North Haven, Connecticut Housing Market Prices
North Haven Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 58% above the Connecticut median$444,235
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Median rent 16% above the Connecticut median$1,719
Housing Market Overview
| Metric | North Haven | Connecticut Avg | US Average |
|---|---|---|---|
| Median Home Price | $444,235 | $281,244 | $248,835 |
| Price Trend (Annual %) | 5.9% | 3.6% | 7.5% |
| Median Gross Rent | $1,719 | $1,481 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in North Haven is about 58% higher than in Connecticut. Rent is about 16% higher than the Connecticut average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in North Haven, up about 5.9% and 4.2% a year respectively. Home prices are changing faster.
Median rent in North Haven rose about 42.0% between 2015 and 2024, from $1,211 to $1,719. Over the same span, rent in Connecticut rose about 36.7%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in North Haven.
Buying the median-priced home in North Haven costs roughly 21.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in North Haven. The price-to-rent ratio in Connecticut is about 15.8.
| Metric | North Haven | Connecticut Avg | US Average |
|---|---|---|---|
| Median Home Price | $444,235 | $281,244 | $248,835 |
| Median Household Income | $131,777 | $97,098 | $80,455 |
| Price-to-Income Ratio | 3.4 | 2.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in North Haven rose about 41.4%, while median household income rose about 49.6% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | North Haven | Connecticut Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 79.0% | 62.8% | 58.5% |
| Rental Rate | 18.1% | 30.3% | 31.2% |
| Vacancy Rate | 2.9% | 6.9% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
North Haven has a homeownership rate of 79.0%, higher than the Connecticut average of 62.8%. Its housing vacancy rate is 2.9%, compared with 6.9% in Connecticut.
Housing Stock
| Metric | North Haven | Connecticut Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1967 | 1966 | 1978 |
| Median Number of Rooms | 6.4 | 5.7 | 5.5 |
The typical housing unit in North Haven was built around 1967. On average, 2.5 people live in a home with about 6.4 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in North Haven, Connecticut.
What is the median home price in North Haven, Connecticut?
The median home price in North Haven, Connecticut is $444,235, higher than the Connecticut average of $281,244.
What is the average home price in North Haven, Connecticut?
The typical home price in North Haven, Connecticut, reported as the median sale price, is $444,235. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in North Haven, Connecticut?
The median gross rent in North Haven, Connecticut is $1,719 per month, higher than the Connecticut average of $1,481.
What was the median gross rent in North Haven in 2020?
In 2020, the median gross rent in North Haven, Connecticut was $1,385 per month.
What is the price-to-rent ratio in North Haven, Connecticut?
The price-to-rent ratio in North Haven, Connecticut is about 21.5, meaning it would take roughly 21.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in North Haven.
Are home prices or rent rising faster in North Haven, Connecticut?
Both home prices and rent are rising in North Haven, up about 5.9% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in North Haven, Connecticut?
79.0% of households in North Haven, Connecticut own their home, higher than the Connecticut average of 62.8%.
What is the vacancy rate in North Haven, Connecticut?
The housing vacancy rate in North Haven, Connecticut is 2.9%, lower than the Connecticut average of 6.9%.
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