ZIP 06704

06704 is one of 41 ZIP codes that lie mostly in New Haven County, CT.

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

9 school locations in 06704: 5 elementary, 2 middle, 2 high.

In alphabetical order: Bucks Hill School, North End Middle School, Reed School, Regan School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 06704 was worth $74,166.

Values peaked at $269,874 in August 2026. The latest reading is the peak.

As of August 2026: $269,874, +2.8% over twelve months.

Start with the typical home: $269,874. Put 20% down and borrow $215,899 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,495 a month in principal and interest.

The median household here earns $47,848 a year, $3,987 a month. So the payment takes 37.5% of income — rated “severe” (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 10.3% 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 $444.

In December 2020, with rates at 2.68%, it was $428.

By August 2026, at 6.67%, it was $1,388 — +224% since December 2020, while the home's value moved +104%.

Reported values rose +264% 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 $146,374. So the real change is +84%, not +264%.

06704: +264% since January 2000.

New Haven County: +180% since January 2000.

Connecticut: +174% since January 2000 — 06704 ran ahead of it by 90 points.

Owning the typical home costs about $1,765 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,504 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.

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 25 a month (Redfin, 3-month rolling data through August 2026). That is 75% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 62.

Going out — closed sales: about 22 a month.

The ladder: homes for sale ÷ monthly sales = 2.9 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 3 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 22 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 23 — so sales ran at 96% of it, and below it in 9 of the last 24 months.

County assessor records list 5,344 properties with a market value here. Their average assessed market value is $175,200; the typical home value is $269,874.

The assessor average sits −35.1% from the market figure — an average against a typical value, so treat it as a check, not a verdict.