ZIP 06488 vs ZIP 06492

06488 is one of 41 ZIP codes that lie mostly in New Haven County, CT.

Shaded by typical home value, it ranks 15 of the 39 nearby ZIPs shown.

4 school locations in 06488: 2 elementary, 1 middle, 1 high.

In alphabetical order: Gainfield Elementary School, Pomperaug Regional High School, Pomperaug School, Rochambeau Middle School. Locations only — no ratings are shown here.

06492 is one of 41 ZIP codes that lie mostly in New Haven County, CT.

Shaded by typical home value, it ranks 16 of the 39 nearby ZIPs shown.

12 school locations in 06492: 8 elementary, 2 middle, 2 high.

In alphabetical order: Cook Hill School, Dag Hammarskjold Middle School, Evarts C. Stevens School, Highland School, and more on the ZIP page. Locations only — no ratings are shown here.

In February 2016 the typical home in 06488 was worth $273,740.

Values peaked at $454,592 in October 2024. The latest reading is −0.2% from that peak.

As of August 2026: $453,496, +0.3% over twelve months.

Start with the typical home: $453,496. Put 20% down and borrow $362,797 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,512 a month in principal and interest.

The median household here earns $112,434 a year, $9,370 a month. So the payment takes 26.8% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 16.2% in 2016.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in February 2016 (3.66%) the payment was $1,003.

In December 2020, with rates at 2.68%, it was $976.

By August 2026, at 6.67%, it was $2,333 — +139% since December 2020, while the home's value moved +50%.

Reported values rose +66% since February 2016.

General prices (CPI-U) rose +41% over the same span.

Divide one by the other: in August 2026 dollars, the 2016 home was worth $385,382. So the real change is +18%, not +66%.

06488: +66% since February 2016.

New Haven County: +92% since February 2016.

Connecticut: +84% since February 2016 — 06488 ran behind it by 19 points.

Owning the typical home costs about $2,965 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,525 a month.

Price divided by a year's rent: 15.0. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 06492 was worth $159,567.

Values peaked at $430,702 in August 2026. The latest reading is the peak.

As of August 2026: $430,702, +6.9% over twelve months.

Start with the typical home: $430,702. Put 20% down and borrow $344,562 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,386 a month in principal and interest.

The median household here earns $101,757 a year, $8,480 a month. So the payment takes 28.1% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 10.4% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $955.

In December 2020, with rates at 2.68%, it was $892.

By August 2026, at 6.67%, it was $2,216 — +148% since December 2020, while the home's value moved +56%.

Reported values rose +170% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $314,922. So the real change is +37%, not +170%.

06492: +170% since January 2000.

New Haven County: +180% since January 2000.

Connecticut: +174% since January 2000 — 06492 ran behind it by 4 points.

Owning the typical home costs about $2,816 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,012 a month.

Price divided by a year's rent: 17.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 50 a month (Redfin, 3-month rolling data through August 2026). That is 88% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 126. That is 52% of the 2015–2019 level for the same months.

Going out — closed sales: about 43 a month. That is 79% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 3.0 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 8 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 43 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 45 — so sales ran at 96% of it, and below it in 16 of the last 24 months.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 46 a month (Redfin, 3-month rolling data through August 2026). That is 67% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 78. That is 35% of the 2015–2019 level for the same months.

Going out — closed sales: about 45 a month. That is 72% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 1.7 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 2 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 45 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 57 — so sales ran at 79% of it, and below it in 22 of the last 24 months.

County assessor records list 8,425 properties with a market value here. Their average assessed market value is $350,700; the typical home value is $453,496.

The assessor average sits −22.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

County assessor records list 14,600 properties with a market value here. Their average assessed market value is $368,200; the typical home value is $430,702.

The assessor average sits −14.5% from the market figure — an average against a typical value, so treat it as a check, not a verdict.