ZIP 06516 vs ZIP 06512

06516 is one of 41 ZIP codes that lie mostly in New Haven County, CT.

Shaded by typical home value, it ranks 26 of the 39 nearby ZIPs shown.

10 school locations in 06516: 6 elementary, 2 middle, 2 high.

In alphabetical order: Alma E. Pagels School, Carrigan 5/6 Intermediate School, Edith E. Mackrille School, Engineering - Science University Magnet School, and more on the ZIP page. Locations only — no ratings are shown here.

06512 is one of 41 ZIP codes that lie mostly in New Haven County, CT.

Shaded by typical home value, it ranks 27 of the 39 nearby ZIPs shown.

8 school locations in 06512: 5 elementary, 3 middle.

In alphabetical order: Carbone School/East Haven Academy, Deer Run School, Dominick H. Ferrara School, Grove J. Tuttle School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 06516 was worth $107,578.

Values peaked at $366,486 in August 2026. The latest reading is the peak.

As of August 2026: $366,486, +7.8% over twelve months.

Start with the typical home: $366,486. Put 20% down and borrow $293,189 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,030 a month in principal and interest.

The median household here earns $73,566 a year, $6,131 a month. So the payment takes 33.1% 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 9.7% 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 $644.

In December 2020, with rates at 2.68%, it was $715.

By August 2026, at 6.67%, it was $1,885 — +164% since December 2020, while the home's value moved +66%.

Reported values rose +241% 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 $212,316. So the real change is +73%, not +241%.

06516: +241% since January 2000.

New Haven County: +180% since January 2000.

Connecticut: +174% since January 2000 — 06516 ran ahead of it by 67 points.

Owning the typical home costs about $2,396 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,965 a month.

Price divided by a year's rent: 15.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 06512 was worth $109,199.

Values peaked at $365,048 in August 2026. The latest reading is the peak.

As of August 2026: $365,048, +3.8% over twelve months.

Start with the typical home: $365,048. Put 20% down and borrow $292,038 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,022 a month in principal and interest.

The median household here earns $84,034 a year, $7,003 a month. So the payment takes 28.9% 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 8.6% 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 $654.

In December 2020, with rates at 2.68%, it was $759.

By August 2026, at 6.67%, it was $1,878 — +147% since December 2020, while the home's value moved +56%.

Reported values rose +234% 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 $215,515. So the real change is +69%, not +234%.

06512: +234% since January 2000.

New Haven County: +180% since January 2000.

Connecticut: +174% since January 2000 — 06512 ran ahead of it by 61 points.

Owning the typical home costs about $2,387 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,277 a month.

Price divided by a year's rent: 13.4. 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 54 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: 113. That is 46% of the 2015–2019 level for the same months.

Going out — closed sales: about 47 a month. That is 74% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.4 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 7 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 47 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 59 — so sales ran at 80% of it, and below it in 22 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 36 a month (Redfin, 3-month rolling data through August 2026). That is 70% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 67. That is 38% of the 2015–2019 level for the same months.

Going out — closed sales: about 29 a month. That is 73% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.3 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 7 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 29 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 37 — so sales ran at 78% of it, and below it in 22 of the last 24 months.

County assessor records list 14,946 properties with a market value here. Their average assessed market value is $305,900; the typical home value is $366,486.

The assessor average sits −16.5% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

County assessor records list 10,012 properties with a market value here. Their average assessed market value is $229,100; the typical home value is $365,048.

The assessor average sits −37.2% from the market figure — an average against a typical value, so treat it as a check, not a verdict.