Waterbury 06704

New Haven County, CT · 7,134 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

45affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
33.4%
stretched
Days on market
55
daily
Price cuts
18.8%
of active
Valuation
-33.6%
vs assessor
Look up an address
49
/100
mixed
warming · balanced · prices rising year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

54/ 100SellerBalancedBuyer
Balanced Market
Needs 10.2% correction for affordability
DOM: 62d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)60
Supply & Demand (20%)85
Buy vs Rent (15%)25
Cancellation Rate (10%)25
Days on Market (5%)75

Balanced market in 06704. List price is roughly fair — focus on condition and value. Payment burden: 33.5% of median income. Median days on market: 62. Renting is approximately 21% cheaper than buying (price-to-rent ratio: 14.5). Market appears 12% overpriced vs. assessed values.

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$264,013
▴ 1.8% YoY
Days on market
55
daily · zip_data
Median rent
$1,516
ZORI
Investor score
76/100
cash-flow lens
Active listings
49
90-day

Valuation3 lenses, different anchors

vs assessor
-33.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$175,200
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
—
County-wide market — the widest, slowest signal.
New Haven—
Lotvox comps · mv_valuation_gap
Read together: Anchors disagree because they measure different things — read each on its own terms.
Pricing detail
Price / sqft$124
Price-to-income5.5×

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How 06704 ranks in CT
percentile vs all CT ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

28SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.9 mo
Days on Market55d
Inv vs History-11.6%
Listing Density--
Market dynamics
Price cut %18.8%
Momentumwarming
LeverageBALANCED
Months of supply10.9
Sales (90d)0
Investment analysis
Median rent$1,516
Price-to-rent14.5
Est. cap rate4.5%
Buy vs rentfavors buying

Livability

Walk score8
Transit score12
Bike score—

Historical trends

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New Haven County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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New Haven Metro·Overpriced ZIPs·Investor ZIPs·View on Map·New Haven County