 2026Median value$283K

The median home value in Waterbury, CT 06706 is $283K as of September 2026, up 4.3% 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 06706 range

$261K to $306K

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

+4.3% over 12 months

Sep 2025$271K

Low $271KHigh $283K

Sep 2026$283K

The numbers

What is the 06706 housing market like?

As of September 2026

Typical home value

$283K

4.3%YoY

Median list price

$280K

0.0%MoM

Days on market

13.6%MoM

Homes for sale

7.1%MoM

Price cuts

4.3%

76.1%MoM

New listings

66.7%MoM

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

The outlook

06706 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06706 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 06706 rose 4.3%, per the Zillow Home Value Index.

Will home prices drop in 06706?

Zillow's forecast does not call for a drop: it expects typical home values in 06706 to rise 2.5% by September 2027, after a 4.3% 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 06706 home prices compare?

06706$283,201
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

There are currently 15 homes for sale in 06706, with 4 new listings as of September 2026. The median list price of $279,925 aligns closely with the typical home value of $283,201. Homes spend about 50 days on market before selling. Only 4.3% of listings have seen a price cut, suggesting reasonable pricing and steady buyer interest. If you're considering selling, the market is stable enough to support fair pricing without aggressive markdowns.

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Down payment20% · $56,640

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Common questions

What people ask us.

What is a typical home value in Waterbury's 06706 ZIP?

As of September 2026, the typical home value is $283,201, up 4.3% over the past year.

How long do homes stay on the market in 06706?

The median days on market is 50 as of September 2026.

How many homes are currently for sale in 06706?

There are 15 homes for sale as of September 2026, with 4 new listings.

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