Hamden, Connecticut.
Typical home $367,592 (+5.4% in a year), asking rent $2,383 (+2.6%). New Haven-Milford, CT metro.
to buy the typical home at today's mortgage rate — +$1,152 (+148%) since Jan 2020.
- 1 year
- Up $18,668 +5%
- $348,924$367,592 since Sep 2025
- 5 years
- Up $105,473 +40%
- $262,119$367,592 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Hamden$1,929
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Hamden, CT rose 5.4% over the past year — faster than the nation's +1.2%.
Asking rents in Hamden, CT rose 2.6% over the past year — in step with the nation.
Owning the typical home in Hamden runs $650/mo more than renting one. The gap peaked at $881 in Oct 2023.
That is $3,034 a month against $2,383 rent: a $1,929 mortgage payment, plus $711 property tax and $394 insurance & upkeep.
Owning vs renting — Hamden
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,034
- Renting$2,383
- Mortgage only$1,929
Property tax · $711/mo 2.32% of value a year — the ACS 2017-2021 median bill over the median home value for New Haven County, CT
Insurance & upkeep · $394/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Hamden, Connecticut
Hamden is a town in . Half its households earn more than $98,306 a year and half less; 9% of its people live below the poverty line. 62% of its homes are lived in by their owners and 38% are rented. The most residents work in schools and health care, then professional services.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Hamden is a town in Connecticut, set beside New Haven, and most of its homes are lived in by their owners rather than rented. Winters are cold, with snow and frost, and summers are warm, with plenty of rain falling over the year. Many households rent, and the town's residents span a wide range of ages.
Work. Residents work mainly in schools, hospitals and social care, in professional and business services, in shops, and in manufacturing. A large share of adults hold a four-year degree. Many people commute to work, and a smaller group works from home.
Things to do. Yale University Art Gallery is a museum a short drive away, and the Yale Bowl stadium is also close by. West Rock Ridge State Park, a protected area a short drive away, offers open ground to walk, and the Mill River runs in or beside the town itself.
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- 23,661households
- 38.7median age
- 48%of adults have a degree
- 9%below the poverty line
- 22 mintypical commute
- 16%work from home
What residents work in
Employed residents by industry, from the Census survey.
Weather through the year
Coldest in January, with highs near 38° and lows near 20°; warmest in July, with highs near 85° and lows near 64°. About 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mount Carmel weather station, a mile away (NOAA).
Natural hazards
- Ice stormsVery high
- HurricanesRelatively high
- Inland floodingRelatively high
- Coastal floodingRelatively high
- LightningRelatively high
- Winter weatherRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across its planning region, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on and the New Haven-Milford, CT metro.
Hamden home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Hamden$367,592
- Connecticut$447,319
- United States$366,157
Sellers are cutting prices on about 1 in 3 Hamden listings, and the typical home goes pending in 28 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Hamden34.04%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Hamden28
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Hamden211
New listings per month
Sellers arriving at the market.
- Hamden58
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Hamden$350,096
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Hamden100.22%
Zip codes with a Hamden address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hamden — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Hamden
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 06514 | Hamden | 26,803 | $2,276 | $340,819 |
| 06518 | Hamden | 20,126 | $2,745 | $397,112 |
| 06517 | Hamden | 14,221 | $2,175 | $386,677 |